Romania

EU Sues Poland, Hungary And Czech Republic For Refusing To Accept Refugees

The European Commission has launched a legal case against Poland, Hungary and the Czech Republic, for refusing to take in asylum seekers, escalating a bitter feud within the 28-nation bloc about how to deal with the Pandora's box opened up Angela Merkel's 2015 "Open Door" policy, which has since slammed shut.

Watch Live: Trump's First Post-Comey Press Conference

While we are sure the world is waiting with bated breath to hear about US-Romania relations, we suspect their joint-press conference will be slightly more focused on the fallout from yesterday's Comey testimony and Trump administration reaction...

A Voice Of Reason Speaks Regarding "The New Cold War"

In 2017, being a voice of reason is a revolutionary act. "My view is that this Cold War is even more dangerous. As we talk today, and this was not the case in the preceding Cold War, there are three new fronts that are fraught with hot war. "

40% Of Spanish Children Live In Poverty

Despite a resurging stock market and stabilized bond risk premia (cough Draghi cough), EurActiv reports the proportion of children living below the poverty line in Spain has increased by 9 percentage points between 2008 and 2014, to reach almost 40%.

Key Events In The Coming Busy Week: Payrolls; FOMC Minutes; Trump Meets Xi

The key economic releases in the US this week are ISM manufacturing on Monday, ISM non-manufacturing on Wednesday, and the employment report on Friday. The minutes of the March FOMC meeting will be released on Wednesday, while several Fed officials are scheduled to speak this week. The meeting between Trump and Xi set for Thursday and Friday at Mar-A-Lago will likely attract significant attention.