What We Read Today 07 October 2014

October 7th, 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 (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.

Follow up:

  • Market Mayhem - 12 Fed Speeches in 5 Days Causes Chaos (Phil Davis, Phil's Stock World) Twelve speeches by Fed governors surround the Wednesday release of the latest FOMC minutes. Hawks and doves will be waving their petards - it would be foolish to anticipate a consensus so confusion should reign as those whose minds are already made up will probably find someone who expresses their view, no matter what that may be.
  • Dollar’s Ride is About to End (Michael Pento, Pento Portfolio Strategies) Credibility is lacking here when the author cites year-over-year inflation in Japan as 3.1%. After correcting for the April consumption tax hike the Bank of Japan calculated the effective inflation at 1.1% (Bloomberg). GEI News article from July 2013: Japan: Conflicted Policy, estimated the impact iof the tax hike on GDP to be between 3 and 4%. Pento's call for hyperinflation starting in Japan seems strange when correct treatment of the data indicates below target inflation and possibly even more deflation.
  • Recent articles about Scotland Independence and Similar Movements

Catalonia government to decide by October 15 whether to hold referendum (Reuters)

Catalan Standoff to Hit Spain Economy, Whoever Wins (Bloomberg)

  • Articles about conflicts and disease around the world

New hope for Hong Kong's victorious youth (China Spectator)

Why China's President Wants to Save Hong Kong, Not Destroy It To secure his own legacy, Xi Jinping has every reason not to send tanks into the city. (Foreign Policy)

The Party and the People (The New Yorker)

Read the Anti-Hong Kong Rant That's Going Viral in China "A muddle-headed toddler leading a blindfolded donkey." (Foreign Policy)

HK protests subside as exhaustion sets in (China Spectator)

Chicago-area man is arrested in attempt to join Islamic State (Haaretz)

Where Does the Islamic State Get Its Weapons? Many of the weapons the militant group fights with in Iraq and Syria came from the United States. (Foreign Policy)

Street battles as ISIL enters Syria's Kobane (Al Jazeera)

Syrian Kurds say air strikes against Isis are not working (The Guardian)

200,000 Indians volunteer to join effort against Islamic State militants in Iraq, mosque says (abc.net.au)

Syrian Rebels Tell Obama They're the Key to Saving Baghdad From the Islamic State (Foreign Policy)

Explosion at nuclear complex in Iran kills two workers (Fox News)

Europe sends in drones to save Ukraine truce (Yahoo! News)

U.S. Aids Ukraine on Heat Plan as EU Warns on Winter (Bloomberg)

New NATO chief reassures Poland amidst Ukraine crisis (RT)

Russia’s deployed nuclear capacity overtakes US for first time since 2000 (RT)

Leading German Journalist Admits CIA ‘Bribed’ Him and Other Leaders of the Western ‘Press’ (Washington's Blog) Washington's Blog has contributed to GEI.

There are 12 articles discussed today 'behind the wall'.

All articles today are related to energy, with a concentration on carbon emissions and renewable energy.

Do not miss "Other Economics and Business Items of Note", the final section every day.

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