Emerging Markets, Frontier Markets

EU Agrees To Relocate 60k Migrants In 2 Years While Attacks In France, Tunisia And Kuwait Prompt Fears Of Jihadist Influences’

Terror attacks were reported in three countries today.

TUNISIA: At least 27 people were killed in an attack on a beachfront Tunisian hotel, Tunisian officials said, according to the state-run TAP news agency

(…)

The death toll from a shooting attack on a popular tourist resort in Tunisia has risen to 37 dead, many of them foreigners.

Obviously ISIS trying to kill the Tunisian economy heavily dependent on tourism.

FRANCE: A severed head was found in a terror attack at a U.S.-owned gas company, according to French President François Hollande.

KUWAIT: ISIS has claimed responsibility for an apparent bomb blast at a Shiite-affiliated mosque in Kuwait’s capital, leading to 25 dead and 202 wounded, according to The Jerusalem Post

(…)

Death toll in ISIS attack on Shi’ite mosque in Kuwait rises to 27 , 227 injured, Haaretz reports.

Global News

BRUSSELS – European Union leaders have agreed to relocate 40,000 migrants from Italy and Greece to other EU countries over the next two years, in an effort to share the burden of a growing migrant crisis.

WATCH: Canadian doctor taking part in mission to rescue migrants

EU President Donald Tusk said the agreement was reached after an overnight summit early Friday, to show “solidarity with frontline countries.”

French President Francois Hollande said the EU will also resettle 20,000 refugees, “essentially from Syria and Iraq, who at this moment are in camps and who will be reinstalled in Europe.”

WATCH: Boy found in suitcase highlights plight of migrants trying to get to Europe

The migrant crisis has caused tensions among EU countries.

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About ETFalpha

Chief ETF Strategist & Co-Founder at EMerging Equity

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