What We Read Today 28 October 2014

October 28th, 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.

  • France bows to EU pressure on budget deficit (Adam Thompson, Financial Times) After issuing a figurative middle finger in the air last week ,France has now decided to trim €3.6 billion ($4.6 billion) from its 2015 national budget to try to forestall a fight with Brussels over the failure to contain the budget deficit to 3% of GDP as specifies in the Maastricht treaty. Before the cut the deficit was to be s little more than 4% of GDP; the change will reduce it to near 3.5%.

Follow up:


  • Huge Solar Flare Erupts from Biggest Sunspot in 24 Years (Photos) (Tariq Malik, Space.com) The largest sunspot since 1990 darkened an area of the sun's surface with a width much larger than the diameter of earth (7,918 miles) and comparable to Jupiter (86,881 miles at the equator) in size. That corresponds to an area of 5.8 trillion square miles. The cross-sectional area of the earth is "only" 50 million square miles so this sunspot covered more than 10,000 times the cross-sectional area of the earth. The sun has been very active this year with numerous sunspots and many powerful solar flares resulting. Solar flares interact with the earth's magnetic field and can disrupt radio communications, increase radiation exposure on the planet's surface and (usually) have a secondary impact on the earth's weather. See next article.
  • The Sunspot Cycle (David Hathaway, NASA) Sunspots have been observed and counted since the early 1600s, although continuous daily observations were not begun until 1849. The first graphic below summarizes sunspot activity observed from the time of Galileo (early 1600s) to the present day. The second graphic (three parts) shows the monthly average data detail since 1750. The correlation of sunspot activity with climate on the earth was first observed during the extremely low period of sunspot activity from about 1645 to 1715 which corresponded to a period known as the "Little Ice Age". Note: There is another time period given the name "The Little Ice Age" from around 1300 to 1870 which contains the 1645-1715 period. See the third graph below from The Little Ice Age, Ca. 1300-1870 (Environmental History Resources). Note: Superimposed on the longer term sunspot variation are shorter periods of abnormal volcanism which have also produced planetary cooling for a few years. One of the climate factors that may be influenced by sunspots is the North Atlantic Oscillation (NAO) which has a strong influence on the weather for North America and Europe. The NAO status is reported regularly by climate economist Sig Silber in his weekly weather and climate reviews every Tuesday at GEI News. The last item below is a solar flare video from Space.com.




  • Articles about conflicts and disease around the world


Why people without symptoms aren’t going to give you Ebola (The Conversation)

NJ to allow quarantined nurse who treated Ebola patients to return home (Al Jazeera)


Nigeria Girls Detail Horrific Boko Haram Abuse (Sky News, MSN News)


In a Liberian slum swarming with Ebola, a race against time to save two little girls (The Washington Post)


Woman Hanged In Iran For Killing Alleged Rapist Sent Her Family A Chilling Message (Huffington Post)


Boehner: Bush would have punched Putin (CNN, MSN News) Video


Clash in Yemen town kills 250 in 3 days, officials say (Al Jazeera)

There are 11 articles discussed today 'behind the wall'.

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

Please support all that we do at Global Economic Intersection with a subscription to our premium content 'behind the wall'.

There are between 75 and 100 articles reviewed most weeks. That is in addition to the 140-160 articles of free content we provide.

You get a full year for only $25.

The rest of the post is for our premium content subscribers - Click here to continue reading. If you have forgotten your login or password - send an email to info at econintersect.com.


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved