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Early Headlines: Obama's Clemency Splurge, Greek Plan Not Cutting It, Saudi's Losing Market Share in Asia and More

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Early Bird Headlines 02 April 2015

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.

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 more WWRT

What We Read Today 01 April 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

BECOME A GEI MEMBER - IT's FREE!

Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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 more features, analysis, studies, and news published in the last week

Living in a Free-Lunch World

by John Mauldin, Thoughts from the Frontline

"Everyone is a prisoner of his own experiences. No one can eliminate prejudices - just recognize them." - Edward R. Murrow, US broadcast journalist & newscaster (1908 - 1965), television broadcast, December 31, 1955

"High debt levels, whether in the public or private sector, have historically placed a drag on growth and raised the risk of financial crises that spark deep economic recessions."- The McKinsey Institute, "Debt and (not much) Deleveraging"

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Infographic Of The Day: Causes And Treatments For Headache In Children

Is your child often complaining of headaches?

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Video of the Day:

Ever wondered why you're left handed? Or confused by why we yawn? Take a look at the human body's biggest mysteries with All Time 10s.


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FOREX NEWS by DailyForex

Dollar Drops on Disappointing Data

The dollar nursed modest losses on Thursday, having suffered a setback on fresh signs that the U.S. economy slowed significantly in the first quarter a factor that could delay the Federal Reserve's decision to begin hiking interest rates.

Market Uncertainty Sends Dollar Down

The US Dollar edged lower in European trading after a disappointing Tankan survey, a report which shows business sentiment in Japan, which paradoxically gave the safe haven Japanese Yen a boost even as it weighed on Japanese equities.

UK Growth Revised Up

The assessments of quarterly growth are always subject to revision since the estimate of GDP is based on a subset of the data.

Greece Fails to Reach Deal

Greece failed to reach an initial deal with the European Union and the IMF to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan, officials said on Tuesday.

Euro Poised for New Quarterly Record

As the end of this quarter draws to a close, the common currency Euro is poised to record its single worst quarter ever.
 more investing, markets, precious metals & forex

A European "Good Enough" Bull Market Begins



 more opinion

Iceland's Economic Recovery not Caused by Austerity

by Dirk Ehnts, Econoblog101

The ongoing economic recovery in Iceland started already in 2010. The economic crisis (= recession), as you can see in the chart below, started in about 2007. Only 3 years and a loss of GDP of roughly 10% later, the economy started growing again. Look, however, at the amount outstanding of domestic debt securities for general government issuers. It has risen very fast in the crisis, probably because of falling tax income.

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 USA economy at a glance (boxed items are updates in last 7 days)

Construction Spending Growth Mixed in February 2015. Private Sector Construction Improved.

Written by Steven Hansen

The headlines say construction spending declined this month - the data is volatile and backward revisions distort the picture. However, the rate of growth looking at the unadjusted rolling averages improved this month following a persistent decline in the rate of growth for the previous 12 months. This month private construction improved which has been the drag on new construction growth.

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