European migration crisis
On the eve of the Christian Democratic Union (CDU) party's convention in Karlsruhe, Chancellor of Germany Angela Merkel says, "We want to noticeably reduce the number of people who come to us, but not through unilateral national measures alone." She acknowledges the crisis could overwhelm Germany if it went on much longer. Merkel warded off pressure from immigration skeptics within the CDU to include a quota in the refugee policy motion the convention will vote on.
Sources: Bloomberg Jerusalem Post Reuters via International Business Times The Financial Times