Market Talk – November 22, 2024
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 257.68 points or 0.68% to 38,283.85 • Shanghai decreased 103.21 points or -3.06% to 3,267.19 [...]
Over 17,000 asylum seekers in Germany have filed lawsuits, clogging the courts, that are aimed at getting their families to join them in Germany. This is the same strategy that people were screaming about in the United States where families would first send their children to the States and then seek to be reunited. Under the Geneva Convention, refugees (at least the ones from Syria) are now believed to be legally in a position where the courts must grant them relief. That means the state will have to provide full benefits that amount to healthcare and pay as if they were working. This is not going to go down well with the German people.