Migrant trains reach Germany as EU asylum system creaks

VIENNA/MUNICH (Reuters) - Trainloads of migrants arrived in Austria and Germany from Hungary on Monday as European Union asylum rules collapsed under the strain of a wave of migration unprecedented in the EU.

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Thailand arrests second foreign suspect in Bangkok blast probe

BANGKOK (Reuters) - Police hunting those responsible for Thailand's deadliest bombing arrested a second foreign suspect on Tuesday, Prime Minister Prayuth Chan-ocha said.

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South Africa: 400 Jobs in Balance As Arcelormittal Reviews Operations

[News24Wire] ArcelorMittal SA announced on Monday that it would begin consultations on the potential closure of its Vanderbijlpark and Vereeniging works.

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Niger: ‘Boko Haram Fighters On Horseback’ Kill Villagers

[Al Jazeera] Suspected Boko Haram gunmen on horseback have shot dead nearly 80 people in attacks on three villages in Nigeria's restive northeast at the weekend, a vigilante and residents have said.

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Cyclones in the Persian Gulf?! New climate study says it could happen.

Research suggests that the shallow, warm waters of the Persian Gulf may soon see tropical cyclones, a side effect of climate change.

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Thailand: Main suspect arrested over deadly shrine bomb

Thai prime minister says foreign man was arrested at checkpoint on Cambodian border in connection with Bangkok attack.

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Lagarde warns of Chinese slowdown as markets slide again – live updates

Investors are unnerved by fresh surveys showing China’s manufacturing sector shrank in August, while Europe’s growth slowed

The head of the International Monetary Fund, Christine Lagarde, has warned emerging nations to brace themselves for the impact of China’s economic slowdown.

Speaking in Indonesia today, Lagarde said the global economy was weaker than the IMF had hoped. And the recent spike in “global risk aversion and financial market volatility” could hurt growth in Asia.

As the Chinese economy is adjusting to a new growth model, growth is slowing—but not sharply, and not unexpectedly. The transition to a more market-based economy and the unwinding of risks built up in recent years is complex and could well be somewhat bumpy. That said, the authorities have the policy tools and financial buffers to manage this transition.

Other emerging economies, including Indonesia, need to be vigilant to handle potential spillovers from China’s slowdown and tightening of global financial conditions.

IMF's Lagarde says other EM economies need to be vigilant for spillovers from China's slowdown & tighter global fincl conditions @Reuters

There is yet a third shift—unfolding in advanced economies. There are signs that the recovery is firming up in the United States, advancing the prospects of interest rate lift off. This could pose a risk for emerging economies, including Indonesia, in the form of weaker capital flows, higher interest rates, and financial volatility.

Indonesia’s youth are vital for renewing growth momentum; they are the next change agents http://t.co/e5lu9f7PGn pic.twitter.com/UOT2ZRSMVZ

Connor Campbell of SpreadEX confirms that the problems in China’s factories have pushed European shares down this morning:

After that awful August things haven’t gotten off to the greatest start this September, with further disappointing data from China immediately creating drag for the European indices.

Weak manufacturing and services PMIs from both the official figures and the Caixin surveys shows the Chinese slowdown is showing no signs of, well, slowing down.

Continue reading...

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Iran bars Daniel Barenboim

Famed composer had planned to lead Berlin orchestra performance in Tehran but has been stopped from entering country due to his Israeli citizenship

Iran has barred famed conductor Daniel Barenboim from entering the country because of his Israeli citizenship, thwarting his plan to lead a performance in Tehran, media have reported.

Barenboim, the 72-year-old general music director of the Berlin State Opera House, said on Thursday he was in talks with Iran about a concert, in what would have been a major example of cultural diplomacy.

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Transfer deadline day: Berahino, De Gea and more – live!

I’m still talking about net spend.

Just remember, talk about net spend https://t.co/1x0J6D7PuF

Is “inflation adjusted” the new “net spend”, fella? Rory McGee tells us that it is:

“Can we have a moratorium on the term inflation adjusted? It’s the new net spend and about as informative. It’s obvious that football prices have risen at a faster rate than standard prices. Adjusting them with CPI or RPI is clearly stupid. It might matter for a discussion about the largesse in football or the sickening amount of money, but when we weigh up transfers it ignores something key. There is effectively a limited supply of footballers and football clubs, for whom the outside value of the money doesn’t matter as much. When you buy your ‘NextBigThingTM’ thanks to the generous backing of ‘SugarDaddyOwner’ or ‘FansOverpayingForTV’ it only really matters who else you could have bought for that money, i.e. the price of ‘OverTheHill’.”

Continue reading...

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Nicholas Hoult to play JD Salinger in new biopic

Rebel in the Rye is set to explore the birth of the reclusive writer’s best-known work

Nicholas Hoult is to play JD Salinger in a new biopic which will tell the story of the creation of the reclusive author’s classic novel of teenage disaffection, Catcher in the Rye, according to the Hollywood Reporter.

Rebel in the Rye will be based on Kenneth Slawenski’s biography JD Salinger: A Life, which explores the writer’s life prior to the publication in 1951 of his most famous work. Danny Strong, co-creator of the hit television show Empire, has adapted the screenplay from Slawenski’s book, and will also direct.

Continue reading...

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