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.
- Pro Report: Obama kicks off immigration showdown – Pence: Use ‘power of the purse’ – About last night (Leigh Munsil, Politico) Today President Obama is expected to announce that approximately 5 million undocumented immigrants will be shielded from deportation by executive order. The Senate passed a bill which would authorize such action but the House has not brought it up for a vote. Republicans are cautioning their members not to talk about impeachment or a government shutdown but rather to remove funding that could be used for the immigration changes.
- Report blasts US banks’ physical commodities operations (Gina Chon, Financial Times) A senate subcommittee has issued a report after a two year investigation finding that banks expose themselves to “catastrophic financial risks, environmental disasters and potential market manipulation” by their commodity investments. The report also criticized regulators for insufficient action in this area. The banks are vigorous in denial of problems and in defense of their “crucial market making role for clients by providing financing, liquidity and hedging capabilities, while also reducing market volatility“. Banking and Federal Reserve officials are scheduled to testify, starting today and tomorrow.
- Articles about events, conflicts and disease around the world
Ebola
Doctors: Potential Ebola Cases Still ‘Covered Up by CDC’: CDC reportedly ‘disappearing’ patients (Alex Jones’ InfoWars)
Possible Ebola case in Jefferson County, Mo. (KSDK – TV)
Ebola cases no longer rising in Guinea, Liberia, UN health agency reports (UN News Centre)
Nigeria
Nigeria parliament shut after tear gas fired (BBC News)
Liberia
Ebola crisis in Liberia: ‘One in two workers now jobless’ (BBC News)
Turkey
Iraq, Turkey Vow to Work Together Against IS Group (abc News)
Iraq
US advisers spread out through Iraq (Al Jazeera)
Russia
China and Russia in naval co-operation vow (Financial Times)
Russia may pivot to the east but it cannot escape its European destiny (Financial Times)
Hong Kong
Hong Kong protesters break into government building as tensions flare again (Reuters)
There are 8 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. |