Politics

After German Chancellor Angela Merkel admitted late last year that she had “lost control” of Germany’s refugee crisis after adopting an “open door” policy that fueled an unprecedented spike in crime, her weakened ruling coalition announced Monday that it would seek to impose new restrictions on the number of refugees admitted to the country.

Germany famously admitted nearly one million refugees from Syria, Libya, Afghanistan and other war zones in 2015, a five-fold increase over the previous year.

On Sunday, in its most explicit warning to Donald Trump not to revise the terms of the Nuclear Deal - something the US president is expected to do over the coming days - Iran warned the United States that U.S. regional military bases "would be at risk" if further sanctions were passed.

http://www.youtube.com/embed/p0Q3nhfHcY0

The White House has rolled out the President’s 70 point plan to reform the immigration system. Will building a wall, hiring more officers and prosecutors, mandating E-Verify, and other enforcement measures help solve the problem? Or is there a better way?

In a quite shocking escalation of the rhetoric in Spain, a spokesman for the ruling People's Party just issued a (barely) veiled death threat to the President of Catalonia.

"Let's hope that nothing is declared tomorrow because perhaps the person who makes the decalartion will end up like the person who made the declaration 83 years ago."

While Wall Street appears to have ignored the latest political spat within the Republican party over the weekend, in which Donald Trump lashed out at outgoing Senator Bob Corker, while the latter compared the White House to "daycare for adults", and later warned Trump may launch World War III, this particular feud involving the president may last longer than just the usual 24-hour news cycle, and could have dire consequences for the market, which in recent days has repriced a more than 60% probability (according to Goldman) that Trump's tax reform will pass.