Early Headlines: London Mega Banks Retreat from Investment Banking, Mumbai Sensex Tops 30k for First Time and More
Early Bird Headlines 04 March 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.
- Why Balancing The Budget Means Economic Catastrophe (Forbes) This is not news for many GEI regulars.
- Proposals on European net neutrality open ‘two-speed’ internet (Financial Times) Divergence in internet management on the two sides of the Atlantic may be emerging.
- What Europe’s hopeful left can learn from Latin America (The Conversation)
- Barclays bank slides into annual net loss (The Business Times)
- UK retreat from investment banking gathers pace (Financial Times) London mega banks retreating from global investment banking.
- Ireland launches initiative to lure expats home (Financial Times) The government steps up efforts to woo investors and skilled expatriates and capitalise on the tentative Irish economic recovery, reversing the exodus that occurred during the Great Financial Crisis.
- EBRD to launch funding in Greece, promoting enterprise (Reuters) European Bank for Reconstruction and Development will launch a five-year program of loans and investments in Greece.
- Can The Marxist Save European Capitalism? (Forbes)
- Netanyahu’s address to Congress was more about politics than Iran (The Conversation)
- A lifetime achievement – destruction of the State of Israel (Haaretz)
- Iraq: graveyard of the believers (The Conversation)
- Dempsey Says Iranian Hand in Iraq Could Turn out Well (abc News)
- Russians bid farewell to murdered politician Nemtsov (BBC News) Many political figures prohibited from attending.
- It is not who killed Russia's Boris Nemtsov, it is why (CBC News) Opposition leader was determined to prove Russia's direct involvement in Ukraine war.
- Russian parents unimpressed with state of education system (The Conversation)
- Singapore, Malaysia, Thailand to streamline cross-border prospectus review process (The Business Times) Moving toward regional equity markets.
- Budget lays down multiple goals, but fails on fiscal consolidation front: C Rangarajan (Business Standard) Econintersect: More confidence card mythology. The current RBI governor thinks differently, fortunately. See GEI News.
- India’s Sensex Tops 30,000 as Stocks Rise With Bonds on Rate Cut (Bloomberg Business) See more below
- China's transition to new innovation powerhouse (China Spectator)
- China's services sector grows in Feb (China Spectator) Service sector is outdoing the lagging real estate and manufacturing sector.
- The great Chinese investment conundrum (The Conversation)
The consequence of simply leaving things to market forces is not difficult to predict: great powers and economies have always shaped lesser ones, all other things being equal. At a time when voters everywhere are increasingly cynical about politics, the dangers of not acting in the endlessly invoked "national interest" are becoming increasingly clear.
- Medicare co-payment: a case study in policy implosion (The Conversation)
- Panama Canal expects boost from US ports dispute (Financial Times) The west coast port strike in the U.S. may have permanently damaged those ports and lead to a long-term increase in Panama Canal traffic.
BECOME A GEI MEMBER - IT's FREE!
Every every afternoon What We Read Today featured column is available only to GEI members.
To become a GEI Member simply subscribe to our FREE daily newsletter.