Japanese yields go negative and German production drops again
German Chancellor Angela Merkel and Turkish Prime Minister Ahmet Davutoglu met in Ankara on Tuesday and announced plans for NATO to potentially intervene in the ongoing refugee crisis. And in Japan, 10-year government bond yields went negative, following the Central Bank’s introduction of negative rates and a drastic drop in the stock market. Ameera Davis has all the details.
Edward Harrison then joins us from Berlin to discuss the latest market troubles, plus new figures showing that German industrial production fell for a second month in a row. Afterwards, Bianca Facchinei reports from Amsterdam on how the Netherlands is reacting to the massive inflow of Middle Eastern refugees.
After the break, Andrea Terzi, a professor of economics at Franklin University in Switzerland, discusses the political cohesion of the European Union as it strains under the pressure of refugees and economic stagnation. And finally, in The Big Deal, RT’s Manuel Rapalo sits down with Ameera to talk about India’s decision to not let Facebook offer free internet service in the massive country because it supposedly violates net neutrality principles.
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