Sunday, December 24, 2017

Today's Headlines

  • Spain's King Felipe Urges Catalan Leaders to Act Responsibly. “Catalan citizens voted to elect their representatives in the parliament who must now confront the problems that affect all Catalans, respecting plurality and thinking responsibly for the good of all," Felipe said in his annual Christmas Eve speech on Sunday night, sitting in the Zarzuela Palace with the Spanish and European Union flags behind him. The king said 2017 had been a difficult year, “marked mainly by the conflict in Catalonia," adding that Spain is a country in which everybody is free to express their thoughts without imposing them on others.
  • Digital Coins Resume Selloff as Recovery Fizzles. “The West is what’s causing this selloff,” said Mati Greenspan, senior market analyst at Tel Aviv-based online broker eToro. The recent cryptocurrency rally was so steep that investors were prone to take money off the table going into the holiday season, he said. A rebound fizzled Saturday afternoon and traders turned pessimistic again, driving bitcoin down 13 percent in the past 24 hours. The drop among the 10 largest digital coins, ranging up to 21 percent for iota, brings end-of-year weakness to a market that just had its worst four-day tumble since 2015.
Wall Street Journal:

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