EUROPEAN HEADLINES
FT – Buffett “elephant” deal for Precision is $37 billion bet on US manufacturing. Biggest swoop signals confidence in outlook. Further mega-buys ruled out this year.
WSJE – Wave of attacks in Turkey kills 9. Nine people were killed in separate attacks across Turkey on Monday, adding to worries here that Ankara’s decision to step up military pressure on Kurdish separatists and increase involvement in the US-led campaign against Islamic State will trigger more violence on Turkish soil.
INYT – Sanders’s campaign is no 2004 rerun. Democrats might feel a sense of déjà vu, but he isn’t Howard Dean.
FRANCE
Le Monde – One French Jihadist in seven dies in Syria. According to the Interior Ministry, 910 French have joined the Jihad in Syria since the beginning of the conflict. 126 died there, one in seven.
Les Echos – Japan bets on a nuclear rebirth. Kyushu Electric Power restarts today reactor Sendai 1, in the south-western region. Shinzo Abe’s government projects to produce 20 to 22% of nuclear electricity by 2030.
GERMANY
Frankfurter Allgemeine – Calls in the CDU for a fundamental debate on the euro rescue. Kauder’s statements criticised; no changes in Committees expected.
Sueddueutsche Zeitung – Verdi threatens with new kindergarten-strikes. Union boss Bsirske announces “unconventional actions” in the event of municipalities not submitting a better deal by the end of the summer holidays.
ITALY
La Repubblica – Migration: divisions between bishops and the North league. While Pope Francis declared that to push back migrants was a “criminal offence,” the Secretary of the North League Matteo Salvini stated that, on the contrary, to repel them was a “duty.”
Il Sole 24 Ore – “Made in Italy” label champions growth. Back to the basics. The Italian industrial system goes back to what made it strong in the first place: super-international medium sized corporations and smaller companies connected directly to the global supply chain. Italy banks on its knowledge of the thin line between artisanal know-how and industrial process.
POLAND
Gazeta Wyborcza – National Television of Poland. PiS party plans to transform public media into national ones, to build a national identity. The plan is to enable changes in TVP and Polish Radio management boards at one go.
SPAIN
El Pais – The PP thinks it has found the PSOE’s weakness: Catalonia. Conservative leaders criticise the Socialists’ allegedly ambiguous position on nationalism.
Expansion – Investors avoid Catalonian bonds for fear of sovereignism. The market demands 40% higher interest rates to buy the Generalitat’s debt.
UK
The Times – New poll has Corbyn on course for huge victory. Hard-left candidate almost doubles lead.
The Guardian – Trafficked workers sue UK bosses. Six seek justice in claims related to modern slavery. High street egg brands ‘supplied by bonded labour’. Workers tell of inhuman life as chicken catchers.
©europeanunion2015
