The U.K. needs immigration of at least 200,000 people net per year to avoid “catastrophic consequences” for the economy, according to a report from research group Global Future. Politicians on both sides of the political spectrum are making the case for reducing immigration. But they need to be more honest about the benefits and “challenge the assumption that less immigration would be good for Britain.” Source Bloomberg
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At the beginning of the week, it was a police patrol that had been targeted near the city of Tarterêts. It was not the police that they were attacking this time but the army. A army patrol was attacked and rocked this Friday night around 20 hours in Corbeil-Essonnes by ten young hooded. Source Le Parasien
The start of the G7 in Taormina is set for May 26, but the security measures will begin to be operational as early as this morning. It means that no ship could get close, it means that boats full of migrants who already throng the central Mediterranean will dock elsewhere. Source corriere
Italy’s economy minister sought to reassure investors on Thursday that they will not be hit in a rescue of two ailing regional banks, Popolare di Vicenza and Veneto Banca, after fears of a full “bail-in” hit the lenders’ debt. Source Reuters