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Italy Furious After Austria Deploys Troops, Armored Vehicles To Border

Italy Furious After Austria Deploys Troops, Armored Vehicles To Border

An angry Italy summoned Austria's ambassador after the government in Vienna announced it was ready to re-introduce border controls and deploy troops and armored vehicles along the border to block any migrant influx out of Italy. Austrian Defence Minister Hans Peter Doskozil told Kronen Zeitung daily that troops could go to the Brenner Pass and that four Pandur armoured personnel carriers had been sent to the Tyrol region with 750 troops were on standby.

Abe "Plunges Into Crisis" After LDP Suffers "Historic Defeat" In Tokyo Elections, USDJPY Slides

Abe "Plunges Into Crisis" After LDP Suffers "Historic Defeat" In Tokyo Elections, USDJPY Slides

On Sunday Japanese PM Shinzo Abe’s Liberal Democratic Party suffered what Reuters called a "historic defeat" in the Tokyo assembly election, and "plunged into a crisis" after losing to an upstart outfit in an vote that is seen as a harbinger for Japan's national elections, and signaling trouble ahead for the premier who has suffered from slumping support after a series of political scandals.

Frontrunning: June 28

  • Global Bonds Sell Off, Sparking Fears of Further ‘Taper Tantrum’ (WSJ)
  • Facing revolt on healthcare, GOP senators delay vote (Reuters)
  • Global businesses dig out from latest cyber attack (Reuters)
  • Companies Work to Contain Fallout From Cyberattack (WSJ)
  • Cyber attack hits property arm of French bank BNP Paribas (Reuters)
  • Obama Choked on Russia Long Before the 2016 Election (BBG)
  • The EU May Need to Introduce a Bloc-Wide Tax After Brexit (BBG)
  • iPhone Anniversary Edition Gives Analysts Pre-Party Jitters (WSJ)

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