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GEOPOLITICAL RISK + GLOBAL MARKETS

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GLOBAL RISK

Europe’s Attackers From Within Catalonia's illegal bid for independence, like the United Kingdom's ill-fated Brexit referendum, amounts to a historical absurdity. -Project Syndicate

EUROPE RISK

Reversing Brexit would boost economy, says OECD -BBC

EU shrugs at UK’s Brexit diplomatic offensive The EU27 will not allow Brexit negotiations to progress until the UK makes more concessions. -Politico.eu

Opinion: EU should learn from the Catalan crisis Spanish Prime Minister Mariano Rajoy has the upper hand so far in Catalonia's bid for independence. But Europe should learn a lesson from the crisis and try to avoid such local blazes in the future -DW

Austria’s Rightward Lurch Is Europe’s New Normal -NYT

Greek PM meets Donald Trump amid growing US tensions with Turkey Alexis Tsipras tipped to emphasise Greece’s geopolitical role during Washington visit that has caught many by surprise -The Guardian

In Czech Election, a New Threat to European Unity -NYT

RUSSIA RISK

Russia swaps out regional governors ahead of presidential election Many regional governors in Russia have recently been fired. Is the Kremlin trying to address urgent issues around the country? Or, is this merely a strategy for the next presidential election? -Reuters

MIDDLE EAST RISK

Poland supports Turkey’s EU bid, says President Duda ‘If you want to accept us in the Union, just say that. If you don’t want us, say that too,’ Erdoğan tells the EU. -Politico.eu

Hundreds of Turkish officials seek asylum in Germany: report Some 600 senior-ranked Turkish officials have sought asylum in Germany since last year’s coup attempt in Turkey, according to a Berlin newspaper. The number highlights the growing uncertainty in the country. -DW

The Iran Nuclear Deal Is Bad – and Necessary -Project Syndicate

AFRICA RISK

Can Nigeria and Cameroon learn any lessons from Catalonia? The crisis in Spain's Catalonia region is being closely watched in Nigeria and Cameroon, where secessionist movements have been stepping up campaigns for independence -BBC

Mogadishu atrocity may provoke deeper US involvement in Somalia President Trump had already approved use of US troops in Somalia before hundreds died in truck bomb blamed on al-Shabaab -The Guardian

EMEA || GLOBAL MARKETS IMPACT + OPPORTUNITY

GLOBAL BUSINESS

In Europe’s digital race, the winner is the United States Silicon Valley beckons, but EU’s tech investors might want to look closer to home. -Politico.eu

UK spies using social media data for mass surveillance -TechCrunch

SEC charges Rio Tinto, former top executives with fraud -Reuters

Shell Executives Charged in Italy Over Nigeria's Malabu Oil Deal -allAfrica

UK aims to tighten takeover rules The British government has unveiled proposals that would allow it to have a greater say in future mergers and acquisitions which spark security concerns. But London pledged the UK would remain committed to free trade. -DW

Uber files appeal against London license loss -TechCrunch

“While we have today filed our appeal so that Londoners can continue using our app, we hope to continue having constructive discussions with Transport for London”

Airbus strikes deal with Canada's Bombardier amid US trade dispute -France24

Microsoft’s Windows 10 breaches privacy law, says Dutch DPA -TechCrunch

Doing business with Iran: no easy choice Many foreign firms have decided to strengthen business ties with Iran after the easing of sanctions on Tehran. But the US president's announcement to decertify the 2015 nuclear deal may get them into trouble. -DW

GLOBAL MACRO

Authoritarian Cryptocurrencies Are Coming Russia and China see a new way to completely control their financial systems. -Bloomberg View

UK watchdog tells EU not to disrupt funds industry The long-established practice of funds in one country being run by managers based in another works well and no changes are needed, Britain’s top markets regulator said on Tuesday in a swipe at European Union plans that have also been criticized by the sector. -Reuters

Exclusive: China offers to buy 5 percent of Saudi Aramco directly China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world’s biggest oil producer on the stock market. -Reuters

This Map Shows Why Oil Can Weather Iraq's Kirkuk Campaign Oil production from northern Iraq has fallen victim to the deepening conflict between the Baghdad government and the Kurdish Regional Government in Erbil. Around 275,000 barrels a day of output has been halted and exports have slipped by 90,000 barrels a day. -Bloomberg