from MacroScope:

Decision day in Israel

By Mike Peacock
March 17, 2015

Combination picture of Isaac Herzog, co-leader of the centre-left Zionist Union party, and Israeli Prime Minister Benjamin Netanyahu

Israelis are going to the polls with the last opinion polls suggesting momentum had shifted to opposition Zionist Union after weeks of running neck-and-neck with Prime Minister Benjamin Netanyahu's Likud.

from MacroScope:

Merkel, seeking firm line with Russia, meets Poroshenko

By Mike Peacock
March 16, 2015

Ukraine's President Poroshenko addresses the commemoration for people killed in anti-government protests in 2014 in Kiev

German Chancellor Angela Merkel meets Ukrainian President Petro Poroshenko in Berlin.

from Morning Bid with David Gaffen:

Outpost in Ukraine

March 11, 2015

The International Monetary Fund will decide later today whether to approve a big package of bailouts for Ukraine - provided the country, struggling with a weak economy, a sharp decline in oil prices and a conflict with Russia, can figure out a way to get about $15 billion from its creditors. Ukraine would have to keep its debt-to-GDP low enough so that the IMF doesn't feel like it's sticking its neck out too far.

from MacroScope:

Talking Turkey

By Mike Peacock
March 11, 2015

Turkey's President Tayyip Erdogan arrives for a welcoming ceremony at the Presidential Palace in Ankara

Turkish Central Bank Governor Erdem Basci will brief President Tayyip Erdogan today about sharp falls in the lira of about 12 percent versus the dollar this year which have not been helped by Erdogan's criticism of monetary policy.

from Breakingviews:

Turkey’s central bank is in a very tough spot

By Edward Hadas
March 9, 2015

By Edward Hadas

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

from The Great Debate:

Why do European Muslim girls look to Islamic State for marriage material?

By Barbara F. Walter
March 4, 2015

Handout CCTV image shows British teenage girl Amira Abase walking through security at Gatwick airport before boarding a flight to Turkey


Left to right: Kadiza Sultana, Amira Abase, Shamima Begun. The British teenagers walk through security at Gatwick airport before boarding a flight to Turkey, Feb. 17, 2015. REUTERS/Metropolitan Police/Handout via Reuters

from MacroScope:

Turkish interest rate standoff

By Mike Peacock
March 3, 2015

Turkey's President Tayyip Erdogan gestures during a conference at the Foreign Affairs building  in Mexico City

Turkey’s central bank releases minutes of its last meeting at which it cut interest rates by a quarter point.

from MacroScope:

The Greek plan is in, breath bated

By Mike Peacock
February 24, 2015

Varoufakis arrives at a news conference after an extraordinary euro zone Finance Ministers meeting in Brussels

Greece sent an economic reform plan to its EU and IMF creditors overnight, according to an EU source, and euro zone finance ministers will this morning see the list which is a condition for extending the country's bailout programme by four months.

from MacroScope:

Greece – a deal to be done?

By Mike Peacock
February 3, 2015

Greek PM Tsipras attends a memorial ceremony at the Imprisoned Graves in Nicosia

Greek Prime Minister Alexis Tsipras will visit Rome for talks with Italy’s Matteo Renzi and will be met there by his finance minister, Yanis Varoufakis, who has already been to London and Paris to try the scope for a new debt deal for Greece and reassure investors that there won’t be a default.

from MacroScope:

Ripples from ECB even before it acts

By Mike Peacock
January 20, 2015

Draghi.jpg

The prospect of dramatic European Central Bank action – coupled with the deflationary threat posed by a plunge in the price of oil and the pain it inflicts on oil producing countries – is putting the financial system under growing stress.