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Tens and thousands of refugees from war in Middle East, Africa and parts of Asia such as Afghanistan are piling up on European shores, hoping for the better days. Flow of refugee is so great that European migrant crisis is taking shape to be a much larger crisis than originally thought. In spite of not being an economic crisis, it threatens to break the back bone of European unity, so we strongly feel it demands greater attention. Hence this series is dedicated to Europe’s new challenge – the refugees.

Migrant Crisis Series

Libya is not Turkey: why the EU plan to stop Mediterranean migration is a human rights concern

Feb 16, 2017 00:36 am UTC| Insights & Views

EU leaders have agreed to a plan that will provide Libyas UN-backed government 200 million for dealing with migration. This includes an increase in funding for the Libyan coastguard, with an overall aim to stop migrant...

Migrant Crisis Series

Venice's long history as a sanctuary city for migrants is under threat

Feb 10, 2017 09:04 am UTC| Insights & Views

In an incident that profoundly shocked the city of Venice, and Europe more broadly, a young Gambian asylum seeker was left to drown in a canal late January, as onlookers stood by. His tragic death highlights the...

Migrant Crisis Series

Immigration is theme of 2017 elections in Europe

Feb 10, 2017 08:00 am UTC| Commentary

We at FxWirePro feel that immigration is going to be the most important issue for the voters in the election of 2017. This year three elections are scheduled in Europe; Netherlands (March), France (April-May), and Germany...

Migrant Crisis Series

More pathways for migrants to Europe can foil people smugglers – border clampdowns will not

Feb 03, 2017 16:39 pm UTC| Insights & Views

The ongoing migration and refugee crisis tops the agenda at a meeting of EU political leaders in the Maltese capital, Valletta. Maltas prime minister, Joseph Muscat, captured the urgency of the situation when he told the...

Migrant Crisis Series

If the EU wants to be the bastion of liberal democracy, it must stop demonising refugees and migrants, too

Feb 02, 2017 13:56 pm UTC| Insights & Views

European Union officials have not been shy to express condemnation of US President Donald Trumps permanent ban on Syrian refugees, and temporary ban on all other refugees. Rightly so. The vice president of the EU...

Migrant Crisis Series

Immigration and crime: What does the research say?

Feb 02, 2017 04:25 am UTC| Insights & Views Law

Editors note: In his first week in office, President Donald Trump showed he intends to follow through on his immigration promises. A major focus of his campaign was on removing immigrants who, he said, were increasing...

Migrant Crisis Series

Trump's order barring refugees flies in the face of logic and humanity

Jan 29, 2017 23:21 pm UTC| Law

With an irony that hasnt gone unnoticed, US President Donald Trump signed his executive order Protecting the Nation from Foreign Terrorist Entry into the US on January 27, Holocaust Memorial Day. The orders instructions...

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Economy

FxWirePro: Option power pack for EUR/AUD as Eurozone election hedge - 3-way straddle as positively skewed 2w IV signifies OTM call writing

A glimpse on fundamentals: German IP plunged, likely due to holiday distortions. German VDA car production data already point to a big rebound in January. German election thrown open by thechange in SPD...

U.K. retail sales unexpectedly slip in Jan, show first signs of fall in underlying trend since Dec 2013

Data from the Office for National Statistics (ONS), showed on Friday that U.K. retail sales volumes unexpectedly dropped by 0.3 percent compared with the previous month, widely missing analysts expectations for a 0.9...

FxWirePro: The Day Ahead- 17th February 2017

Not many economic dockets scheduled for today and all with low to medium volatility risks associated. Upcoming: Eurozone: December current account balance will be reported at 9:00 GMT, construction output numbers...

Australia's labour market report suggests plenty of spare capacity, RBA to remain on hold for an extended period

Australias January labour market report released earlier today was broadly in line with expectations. Data released by the national statistics bureau showed seasonally adjusted overall employment rose by 13,500 to...

EUR/CZK likely to dip towards 25.00 this H2, says Commerzbank

The EUR/CZK currency pair is expected to dip towards a level of 25.00 in the coming months, especially in the second half of this year. Further, Czech headline inflation is likely to overshoot the central banks 2 percent...

Politics

US under Trump Series: Learn honesty from Berkshire Hathaway’s Charlie Munger

Data from Edelman Trust Barometer of 2017 shows that the public trusts in the news media in the United States have declined to the lowest level ever. Only 32 percent of the American Public trusts the news media, which is...

What a philosopher and the Thirty Years War tell us about Donald Trump

Michel Foucault, who died more than 30 years ago, has something to tell us about Donald Trump. The French philosopher once delivered a famous lecture which sought to explain why the people of Europe had done away with the...

