"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 36 mins Dow Gains Despite Fed’s Rate Hike
  • 2 hours The Biggest Threat To Chinese Oil Futures
  • 3 hours Spending Bill Could Cause U.S. Debt To Soar To 99% Of GDP
  • 5 hours Precious Metals Slide Ahead Of Fed’s Interest Rate Decision
  • 6 hours China’s Soft Power Grab May Be Bad News For Emerging Economies
  • 22 hours The Secretive Wall Street Firm Betting On Bitcoin
  • 23 hours ‘Data Is King’: The Oil Industry’s Next Most Valuable Resource
  • 24 hours Google Invests $300 Million To Combat Fake News
  • 1 day Zuckerberg Dodges A Bullet As Facebook Loses Billions
  • 1 day Tesla Tumbles As Investors Lose Patience
  • 1 day Are Alt-Coins On The Verge Of A Break Out?
  • 1 day What Should Gold Investors Expect From The New Fed Chair?
  • 1 day Who Will Pay For Trump's $60 Billion China Tariffs?
  • 2 days Vladimir Putin’s Mysterious Fortune
  • 2 days Cryptos Resist Social Media Crackdown
  • 2 days The Death Of Dodd-Frank
  • 2 days Bitcoin Bounces Back Ahead Of G20 Meeting
  • 2 days Trump's Trade War Nears Boiling Point
  • 2 days Will April Be A Turning Point For Precious Metals?
  • 2 days Economic Pressures Weigh On Banks And Borrowers
Economic Pressures Weigh On Banks And Borrowers

Economic Pressures Weigh On Banks And Borrowers

Banks and borrowers are under…

The App That Democratized Trading Is Now Worth $5B

The App That Democratized Trading Is Now Worth $5B

Investors and customers have rallied…

Tesla Tumbles As Investors Lose Patience

Tesla Tumbles As Investors Lose Patience

As Tesla’s Model 3 looks…

Merkel's Cream Puff 'Tougher' Stance

The Financial Times reports Merkel Takes Less 'Welcome' Tone on Refugees as Pressure Builds.

Refugees securing asylum in Germany should expect long delays before they can bring over their families, Chancellor Angela Merkel warned on Monday in a departure from the "welcome" policy critics have blamed for triggering a huge influx of migrants.

The announcement came amid signs of demands in the ruling CDU/CSU bloc for a tougher response to the crisis, with Wolfgang Schäuble, finance minister, adding his voice to those advocating immigration restrictions.

Steffen Seibert, Ms Merkel's spokesman, said on Monday there had been no legal change in the government's policy. Still, in a clarification that may be welcomed by some hardliners, he explained that even refugees entitled to bring in their families could not now expect to do so because immigration officials were busy dealing with the wave of arrivals.

"When you see this reality from one end of the country to the other, then it is clear to everyone: family reunion as it has been understood until now cannot currently take place," he said.

His words appeared to be aimed at countering the positive image of Germany among refugees that was created in the summer by Ms Merkel's open doors policy for Syrians.

Bring the Wife and Kids

Somehow, "no change" is a tougher stance. But let's work this symbolic change to the end meaning: If you are going to come, bring the wife and kids in the first place.


Back to homepage

Leave a comment

Leave a comment

Sign Up For The Safehaven Newsletter