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What’s Keeping The German Grand Coalition Talks Alive?

Authored by Mike Shedlock via www.themaven.net/mishtalk, After rejecting a Grand Coalition, SPD's Sigmar Gabriel seeks to keep the hopes alive despite little party support. Why? Background Heading into the last election, SPD failed to distinguish itself. Voters reacted appropriately, abandoning SPD, leading to its worst performance ever. When SPD initially declined the opportunity to form […]


Key Events In The Coming Week: Jobs, Brexit, PMI, IP And More

The first full week of December is shaping up as rather busy, with such Tier 1 data in the US as the payrolls report, durable goods orders and trade balance. We also get UK PMI data and GDP, retail sales across the Euro Area, as well as central bank meetings including Australia RBA and BoC […]


German Government Drafts “Orwellian Nightmare” Plan To Spy On All Digital Devices

Germany's Interior Ministry is challenging the NSA for the title of world's most Orwellian intelligence agency. According to Russia Today, Thomas de Maizière, Germany’s interior minister, wants to create secret backdoor access to computers, phones and even Volkswagens – a plan that critics are slamming as an "Orwellian nightmare". Maiziere plans to argue in favor […]


Sweden’s New Government Censorship Exposed

Authored by Judith Bergman via The Gatestone Institute, In the report, placing the word "refugees" in quotation marks, as well as "unaccompanied children," is supposedly an expression of "hate". (Many, if not most, migrants classified as "unaccompanied children" have turned out to be grown men). Government agencies are going out of their way to protect […]


Merkel Tanks In German Polls As Critical Discussions Take Place With SPD

Angela’s Merkel’s ability to restore her power in Germany should be decided in the next few days, as talks take place with Martin Schultz’s SPD. In the meantime, Merkel’s ratings have unexpectedly “tanked” in the latest German polls. More than half of Germans believe she should not run for office in a poll conducted for […]


Gold, Euro Slump As Merkel Admits “New Elections Are The Better Way”

EURUSD is testing overnight lows (and gold is tumbling) after German Chancellor Angela Merkel said she would prefer to go ahead with new federal elections rather than try to form a minority government.   Seeking her fourth term, Bloomberg reports that Merkel is “skeptical” about a minority government as it may not bring about necessary stability […]


Meet The 31-Year-Old Austrian Anti-Immigrant Who Just Became The World’s Youngest Leader

As discussed earlier, Austria’s young conservative star, Sebastian Kurz, is now assured of becoming the country’s next leader, projections of Sunday’s parliamentary election result showed, but his party is far short of a majority and is likely to seek a coalition with the resurgent far right. Sebastian Kurz arrives to cast his ballot on Oct. […]


Meet The 31-Year-Old Austrian Anti-Immigrant Set To Become The World’s Youngest Leader

The front runner in Austria’s Sunday election ended his campaign with a familiar message : Sebastian Kurz pledged to make Austria great again. He is set to become the world’s youngest leader, ahead of France’s Emmanuel Macron, who is 39… oh and North Korea’s 34-year-old Kim Jong-un, of course. “I want to put Austria back […]


Global Stocks Mixed After “Nightmare Victory” For Merkel; Chinese Property Developers Crash

European stocks rose as the euro tumbled following Germany’s election result which was dubbed a “Nightmare Victory” for Merkel and could lead to potentially complicated coalition talks and perhaps even another early election. U.S. equity-index futures point to a lower open, while Asian equities slide after a plunge in Chinese property developer names over worries […]


September 25, 2017, Uncategorized
With German Polls Closing, Merkel Looks To Historic 4th Term In Office; Far-Right AfD Set To Enter Bundestag

With polls closing shortly, Germany voted on Sunday in the country’s federal elections, with long-serving Chancellor Angela Merkel looks certain to win a historic fourth term in office (see full preview here). Absent last minute drama, the poll is also expected to see the right-wing Alternative for Germany (AfD) entering parliament for the first time. […]


Why The German Elections Matter, And Not Just For Germany

With just hours to go before the German election, Angela Merkel looks set to remain Chancellor for a record fourth term. This suggests largely unchanged economic policies, focusing on fiscal prudence and conditional steps towards European integration. However, with new political winds clouding the outlook for globalization, trade relationships and security in Europe, and with […]