[Reuters] Dollar and shares lick wounds ahead of Fed minutes
[Bloomberg] Yen at Strongest in 17 Months Probing Limit of Japan’s Tolerance
[Bloomberg] Emerging Stocks Extend Drop as Growth Concern Offsets Oil Gain
[Bloomberg] Global Bond Yield Plunge to Record 1.3% in Flashing Warning Sign
[Bloomberg] Pfizer Confirms Termination of Proposed $160 Billion Allergan Merger
[Bloomberg] Biggest Banks to Face Tougher Debt Limits to End Too-Big-to Fail
[Bloomberg] For Island of 500,000 Companies, Panama Leaks Unleash Storm
[Bloomberg] Japan is Fast Approaching the Quantitative Limits of Quantitative Easing
[Bloomberg] China Coal Miner Fails to Make Bond Payment Amid Slowing Economy
[Bloomberg] Yingli Fails to Reach Deal to Extend Repayments Due on May 12
[Economic Times] Japan February coincident index falls at fastest pace since 2011 earthquake
[Reuters] Germany sticks to Greek privatisation revenue goal of 50 ban eur
[WSJ] IMF Warns of Possible Crises for Emerging Markets Hit by Outflows
[FT] US tax crackdown provokes foreign fury
[FT] Currency wars backfire for Japan and Euro
Large victoire du « non » au referendum sur l’association avec l’Ukraine aux Pays bas
FT. In the referendum that took place yesterday, Dutch voters rejected the Association Agreement establishing closer economic and political ties between the EU and Ukraine by 61.1% to 38.1% – with 0.8% of blank ballots. Turnout was low at 32.2%, but above the 30% threshold required for the referendum to be valid. Commenting on the result, Dutch Prime Minister Mark Rutte said the ratification of the EU-Ukraine agreement “can’t simply go ahead. We will now begin a step-by-step process. The cabinet will discuss [the result]. There will then be consultations with the lower house [of the Dutch parliament] and our European partners. We will take time for that. It will take weeks, rather than days.”
Ukrainian President Petro Poroschenko said that “strategically, [the result] does not imperil Ukraine’s path towards Europe”, while the country’s Foreign Minister Pavlo Klimkin said, “While we would have hoped for a better result, when it comes to the practical implementation nothing has changed. The Agreement, as up until now, continues to apply provisionally.”
Open Europe’s Pieter Cleppe was interviewed by Danish newspaper Berlingske and described the ‘No’ vote as “the result of EU reform not being taken seriously.”
brunobertez 