(2) *CANADIAN PACIFIC ENDS EFFORTS TO MERGE WITH NORFOLK SOUTHERN

*CANADIAN PACIFIC ENDS EFFORTS TO MERGE WITH NORFOLK SOUTHERN

Alerts: HALISTER, HALISTER1
Source: BN (Bloomberg News)

Tickers
NSC US (Norfolk Southern Corp)
CP CN (Canadian Pacific Railway Ltd)

Topics
Who's News - People
Management Changes

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UUID: 7947283

HALISTER1: Philippines Needs Stronger Anti-Money Laundering Law: World Bank

Philippines Needs Stronger Anti-Money Laundering Law: World Bank

(Bloomberg) -- World Bank supports calls to reform Philippine rules on anti-money laundering and bank secrecy, Rogier van den Brink, lead economist and program leader in Philippines, says at briefing in Manila.
  • Reforms include making sure casinos covered by anti-money laundering rules, lifting of bank secrecy to help investigations
  • NOTE: How $81 Million Slipped Through Philippine Cracks: Timeline NSN O48K426JIK6K
Story Link:NSN O5GADW6JTSEK
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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UUID: 7947283

HALISTER1: Eurasia Raises Brexit Probability to 40% From 30%

Eurasia Raises Brexit Probability to 40% From 30%

(Bloomberg) -- Panama revelations are likely to aggravate other underlying Euroskeptic trends in British public opinion, increasing the likelihood voters will elect to leave the EU at the June 23 vote, Eurasia analysts Mujtaba Rahman and Charles Lichfield write in client note.
  • Momentum currently favors the “leave” campaign
  • Voters’ risk aversion and economic uncertainty associated with leaving the EU still give the “remain” camp the edge, but this is becoming a closer call
    • Analysis of recent opinion polls shows government party backers are slowly leaning more toward leave; this will probably continue as they get ambiguous messages from the Conservative Party, which is itself split
  • P.M. David Cameron will therefore need to mobilize Labor and Liberal Democrat voters to increase his chances of winning the referendum; his ability to do that will be hurt by the Panama revelations
  • Turnout and undecided voters will be two key drivers of the outcome
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Charles Lichfield (Eurasia Group Ltd)
David Cameron (United Kingdom of Great Britain and Northern Ireland)
Mujtaba Rahman (Eurasia Group)

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UUID: 7947283