Hard hitting global and local news
See more here: Merkel Reaffirms "Refugees Welcome" Policy Over Her Own Party’s Objections
Credit xkcd Eli’s attention in the comments has been drawn to a rather superficial analysis of the situation the world finds itself in by Steve Koonin whom the bunnies have met before. Koonin appears not to have taken Andy Lacis’ advice to spend time to understanding the physics of climate change better and that small changes in the wrong place are what brings prosperity to undertakers. As Lacis said about Koonin’s belittling the effect of small changes in global temperature
Continue Reading: Why Saudi Arabia and Russia Cannot Be Partners
View original post here: West Secretly Elated Over Downed Russian Airliner
Ship & Bunker reports Box Markets are in an Over-Capacity Crisis, Next Year Will be Worse Credit managers may well be keeping an even closer eye on box carriers next year, following a warning from Drewry that the sector is set to face even tougher times in 2016 as the in-balance of supply and demand slides to its worst since financial crisis hit 2009. And the research agency says the slump could last for several years
See the article here: Greek Banks’ Non-Performing Loans Hit 43%; Only €14 Billion Recapitalization Needed?
In what should be perfectly obvious (but isn’t to Germany and Sweden), EU’s Refugee Policy Helps People Smugglers . Europe is running a “people-smugglers’ promotion programme†that is “massively overburdening†several countries, Austria’s foreign minister has warned.