Syria transition continues peacefully and wildfire in CA.
Andrew Sheves Good morning.
The Syrian opposition continues to establish control of the government in coordination with members of the Assad regime, continuing the surprisingly orderly and measured takeover of power. Isreal is continuing to destroy military installations across the country, reportedly hitting almost 500 sites in the last 48 hours. [SOURCE - AL Jazeera]
A significant wildfire, named the Franklin Fire, continues to burn in Malibu County CA, a major suburb of Los Angeles. The suburb is popular with celebrities, and many well-known figures are among those being forced to evacuate. [SOURCE - BBC] [SOURCE - CalFire map]
Commodity and Rate Snapshot
🛢️** Crude Futures (WTI)**
$69.20
💵 **USD:EUR **
$1.050*(Price of 1EUR in USD)*
₿ Bitcoin
$98,248
As at Dec 11, 06:00ET -Data is illustrative, not for decision-making.
Financial data via Bloomberg, Freightos and AlphaVantage
Europe Stability Ratings and News Summary
More Unstable
🇦🇱 Albania, 🇧🇾 Belarus, 🇧🇦 Bosnia And Herzegovina, 🇨🇾 Cyprus, 🇫🇷 France, 🇩🇪 Germany, 🇭🇺 Hungary, 🇮🇪 Ireland, 🇮🇹 Italy, 🇱🇻 Latvia, 🇲🇰 Macedonia, 🇲🇹 Malta, 🇲🇩 Moldova, 🇲🇪 Montenegro, 🇳🇱 Netherlands, 🇵🇱 Poland, 🇷🇴 Romania, 🇷🇺 Russia, 🇷🇸 Serbia, 🇸🇰 Slovakia, 🇪🇸 Spain, 🇸🇪 Sweden, 🇹🇷 Turkey, 🇺🇦 Ukraine
More Stable
No countries were more stable over this period
Unchanged
🇦🇩 Andorra, 🇦🇹 Austria, 🇧🇪 Belgium, 🇭🇷 Croatia, 🇨🇿 Czech Republic, 🇩🇰 Denmark, 🇪🇪 Estonia, 🇫🇮 Finland, 🇬🇷 Greece, 🇮🇸 Iceland, 🇱🇮 Liechtenstein, 🇱🇹 Lithuania, 🇱🇺 Luxembourg, 🇲🇨 Monaco, 🇳🇴 Norway, 🇵🇹 Portugal, 🇸🇲 San Marino, 🇸🇮 Slovenia, 🇨🇭 Switzerland, 🇬🇧 United Kingdom
European News Summary
Switzerland’s economic outlook has been mixed, as the country grapples with a decline in foreign reserves for the second consecutive month, attributed to the strength of the US dollar. This trend raises concerns about potential impacts on currency exchange and trade policies [SOURCE - Yonhap News Agency]. However, there are signs of resilience in the Swiss financial sector, highlighted by the successful Hong Kong-Switzerland Financial Dialogue aimed at strengthening economic ties, and a notable recovery in Watches of Switzerland’s stock [SOURCE - Hong Kong Government Information Centre].
Meanwhile, France is engulfed in a political crisis following the collapse of Prime Minister Michel Barnier’s government after a no-confidence vote. This political turmoil has raised concerns about the stability of President Emmanuel Macron’s administration and its ability to address pressing socio-economic issues, including strikes and protests that have plagued the country [[SOURCE - NDTV]](https://www.ndtv.com/world-news/explai
Carpe tomorrow!