No banking scandals without the participation of Deutsche Bank. This one is massive and the German national government is doing all it can – as is also the case in Volkswagen´s diesel cheating – to avoid any major consequences for the bank.
Economics
Shaun Richards: The German economy contracts as inflation picks up on both Spain and Italy
Germany is entering recession, despite predictions from the great and the good that it wouldn’t. Read the article HERE.
Economics
Financial Post – Germany’s 10-year yield falls below 0% as traders slash ECB hike bets
Well, there will be a lot of German politicians who are going to be very disappointed, not to mention Hans-Werner Sinn, who still again got things wrong. Read Here
EU politics
Politico – EU weighs sanctions on Niger as Gabon hit by latest coup
The EU are struggling to keep up with the revolt against French neo-colonialism in Africa, with eight coups against pro-French rulers in the past three years. Read the article HERE.
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