EMEA WEDNESDAYS

GEOPOLITICAL RISK+GLOBAL MARKETS

EMEA | GEOPOLITICAL RISK

ELECTION SUNDAY Italian election’s biggest winner is Europe Italians are angry at Brussels, but for doing too little, not too much. -Politico.eu

Berlusconi Says He Is ‘Available’ to Be Prime Minister Next Year -Bloomberg

Angela Merkel's CDU approves grand coalition deal The chancellor's conservative party has given a green light to forming a new government with the Social Democrats. But despite the harmonious front, the internal tensions in the party are impossible to ignore. -DW

RISING SUN? Ex-colonies to UK: Forget Brexit ‘Empire 2.0’ Commonwealth leaders intend to hold to the guiding principle of equality among the members of the 53-nation club -Politico.eu

Boris Johnson: Irish border row being exploited to stop Brexit -BBC

Egyptian singer jailed for insulting the Nile An Egyptian pop singer has been sentenced to prison for suggesting that drinking from the Nile leads to a parasitic illness. It's the latest case against artists in the country. -DW

EMEA | MARKETS IMPACT+OPPORTUNITY

GLOBAL BUSINESS

German court allows city ban on diesel cars Germany's top administrative court has ruled that it is legal for cities to ban diesel cars. The government opposes the bans, but is under pressure from the EU to do more to combat air pollution. -DW

Are Driving Bans Coming for German Cities? A court ruling could ban millions of diesel cars from German city centers, rendering the vehicles worthless. The federal government has considered responding with free public transportation and by forcing car manufacturers to submit to new requirements. -Der Spiegel

For Merkel, Some China Investments Are More Welcome Than Others -Bloomberg

BETTER WITH WINE Disney plans €2bn expansion at Disneyland Paris Disney boss Robert Iger announced the plans after meeting with French president Emmanuel Macron. Disney said the development would be rolled out over several years, starting in 2021. -BBC

Air France strike to affect half of long-haul flights -France24

Tech giants face new UK tax clampdown -BBC

Premier League Should Give Amazon an Open Goal A cut-price offer for rights to air the remaining matches on offer could kick up prices for future broadcast bids. -Bloomberg Gadfly

KYC Danske Investors Balk at Putin Ties as Laundering Case Deepens Danske lost as much as 10 billion kroner ($1.6 billion) in value on Tuesday after the Berlingske newspaper said Putin’s cousin and members of Russia’s security service may have used the bank’s branch in Tallinn to launder money. -Bloomberg

Why Build Kenya’s First Coal Plant? Hint: Think China Across a narrow channel from this historic port town, where baobabs tower over the forest and tiny crabs skitter in and out of the mangroves, Kenya could soon get its first coal-fired power plant, courtesy of China. -NYT

GLOBAL MACRO

Slowing Euro-Area Inflation Helps Draghi Push Back Exit Talk A third month of slowing inflation in the euro-area has given European Central Bank President Mario Draghi ammunition to ward supporters of a faster stimulus exit a little while longer. -Bloomberg

LOVE THE LIRA Italy resigns itself to the euro but risks remain Rome’s EU partners will have to tread carefully to tamp down Euroskepticism. -Politico.eu

South African Wind Association Wants Delayed Energy Deals Signed The South African Wind Energy Association has asked the government to sign power purchase agreements to move ahead with approved projects that have been delayed for a third year. -Bloomberg