How will native tribes fight the Dakota Access Pipeline in court?

On Feb. 8 the U.S. Army Corps of Engineers reversed course and issued an easement allowing the installation of the Dakota Access Pipeline under Lake Oahe in North Dakota. That decision followed a presidential memorandum...

America's always had black inventors – even when the patent system explicitly excluded them

America has long been the land of innovation. More than 13,000 years ago, the Clovis people created what many call the first American invention a stone tool used primarily to hunt large game. This spirit of American...

Why America needs Marvel superhero Kamala Khan now more than ever

During the first few weeks of the Trump administration, weve seen increased pressure on Muslim and immigrant communities in the United States. In the face of these threats, which Marvel superhero might be best equipped...

Science

We need to think about redefining citizenship in the Anthropocene

The hottest year on record was 2016. It was also the year scientists advised that Earths citizens were now living in the Anthropocene, the name proposed for an epoch in which humans influence geology and environment on a...

Lab-Grown, Pork-Free Bacon For Everyone!

Bacon is one of the most popular foods among Americans, but climate change has increased the chance of a bacon shortage. With this being the case, perhaps lab-grown bacon will finally get the chance to muscle into porks...

How far they'll go: Moana shows the power of Polynesian celestial navigation

This article contains minor spoilers. One of the greatest feats of human migration in history was the colonisation of the vast Pacific Ocean by Polynesian peoples. They achieved it thanks to their sophisticated...

Immunity During Pregnancy Determined By Baby’s Sex, Study States

The immune system of pregnant women fluctuate throughout the course of the nine months carrying the child or children, this is an established fact. However, the sex of the baby as the factor has always been more of...

SpaceX To Send Super Bacteria Into Space On Valentine’s Day

Elon Musks rocket company SpaceX is slated to send a rocket up into space on February 14th carrying a very special payload. With the alarming rate of growth of drug-resistant superbugs on Earth, scientists now want to send...

Technology

Even Dolls Pose Hacking Risk Now, Germany Bans Toy Over Espionage Concerns

Hacking is a serious problem in the modern world, with social media accounts, web hosting companies, and even Presidential elections becoming targets. Now, it has started spilling over to childrens toys. Germany recently...

Nintendo Switch Unboxing Reveals First Look At Menu System

A new unboxing video for the Nintendo Switch was taken by a fan who received the gaming console a couple of weeks earlier. Den of Geek reports that gaming enthusiast hiphoptherobot filmed and uploaded an unboxing video...

Mark Zuckerberg Warns About Isolationism In 5,700 Word Manifesto That Adds Up To Nothing

Facebook Founder Mark Zuckerberg just posted a letter thats addressed to pretty much everyone. Containing over 5,700 words, the social media figure talked about a variety of subjects, including the rising sympathy towards...

EPA Used Encrypted App To Fight Trump Administration, Republicans Demand Investigation

Since assuming the mantle of the Presidency, Donald Trump and his administration have been waging war against the science division of the government. The Environmental Protection Agency has been one of the worst affected,...

Election Russian Hackers Are Now Targeting iPhone And Mac Users

After interfering with the most recent US Presidential elections that led to Donald Trump winning the race, the same Russian hackers now appear to be targeting the iPhone and Mac details of Americans. The group apparently...
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February 20 07:00 UTC Released

TRConsumer Confidence*

Actual

65.7 %

Forecast

Previous

66.90 %

February 20 07:00 UTC Released

DEProducer Prices YY

Actual

2.4 %

Forecast

2.0 %

Previous

1.0 %

February 20 11:00 UTC 1111m

GBCBI Trends - Orders

Actual

Forecast

3 bln EUR

Previous

5 bln EUR

February 20 13:00 UTC 131131m

CAUnemployment Rate*

Actual

Forecast

5.4 %

Previous

5.3 %

February 20 13:30 UTC 161161m

CAUnemployment Rate*

Actual

Forecast

Previous

0.2 %

February 20 13:30 UTC 161161m

TRCentral Govt Debt Stock*

Actual

Forecast

Previous

0.2 bln TRY

February 20 13:30 UTC 161161m

EZWholesale Trade MM

Actual

Forecast

Previous

0.2 %

February 20 14:30 UTC 221221m

EZWholesale Trade MM

Actual

Forecast

Previous

759.6 %

February 20 14:30 UTC 221221m

JPCentral Govt Debt Stock*

Actual

Forecast

Previous

759.6 bln TRY

February 20 14:30 UTC 221221m

TRCentral Govt Debt Stock*

Actual

Forecast

Previous

759.6 bln TRY

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