France

Frontrunning: August 18

  • Hunt for Driver Widens as Second Attack Hits Spain, Five Suspects Are Killed (WSJ)
  • FT loses it over bitcoin's relentless rise (FT)
  • China Codifies a Crackdown on ‘Irrational’ Outbound Investment (BBG)
  • U.S. Navy, citing poor seamanship, removes commanders of warship in deadly crash (Reuters)
  • ACLU Will No Longer Defend Hate Groups Protesting With Firearms (WSJ)

CNN's Wolf Blitzer Speculates That Barcelona Attack May Be "Copycat" Of Charlottesville

"There will be questions about copycats. Questions, if what happened in Barcelona, was at all, at all, a copycat version of what happened in Charlottesville, Virginia.  Even though they may be different characters and different political ambitions, they use the same killing device. A vehicle going at high speed a group, a large group, of pedestrians."

Barcelona Terrorism Suspect Named As Morocco-Born Driss Oukabir

According to NBC, Driss Oukabir Soprano has been identified in connection to rental of van used in deadly Barcelona attack, U.S. law enforcement says. Oukabir rented the white Mercedes van in the town of Santa Perpetua de la Mogada, 16 miles north of Barcelona, according to Spanish police.

Europe: Migrant Crisis Reaches Spain

Spain is on track to overtake Greece as the second-biggest gateway for migrants entering Europe by sea. The sudden surge in migration to Spain comes amid a crackdown on human smuggling along the Libya-Italy sea route, currently the main migrant point of entry to Europe.

Pat Buchanan Asks "If We Erase Our History, Who Are We?"

"We have condemned and renounced the scarlet sins of the men who made America and embraced diversity, inclusivity and equality. Our new America is to be a land where all races, tribes, creeds and cultures congregate, all are treated equally, and all move ever closer to an equality of results through the regular redistribution of opportunity, wealth and power."

Is Trump Gearing Up To End The Iran Nuclear Deal?

"U.S. President Trump seems determined to kill the nuclear deal with Iran. European leaders should strive to prevent this, as it would severely damage transatlantic relations and the nuclear non-proliferation regime."

Key Events In The Coming Week: Fed Minutes, Retail Sales And, Of Course, Politics

In what should be a relatively quiet, mid-summer week if only on the global economic schedule even as geopolitical tensions continue to set the general risk tone on any given day, the focus over the next few days will be on US retail sales on Tuesday and Industria Production on Thursday, as well as on monetary meeting minutes from the Fed and the ECB.

Frontrunning: August 14

  • Korea tensions ease slightly as U.S. officials play down war risks (Reuters)
  • Pence Plays Down Trump Threat on Venezuela (WSJ)
  • Trump Pressed to Reject White Nationalist Groups (WSJ)
  • Charlottesville, and the World, Take Stock of Violent Episode (NYT)
  • Car Attack Suspect Had Shown Troubling Behavior (NYT)

VIX Tumbles, S&P Futures, Global Stocks Rebound Sharply As Korea Fears Fade

Global stocks and S&P futures rebounded sharply on Monday as tensions over an imminent conflict with Pyongyang receded after U.S. officials played down the likelihood of a nuclear conflict with North Korea, recovering from fears of a U.S.-North Korea nuclear standoff drove them to the biggest weekly losses of 2017, while the dollar too rose off four-month lows it had hit against the yen.

Europe: Burkini War Continues

Those in favor of the burkini argue that women should be allowed to wear whatever they choose. Critics of the garment say it is an Islamic religious and political symbol which impedes integration and is incompatible with the liberal principles of secularism and gender equality. In recent months, the debate has added another dimension: public health and hygiene.