| FT Europe |
IMF warns record debt of $152 trillion poses threat to global economy.
Borrowing spurred by ultra-low interest rates. Levels are highest in richest countries. |
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| WSJE |
US traffic deaths surge.
Rise of 10.4% follows an uptick in 2015, raising new worries over distracted driving. |
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| INYT |
Xi may defy China’s script on succession.
The Chinese president, Xi Jinping, appears prepared to defy the Communist Party’s established script for transferring power and delay the designation of his successor until after a party congress next year, unsettling the party elite and stirring speculation that he wants to prolong his tenure.
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| Le Monde |
Assad, master of Syrian chaos.
One year after Russia’s military intervention in Syria, the dictator and his regime survive on the country’s ruins. |
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| Les Echos |
Youth employment: a failure of policy.
The Court of Auditors highlights the piling up of expensive mechanisms with “disappointing” results. Hollande had made youth a top priority of his five-year mandate programme. |
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| Frankfurter Allgemeine |
Theresa May: potholes on the way out of the EU.
Brexit-vote is a “silent revolution”. Economy slips. Pound rapidly loses ground. |
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| Süddeutsche Zeitung |
London wants to force foreigners out of jobs.
PM Theresa May puts pressure on companies: they should employ fewer immigrants, fill vacancies with British people and invest more in training local youth. |
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| La Repubblica |
Regional administrative court (TAR) gets involved. “It’s a trick question”. Renzi: “It’s the law”.
The institution calls for a more “neutral” question, as Renzi resists pressure. |
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| Il Sole 24 Ore |
Bonds and markets under fire, Milan remained “safe”.
Milan: +1.03%. Rush from abroad for 50 year BTPs. |
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| Gazeta Wyborcza |
Polish women defeat PiS.
In feedback to mass-scale “black protests” in Poland, head of Law and Justice (PiS) Jarosław Kaczyński decided, that the civic draft bill of a total abortion ban would be withdrawn. Today the Lower Chamber of Polish Parliament is to officially reject it.
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| El Pais |
PP warns that PSOE’s abstention is not enough.
The PP wants the PSOE to approve the budget and to give stability guarantees or it will call a third election. |
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| Expansion |
Popular returns to dividend.
It will distribute 23% of its 2017 profits to shareholders. |
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| The Times |
May takes centre stage in appeal to Labour voters.
PM uses Tory conference speech to warn rogue businesses and bosses. |
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| The Guardian |
“Change must come”: May consigns Cameron to history.
More to life than individualism and self-interest, PM tells Tories. |
©europeanunion2016 |
