Norway to give fresh boost to equities in $880bn fund
Oil investments to shift from bonds. Vehicle owns 1.3% of every company.
WSJE
Battle for Mosul Exposes Tensions
Obama sees “difficult fight” for city as Kurdish troops criticize Iraqi allies.
INYT
Putting idle refugees to work
Full-time jobs are a path to assimilation in Europe, but they’ve been scarce.
FRANCE
Le Monde
Collapse of tourism in Paris and on the Côte d’Azur threatens jobs
Tourism, which accounts for 7% of French GDP, is prepared to cut jobs. In august, the sector’s difficulties increased the unemployment rate.
Les Echos
French nuclear power plants are hit by serial shutdowns
The nuclear safety authority demands controls on five new reactors. A third of the EDF’s production facilities are at a standstill.
GERMANY
Frankfurter Allgemeine
Merkel ahead of Putin visit: we mustn’t expect miracles
Russian President in Berlin today. Talks about Ukraine and Syria. Criticism of Kiev.
Süddeutsche Zeitung
Merkel wants to urge Putin to moderation
On the war in Syria, the Chancellor wants to underline to the Russian President the seriousness of the situation at a meeting in Berlin. But warns against expecting miracles.
ITALY
La Repubblica
Obama and Renzi meet at the white house “Italy needs to vote yes in the referendum, Renzi should stay”
Barack Obama hosted Matteo Renzi at a state dinner and backed his referendum.
Il Sole 24 Ore
Inflation enhances stock exchanges
Milan (+2%) best in Europe thanks to banks and insurers, MPS +12.8%
POLAND
Gazeta Wyborcza
Warsaw’s Inquisition
Head of Law and Justice Jarosław Kaczyński and Minister of Justice Zbigniew Ziobro came up with an idea to form a vetting committee that would investigate the reprivatisation of properties in Warsaw. It would be first such powerful committee in the history of Poland.
SPAIN
Expansion
Juan Manuel Santos Suárez, current president: “My goal is to enable CNMV to work as it has performed so far”
“The Board will meet at least every two weeks instead of every month”.
El Pais
The PSOE starts gathering forces for its reconstruction
A majority of MPs support abstention. The rest accept the federal committee’s decision.
UNITED KINGDOM
The Times
May ‘fudges’ Heathrow decision
Third runway given nod but final vote delayed until 2018.
The Guardian
May given dire warning over customs union
Pullout risks 4.5% fall in GDP and ports gridlock, cabinet told
