Thursday, May 25, 2017

Economic News , Data & Views.....May 25 , 2017 Morning Notes -1) NATO Meeting Initial Comments & Observations. 2) UK - Latest On Investigation Into Manchester Terror Attack , UK General Election Resumes. 3) OPEC Meeting - OPEC Agrees To Extend Current Production Cuts For 9 Months , No Deeper Cuts Made , Oil Sells Off. 4) Greece Economic & Financial News For The Morning. 5) Italy - Veneto Banks Face Looming Bail - In. 6) US Politics - More From Nato Meeting & US Domestic Political Issues. 7) Odds & Ends - Bitcoin Explodes Overnight , Brazil Prosecutors Look At New Temer Inquiry , Adelson Questioned By Israeli Police In Netanyahu Probe & More Items To Consider !




Nato.....





1 hour ago
RAW VIDEO: Trump arrives at European Union headquarters for NATO meeting.






Tusk says no common position with on Russia







on meeting with :We discussed foreign policy, security, climate and trade. We agreed on many areas, especially counter-terrorism





UK.....











| INCIDENT IN WHICH ARMY BOMB DISPOSAL ATTENDED IS OVER, FALSE ALARM - BBC REPORTER ON TWITTER - RTRS






| 'S MANCHESTER POLICE SAY WE CAN CONFIRM THERE IS AN INCIDENT ON LINBY STREET IN HULME - RTRS





- Police are closing down the entire area and are evacuating Castlefield Campus college. Army on the way there too.




Bomb Disposal Team Has Arrived At Trafford College





Army Is Responding To A Call At A College In Trafford





Manchester prepares for minute's silence at 11am







Queen meets young Manchester bomb victims on visit to children's hospital and calls attack 'very wicked'









General Election campaign resumes after break for reflection after Manchester terror attack...








UN experts hacked while investigating violations of sanctions on NK...






UK PM MAY TO RAISE CONCERNS OVER INTELLIGENCE LEAKS ON MANCHESTER ATTACK WITH U.S. PRESIDENT TRUMP ON THURSDAY - UK GOVERNMENT SOURCE SAYS





Replying to 
LATEST: 7th arrest made in UK in bomb investigation - man held after search in Nuneaton tonight. 6 men & 1 woman in custody





Live from new Manchester raid site on shortly





OPEC....





Key to any production cut agreement is compliance. OPEC has been good about complying so far. Non-OPEC hasn't been as successful. (BBG)







Buy the rumor, sell the fact: lower as agrees to extend oil prod cuts for 9mths,, Reuters reports.






| OPEC AGREES TO EXTEND PRODUCTION CUTS FOR NINE MONTHS - DELEGATE - RTRS





| OPEC DEAL HAS SAME CONDITIONS FOR , , :DELEGATE - BBG





| OPEC PLAN FOR 9-MO CUT EXTENSION SUBMITTED TO NON-OPEC:DELEGATE - BBG







1 hour ago
| OPEC DOESN'T PLAN TO ADD 3-MO OPTION TO 9-M0 EXTENSION:DELEGATE - BBG



SAUDI ARABIA ENERGY MINISTER: DON'T SEE SHALE DERAILING WHAT WE'RE DOING; SHALE IS NECESSARY IN MARKET




SAUDI ARABIA ENERGY MINISTER: OPEC WILL LOOK AT DEEPER CUTS IF NECESSARY, NO NEED FOR DEEPER CUT NOW




SAUDI ARABIA ENERGY MINISTER: WE WILL CONTINUE TO EVALUATE HOW WELL THE CUTS WILL WORK





Greece....





apartment prices' index hits new record low of 59.1 in Q1 down by 42.2% from peak of 102.2 in Q3 2008, BoG figures show.






apartment prices decrease at a sharper pace by 1.8 pct in Q1





Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock





net profits at 5 mln in Q1, NPEs drop for fourth straight quarter



Greek authorities investigate cargo ship with explosives






Crash-damaged railway line restored, OSE says






Tsipras hints at compromise after Eurogroup impasse






Delivery, courier workers parking their mopeds on Thursday




Pilot boats’ lack of staff and equipment forces delays on cruise ships






Chinese ambitions could transform Southeastern Europe into a key area






Italy.....





1 hour ago
Bail in looms for Italian Banks....Veneto in focus !







No liquidity problem says Italy's Economy Minister , even as bail in looms.....whistling past the graveyard ?







*PADOAN RULES OUT BAIL-IN FOR VENETO, VICENZA BANKS: ANSA







1 hour ago
Italian steel magnate to end up behind bars






US Politics....





TRUMP THURS: -European Union HQ -Emmanuel Macron -Article 5 and Berlin Wall memorials -new NATO HQ -dinner w NATO leaders -fly to Taormina.






Trump greets French President Macron by praising his "incredible victory." "All over the world they're talking about it," Trump said.







Translated from French by 
Trump-Macron's first meeting at the Embassy of the United States in Brussels







Press called out a question to Trump: Can Brits trust US with intelligence they share? No answer.







1 hour ago
The US delegation expressed concern jobs in US would be lost because of Brexit, an EU official said after the meeting with Trump.





White House's Jason Greenblatt is returning to Israel, planning to meet with Palestinian Authority Mahmoud Abbas today.






Tusk emphasizes "values and principles" after meeting with . Doesn't seem so enthusiastic about the meeting.






In defense of the - & his legacy - the former SecState urges Congress not to put new sanctions on Iran right now.





Trump enters with Tillerson and shakes hands.







US officials here at EU headquarters for Trump's meeting with EU chiefs: Mattis Cohn McMaster Powell






UK is upset US officials shared details of Manchester bombing with US media. Theresa May will mention to Trump.




Russian officials discussed how to use Flynn, Manafort to influence Trump: report







Top Dem demands investigation of Sessions for not disclosing meetings with Russian official:







GOP frustrated by slow pace of Trump staffing:






How was Bernie Sanders able to win 43 percent of the vote in the 2016 Democratic presidential primary?







Steve Mnuchin criticized the border adjustment tax, saying “it does not create a level playing field”







Dems see health care as a more potent issue to voters than the Russia investigation








OPINION | This is not the first time Comey and Mueller have been players in a major political controversy








“I think we need to use whatever compulsory mechanism necessary to get the information that [Flynn] possesses”




How did a Universalist Party give over 40 percent of its votes to a modern Populist?






Odds & Ends ...





The latest Bitcoin Price Index is 2,738.84 USD





Recall , bitcoin in South Korea was at 2,800 on May 23rd !





Brazil Prosecutors Said to Consider New Inquiry on Temer: Folha










Israeli police question U.S. casino mogul Adelson in Netanyahu probe