What We Read Today 19 May 2014

May 19th, 2014
in econ_news, syndication

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 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.

Follow up:

  • India’s Shinzo Abe (Brahma Chellaney, Project Syndicate) The author, an Indian academic and think tank fellow, sees a strong alliance potentially between Japan and India, as well as improved relations with the U.S. after a rocky start.
  • Australia Announces Plan To Slash Deficit (Dr. Mike Campbell, FX Empire) If you want a two minute summation of the proposed Australian austerity budget this is a good candidate. The discussion of the difference between private debt and public debt may be a little too "sparse" but you shouldn't expect more in 120 seconds.  See also next article.
  • Abbott’s Popularity Slumps in Australian Budget Backlash (Michael Heath and Jason Scott, Bloomberg) A new poll shows 74% of Australians think they will be worse off under the new proposed austerity budget while only 11% think things will be better. In another poll Prime Minister Tony Abbott dropped to a popularity of 34%, ten points behind opposition leader Bill Shorten of the Labor Party.
  • Cecily McMillan Found Guilty (The New School Free Press) This article gives some background on the case of an Occupy participant who has been convicted of felony assault resulting from charges that her elbow impacted a police officer when she whirled after he grabbed her breast from behind. She has written a statement Sunday 18 May at Justice for Cecily. The graphic below promoting the web site was forwarded to Econintersect by Roger Erickson. McMillan has a sentencing hearing at 9:30am today 19 May in New York City. The maximum term of sentence is seven years.


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