EUROPEAN HEADLINES
FT Europe – Stock exchanges across the world plunge into bear market territory. Equities dragged down by global growth worries. Oil price sinks to another record low.
WSJE – More than 20 dead in campus assault in Pakistan. Gunmen stormed a university campus in northwest Pakistan on Wednesday. A splinter group of the Pakistani Taliban claimed responsibility for the attack.
INYT – Taliban kill 22 in assault at Pakistani university. Attack renews fears of a revived insurgency after military crackdown.
BBC Europe – President Putin ‘probably’ approved Litvinenko murder.The murder of ex-Russian spy Alexander Litvinenko in 2006 was “probably” approved by President Vladimir Putin, a public inquiry has concluded. Mr Litvinenko died aged 43 in London days after being poisoned with radioactive polonium-210, which he is believed to have drunk in a cup of tea. Chairman Sir Robert Owen said it was likely Mr Putin signed off the killing following a long-running feud.
FRANCE
Le Monde – The left wing is tearing up over secularism. Manuel Valls harshly criticised Jean-Louis Bianco, the President of the Socialist Observatory for Secularism, on Monday.
Les Echos – An uncontrollable collapse. France’s CAC-40 has tumbled more than 11% in January. Negative impacts of endlessly falling oil price. Pressure grows again on ECB.
GERMANY
Frankfurter Allgemeine Zeitung (FAZ) – Vienna decides cap for asylum seekers. Faymann: we can’t welcome them all in Austria. Gauck: limitation not unethical.
Sueddeutsche Zeitung (SZ) – Vienna sets a cap for refugees. Austria wants to accept no more than 127,500 refugees until the end of 2019. The CSU sees a confirmation of its positions. German President Gauck warns against breaking the EU and criticises the lack of solidarity in Eastern Europe.
ITALY
La Repubblica – Stock markets: global contagion. Yesterday was once again a very difficult day for EU and US stock markets. €233 billion were wiped off the value of shares on European markets.
Il Sole 24 Hora – Stock markets crash, Milan: -4.83%. Dark day for European stock markets and for Milan in particular due to the plunging oil price and growth concerns.
POLAND
Gazeta Wyborcza – This is how Kaczyński wants to finish off PO. PiS sets its sights on local self-governments as PO-PSL coalition still rules in 15 out of 16 provinces in Poland. PiS plans to use administrative changes as pretence for dismantling PO-PSL coalition in the regions.
SPAIN
El País – PSOE leaders wary of the pact initiated by Sanchez. Regional leaders want to negotiate a deal with Podemos moderating its demands for a referendum.
Expansión – Marcelό, Melia, RIU and NH go East. Spain‘s big hotel chains start their conquest of Asia.
UK
The Times – £50bn slide raises fears of market meltdown. More than £50 billion were wiped from the value of Britain’s biggest businesses yesterday as the stock market plunged to its lowest level for four years.
The Guardian – Panic selling grips markets as fears for global economy grow. Fears that the global economy could be heading for a repeat of the 2008 financial crash sent shockwaves through financial markets yesterday and a rush by investors to safe havens.
©europeanunion2016