Get Ready For A New Chernobyl In Ukraine
Via Oriental Review,
With the onset of winter and the increasing strain on Ukraine’s energy system, the threat of a new nuclear disaster in Central Europe is becoming more than just a theoretical danger.
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European Union
Italy's Parallel Fiscal Currency: All You Need To Know
Authored by Marco Cattaneo, from Basta con l’Eurocrisi, via GEFIRA,
There is an increased talk in Italy about fiscal money as an instrument to resolve the economic crisis, which is not over yet.
Despite the optimism shown by the Italian government and the EU, the Eurozone economy is far from being in an acceptable condition, and this applies in particular for Italy.
Key Events And FX Week Ahead: Central Banks Send Markets Into A Coma, Someone Say Something New Please!
European politics returns with a bang this week, when not only will attention be focused on Austria to see if the right wing Freedom Party joins the People's Party in a historic governing coalition, in an embarrassing blow to Europe's establishment, but also whether Catalan President Puidgemont will (again) fomally - and this time clearly - announce whether he has declared independence as Spain's PM Rajoy demanded last week. Elsewhere, EU leaders meet on Thursday to discuss the progress of the Brexit talks and whether transition and trade negotiations can begin.
Forget Catalonia, Flanders Is The Real Test Case Of EU Separatism!
Authored by Andrew Korybko via Oriental Review,
Catalonia’s separatist campaign has dominated European headlines for the past couple of weeks, but it’s really the northern Belgian region of Flanders which will serve as a barometer over whether large chunks of the EU will fall apart into a collection of identity-centric statelets prior to the bloc’s reconstitution into a “federation of regions”.
World Stocks Hit 4th Consecutive Record High, Bonds Rise On ECB QE Report
World stocks rose to a 4th consecutive record highs, while the dollar headed for its worst week; U.S. stock-index futures are steady, with European and Asian stocks higher ahead of much anticipated US inflation data, which is expected to give cues on the outlook for the Federal Reserve’s interest rates. MSCI’s all world equity index was up 0.1% after hitting record highs on Thursday. Earlier in Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan hit a 10-year high, up 0.3 percent on the day.