from Leila Abboud:

Edenred shares hit by CEO’s surprise resignation

May 18, 2015

PARIS, May 18 (Reuters) - The surprise resignation of the
man widely credited for turning France's Edenred into
a world leader in prepaid cards and meal vouchers prompted a
near-3 percent fall in the company's share price on Monday.

from Hugo Dixon:

EU reform is more than renegotiation

By Hugo Dixon
May 18, 2015

Reforming the European Union involves more than renegotiating the UK’s relationship with it. That may sound like a statement of the obvious. But in the British debate over staying in the EU the two have virtually become equivalent, largely because David Cameron, the newly re-elected prime minister, has promised to renegotiate Britain’s relationship with the EU before holding a referendum on continued membership.

from Breakingviews:

China’s lodestar is not reform but avoiding chaos

May 18, 2015

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from MacroScope:

ECB sees inflation back by year-end

By Mike Peacock
May 18, 2015

Mersch, Member of the Executive Board of the European Central Bank presents an oversized newly unveiled 10 euro note at the headquarters of the European Central Bank (ECB) in Frankfurt

An interesting weekend intervention by ECB policymaker Yves Mersch who said there was no question of winding up QE early and that inflation, still skulking around zero, would stay there until autumn then rise sharply late in the year towards 1.5 percent.

from The Great Debate:

Like nails on a chalkboard: How hard-fought labor reforms have been lost

By Terry Golway
May 18, 2015

nail_polish_image

Credit: Creative Commons

After the New York Times ran a searing two-part investigation into the exploitation and job-related health problems of the state’s nail-salon workers earlier this month, New York Governor Andrew Cuomo ordered emergency measures to protect them and appointed a special review panel to recommend long-term reforms. The Times series painted a portrait of an immigrant workforce laboring in dangerous conditions and for pitiful wages -- in some cases paying salon owners for the opportunity to make $10, or less, a day.

from FaithWorld:

Turkey names veteran Islamic banker as top financial regulator

By Reuters Staff
May 17, 2015

(Supporters of the Gulen movement read the Koran as they gather in front of the Bank Asya headquarters in Istanbul February 4, 2015. Turkey has taken control of Bank Asya, the Islamic lender caught up in a feud between President Tayyip Erdogan and his ally-turned-foe, U.S.-based Muslim cleric Fethullah Gulen. The action by Turkey's banking regulatory authorities follows a run on deposits at Bank Asya last year when the lender became embroiled in the power struggle between Erdogan and Gulen, whose followers had set up the bank. REUTERS/Murad Sezer)

(Supporters of the Gulen movement read the Koran as they gather in front of the Bank Asya headquarters in Istanbul February 4, 2015. Turkey has taken control of Bank Asya, the Islamic lender caught up in a feud between President Tayyip Erdogan and his ally-turned-foe, U.S.-based Muslim cleric Fethullah Gulen. REUTERS/Murad Sezer)

from FaithWorld:

Irish PM Kenny says country must seize opportunity to approve gay marriage

May 17, 2015

(Ireland's Prime Minister Enda Kenny wears a shamrocks on his lapel as he meets U.S. President Barack Obama in the Oval Office during a St. Patrick's Day visit to the White House in Washington March 17, 2015. REUTERS/Jonathan Ernst)

(Ireland's Prime Minister Enda Kenny wears a shamrocks on his lapel as he meets U.S. President Barack Obama in the Oval Office during a St. Patrick's Day visit to the White House in Washington March 17, 2015. REUTERS/Jonathan Ernst)

from The Great Debate:

Why this Ukrainian ‘revolution’ may be doomed, too

By Lucian Kim
May 17, 2015

U.S. serviceman trains Ukrainian soldiers during joint military exercise in Yavoriv

A serviceman of the U.S. Army's 173rd Airborne Brigade Combat Team (R) trains Ukrainian soldiers during a joint military exercise called "Fearless Guardian 2015" outside Lviv, Ukraine, May 12, 2015. REUTERS/Oleksandr Klymenko