FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

posted on 06 November 2015

Early Headlines: Global Markets Quiet, Hypersonic Air Travel, US Circumlocution Dept, Are Munis Safe?, 3 M European Migrants, Chem Weapons In Syria, Friendly South China Sea Encounter And More

Written by Econintersect

Early Bird Headlines 06 November 2015

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.



  • Asia shares falter as markets await U.S. jobs data (Reuters) Asian shares slipped on Friday as investors braced for U.S. employment data that is expected to bolster the case for a Federal Reserve interest rate increase as early as next month. European stocks were set to be little changed on the open, with financial spreadbetters expecting Britain's FTSE 100 .FTSE to start the day flat to 0.2% higher, Germany's DAX .GDAXI to see a possible fall or gain of 0.1%, and France's CAC 40 .FCHI to open flat to slightly weaker.

  • Hypersonic rocket engine could 'revolutionize' air travel (CNN) British aerospace giant BAE Systems is betting big on hypersonic travel -- something its potential new partner says could be a reality within two decades. BAE is planning to invest £20.6 million ($31.8 million) in a 20% stake of Reaction Engines, a UK-based engineering firm which has developed what it calls "breakthrough" aerospace engine technology, which could potentially be used for a new generation of reusable space vehicles and, as a commercial offshoot, could revolutionize air travel. Point-to-point flight between locations on earth can be made at up to 5 times the speed of sound (that would be about 3,800 mph). The same engine could attain speeds up to 19,000 mph or more in space flight.


  • New York investigating Exxon over climate change statements (Al Jazeera) Attorney general launches probe into allegations that gas company deliberately misled public about climate risks associated with fossil fuels.

  • Christie, Huckabee relegated to undercard at next GOP debate (Associated Press) Sponsor of next week's Republican debate have reduced the "main event" to 8 candidates and the "under card" to just four (New Jersy Governor Christie, former Arkansas Governor Mike Huckabee, former Pennsylvania Sen. Rick Santorum and Louisiana Gov. Bobby Jindal). Two other candidates have been kicked out of the arena altogether: South Carolina Senator Lindsey Graham and former New York Governor George Pataki.

  • Red Tape Slows U.S. Help for Children Fleeing Central America (The New York Times, MSN News) President Obama vowed a year ago to give Central American children fleeing violence a new, legal way into the United States by allowing them to apply for refugee status while in their own countries instead of accepting help from smugglers or resorting to a dangerous trek across Mexico. This year more than 5,400 children have applied for refugee status, many trying to escape street gangs, extortion and sexual assault in El Salvador. Most have applied to join their parents who are already in the U.S. legally. Only 90 have been interviewed by Homeland Security and exactly 0, nada, none have actually been admitted to the U.S. Econintersect: Charles Dickens, where are you? We have another Circumlocution Department.

  • How Safe Are Municipal Bonds From A Fed Interest Rate Hike? (Robert Kane, Seeking Alpha) RK has contributed to GEI. Robert Kane explains why historically municipal bonds have avoided the significant losses suffered by other bonds in a rising interest rate environment and why that is likely to be the case again this time around.


  • Migrant crisis: Three million expected to reach EU by 2017 (BBC News) Three million migrants are likely to arrive in Europe by 2017 as the record influx via the Mediterranean continues, the European Commission says. The EU's executive arm said the influx would have a "small but positive" effect on EU economic output, raising GDP by 0.2-0.3%. The influx will raise the EU population by 0.4%, the Commission forecasts, taking account of failed asylum claims.


  • Sterling falls off a cliff as Bank of England keeps interest rate hike at bay (City A.M.) Mark Carney's Bank of England pushed sterling off a cliff yesterday by suggesting that interest rates could stay anchored to their historic low until 2017. Having said earlier in the year that a rate hike could come towards the end of 2015 or start of 2016, the Bank's governor appears to be diverging from the position of US Federal Reserve boss Janet Yellen.


  • Migrant crisis: Germany to speed up asylum process (BBC News) Germany has unveiled plans to speed up the asylum process, after the governing coalition resolved a rift on the issue. Chancellor Angela Merkel said they would create up to five special centres for asylum-seekers deemed to have little chance of staying. Mrs Merkel's Christian Democrats and junior coalition partners the Social Democrats have quarreled for weeks over the issue. Germany says it expects to receive at least 800,000 asylum seekers this year.


  • Russian plane 'had bomb in hold' (BBC News) UK investigators looking at what caused a Russian airliner to crash in Egypt believe a bomb was put in the hold prior to take-off, the BBC has learned. The UK government suspended all flights to and from the Egyptian resort of Sharm el-Sheikh two days ago. The move came after it decided the incident was likely to be have been caused by terrorism. It had received intelligence based on intercepted communications between militants in the Sinai Peninsula.


  • Exclusive: Chemical weapons used by rebels in Syria - sources (Reuters) Chemical weapons experts have determined that mustard gas was used in a Syrian town where Islamic State insurgents were battling another rebel group, according to a report by an international watchdog seen by Reuters. The report said "with the utmost confidence that at least two people were exposed to sulfur mustard" and "[i]t is very likely that the effects of sulfur mustard resulted in the death of a baby."


>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

You can also comment using Facebook directly using he comment block below.

Econintersect Contributors


Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Take a look at what is going on inside of
Main Home
Analysis Blog
Comments on Feyerabend’s ‘Against Method’, Part III
Taking a Wrench to Healthcare
News Blog
Baby Remarkably Survives Being Born With Heart Beating Outside Her Chest
October 2016 Conference Board Consumer Confidence Declines
Richmond Fed Manufacturing Survey Remains In Contraction In October 2016.
October 2016 Chemical Activity Barometer Continues to Signal Improving Economic Growth
Case-Shiller Home Price Index August 2016 Year-over-Year Rate of Growth Marginally Improves
Russia Falls Into Old Habits
Infographic Of The Day: Commodity Update, Is The Summer Slump Over
Early Headlines: Asia Stocks Mixed, Oil Mixed, Voting Fraud, Pres. Forecast Little Changed, CETA Not Dead, Generous Iraqis, Terrorists In Pakistan, Duterte Wants Divorce From US And More
October 24, 2016 Weather and Climate Report - La Nina / El Nino?
Most Read Articles Last Week Ending 22 October
Londoners Most Uneasy About Chatting To Strangers
Average Gasoline Prices for Week Ending 24 October 2016 Now Higher Than One Year Ago
Earnings And Economic Reports: Week Starting 24 October 2016
Investing Blog
Slow Motion Torture
The Week Ahead: How Long For This Trading Range?
Opinion Blog
What Triggers Collapse?
The Beer Goggles Stock Market
Precious Metals Blog
Preparing For Post-Election Social Unrest
Live Markets
25Oct2016 Market Update: Consumer Confidence Falls Below 100, WTI Crude Falls To 49, US Dollar Falls From 99 And Gold Rises To 1274
Amazon Books & More

.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government

Crowdfunding ....



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved