Hard hitting global and local news
The Financial Times asks Could Attacks Have Been Prevented? While not every terrorist plot can be thwarted, authorities misses a huge number of warning signs. Coupled with inane acceptance of Syrian refugees, the EU virtually invited terrorist activity
More: Protect Yourself from NSA Attacks and Don’t Do Anything Stupid
Bloomberg notes Japan Enters Recession as Economy Contracts in the Third Quarter . Japan’s economy contracted in the third quarter on sluggish business investment, confirming what many economists had predicted: The nation fell into its second recession since Prime Minister Shinzo Abe took office in December 2012.
Excerpt from: France Strikes Back; Increasingly Isolated Merkel Refuses to Change Position
Although denying that was his intention, European Commission President Jean-Claude Juncker Plans Deposit Guarantee Fund by 2024 .
See more here: Schäuble Accuses Merkel of "Careless Actions" Warns Germany Faces "Avalanche” of Refugees; Reckless not Careless
Excerpt from: Wholesale Trade Inventories Surge Led By Autos
China’s CPI is up a modest 1.3 percent year over year but Producer Prices Fall for 44th Month . China’s consumer inflation moderated again in October, while producer prices declined for the 44th straight month, as falling commodity prices and weak demand add to deflationary pressure.
Continued here: Robots Will Change World Beyond Recognition Says BoA; Automation Will Change Jobs More Than Kill Them Says McKinsey
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