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European Union

The Pope Returns To Rome With 12 Syrian Refugees From Greece

The Pope has taken 12 Syrian refugees, including six children, on his plane back to Rome following a visit to the Greek island of Lesbos, according to the Vatican. All the asylum seekers rescued by Pope Francis were Muslims They were among thousands of people trapped on the Greek island of Lesbos following the controversial EU-Turkey deal, which sees all asylum seekers arriving over the Aegean detained as they await their fate.

Jeremy Corbyn Accused Of Hypocrisy Over EU Referendum

Brexit campaigners cried hypocrisy after Jeremy Corbyn changed his tune to back the Remain campaign in the EU referendum . David Cameron said he welcomed Mr Corbyn’s backing for EU membership Making his first major speech of the referendum campaign, Corbyn stood by past criticisms of the EU but said Britain had to remain in to fight for social reform. The Sun reports: As late as last summer the Islington MP refused to rule out campaigning for Brexit, having previously branded EU policies “crazy and immoral”.

Frontrunning: April 15

  • Global stocks, dollar and oil cool ahead of Doha meeting (Reuters)
  • Oil Falls Before Doha as Global Markets Brace for Weekend Risk (BBG)
  • China Growth Slows; Revival Policies Appear to Gain Traction (WSJ)
  • White House hopefuls Clinton, Sanders joust in Brooklyn brawl (Reuters)
  • Trump talks up 'New York values' as protesters demonstrate against him (Reuters)
  • Sanders Can’t Clarify Wall Street Plan in Testy Clinton Debate (BBG)
  • Goldman's Blankfein Said to Push Deepest Cost Cuts in Years (BBG)

Guess Which Major Bank Loses The Most From Brexit?

Banks have been lobbying intensively against Brexit. Among those leading the charge is Goldman Sachs. For three years, the bank’s executives have publicly warned about the downsides of leaving the EU... and now we know why (hint - it's not concern for the common man).

As The Wall Street Journal reports, about a decade ago, Goldman launched project “Armada,” a plan for a hulking European headquarters on the site of an old telephone exchange in London.

Frontrunning: April 14

  • Global shares reach four-month high, forex hit by Singapore sting (Reuters)
  • Dollar Rally Hits Commodities as Europe Halts Global Stock Gains (BBG)
  • Currencies Across Asia Fall Sharply Against U.S. Dollar (WSJ)
  • IEA expects limited impact from oil output freeze at Doha (Reuters)
  • IEA Sees Oil Oversupply Almost Gone in Second Half on Shale Drop (BBG)
  • BofA Profit Declines 13% on Trading Slump, Energy Reserves (BBG)
  • BlackRock quarterly profit falls 20 percent (Reuters)

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