The existence of these squalid shanty towns is a symptom of Europe's failure to manage the refugee reception crisis, as well as migration more broadly; closing them does nothing for the underlying problem.
Shares of utilities and telecommunications companies, which typically perform poorly in a higher interest-rate environment, closed broadly lower.
Updated at 5.59pm BST 5.37pm BST European markets close higher on optimism ahead of summit European markets have closed broadly higher ahead of the EU summit starting on Thursday, with increased optimism on Spain and Greece helping the positive mood.
"Broadly speaking, sales closed after the home buyer tax credit will be significantly lower compared to the credit-induced spring surge," Mr. Yun said in a statement that accompanied the monthly report.
In overseas markets, Asian shares closed broadly lower although the Japanese market managed to eke out a small gain toward the end of the session.
On Monday, shares of fertilizer companies closed broadly lower with Potash down by $2.40, or 2.6%, at $88.51, Mosaic lost $1.34, or 2.7%, at $48.47 and Agrium shed 66 cents, or 1.4%, at $48.47.
Precious and industrial metals prices closed broadly higher.
AS I look around the store, I see everyone from a 50-ish accountant in a suit to a kid with a purple pompadour and a pierced eyebrow, all playing guitars, eyes closed, smiling broadly, and probably pretending they're somebody else, too.
Google is one who has been linked with a deal but you can imagine that Walmart — very much a physical retail specialist — will be looking to tap the world of tech and Asian partners to help gain an advantage over Amazon, which is broadly thought to have closed the gap on Flipkart in recent years.
