President Obama Pushes for Trade Agreement in Europe, Praises Merkel

President Barack Obama made the case for free trade and Syrian refugees while speaking in Europe early this morning. The President said the United States and the entire world needs a strong Europe. Obama said it was necessary to complete the trans-atlantic trade and investment partnership-known as TTIP-agreement because 95% of markets are outside U.S. borders. President Obama also praised German leader Angela Merkel for accepting Syrian refugees. Oil is starting the week lower as investors cash in on recent gains. The International Monetary Fund estimates the middle east's oil dependent economies have missed out on $390 billion in oil revenues last year alone and face up to $150 billion in income losses this year as a result of cheap oil. Beyonce's new album 'Lemonade' was released over the weekend but only on 'Tidal', the music streaming service partly owned by her and her husband Jay Z. Reports indicate the album will be available on iTunes soon.