>>18256776 pb
TITAN25 E-4B Nightwatch departed Manila about 6h agoSec. of Defense Austindone and heading back to JBA-prolly stop at Elmendorf
Philippines grants U.S. greater access to bases amid China concerns
https://www.reuters.com/world/philippines-grants-us-greater-access-bases-amid-china-concerns-2023-02-02/
>>18265169 pb
Ukrainian AF ADB386F Antonov AN-124 arrived at Toulouse Airport, France (Airbus has a large facility here for AC and Satellite Mfg.) from Seattle, Boeing Field depart and arrived about 3h ago
PlaneFag Europe Activity: Swiss AF SUI26 Falcon 900 departed Stockholm after about 2h45m stop and back to Bern/Belp Airport-"helping" with the NATO BS
Finland, Sweden committed to joint NATO accession, prime ministers say
https://www.reuters.com/world/europe/finland-sweden-committed-joint-nato-accession-prime-ministers-say-2023-02-02/
Czech AF CEF05C A319 departed Riga , Latvia after an overnight-back to Prague, Polish AF PLF105 G5 also departed Riga WN and heading across the Atlantic (far left)-see below
Declaration of the Ministers of Foreign Affairs of Estonia, Latvia, Lithuania and Poland on enhancing the cooperation in the region Riga, 31st of January
https://www.gov.pl/web/diplomacy/joint-declaration-of-the-ministers-of-foreign-affairs-of-estonia-latvia-lithuania-and-poland-on-enhancing-the-cooperation-in-the-region-riga-31st-of-january
Belgian AF BAF80 Falcon 7X departed Kaunus, Lithuania back to Brussels, REDEYE06 E-8C Joint STARS trackin' just east of Warsaw and we have Russian AF 46179 Antonov An-148 that depated Sochi and heading to Astrakhan after a 2h ground stop
Deutsche Bank Set to Spare Traders as It Prepares More Job Cuts
Deutsche Bank AG is preparing further job cuts to keep costs in check, with the focus likely to be areas outside the trading unit.
Meeting expense targets in an inflationary environment will require a redoubling of savings efforts, including job cuts, Chief Executive Officer Christian Sewing said at an earnings press conference on Thursday. He singled out the lender’s consumer banking activities in Germany as one area where cuts would take place. The investment bank — a key earnings driver in recent years - won’t be heavily affected, people familiar with the matter said. The trading unit is more likely to add staff on balance, while any cuts among teams advising on deals and capital underwriting will be limited since Deutsche Bank hired fewer people than rivals during the 2021 boom, the people said, asking not to be identified discussing private information. Deutsche Bank said on Thursday that it’s seeking to keep costs steady at least year’s level, despite high inflation and expected growth in revenue. Non-interest expenses fell 5% in 2022, even as employee numbers increased.
The new focus on job cuts comes after the end of a restructuring program, launched in 2019, that initially aimed to eliminate 18,000 roles and ended up only seeing about 8,000 positions disappear. Deutsche Bank has said it deliberately missed the reduction target partly to keep up with revenue growth that was far above expectations. Staff reductions in Germany will partly take place on the back of Deutsche Bank’s ongoing efforts to cut the number of retail branches. The bank plans to close a significant amount this year, though the number will likely remain under the level of 173 branches the lender closed globally last year, Chief Financial Officer James von Moltke said on a call with analysts.
https://www.bnnbloomberg.ca/deutsche-bank-set-to-spare-traders-as-it-prepares-more-job-cuts-1.1878489
The Euro/US$ swaps have doubled to over $400m a week via the New York Fed Currency Swap facility.
There will be another one reported later today to replace last weeks one of $426M
Nuffin to see here
https://www.newyorkfed.org/markets/desk-operations/central-bank-liquidity-swap-operations
>>18270318 TITAN25 E-4B Nightwatch departed Manila about 6h ago Sec. of Defense Austin done and heading back to JBA-prolly stop at Elmendorf
>>18270414 PlaneFag Europe Activity: Swiss AF SUI26 Falcon 900 departed Stockholm after about 2h45m stop and back to Bern/Belp Airport-"helping" with the NATO BS
PlaneFag CONUS Activity: SAM084 G5 went to Bragg from MacDill AFB (CENTCOM) after an overnight and 09-0018 C-32A west from JBA
Some morning BRRRTTT over southern Maryland from Martin State Airport'''