Early Headlines: Saudi Oil Strategy,China Factory Girls Strike, China CPI Holds on to Inflation but PPI Still Deflates and More
Early Bird Headlines 10 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.
- Dollar at 12-year peak on euro, emerging markets spooked (Reuters) Asian markets have pushed the U.S. dollar higher in Tuesday trading.
- Republicans are beginning to act as though Barack Obama isn’t even the president (The Washington Post) Are there boundaries to respect for the office?
- A view of King v. Burwell from inside the courtroom (Employee Benefit Adviser) Questions were primarily aimed at the petitioner, but what does that mean?
- U.S. crude prices to drop to $40 a barrel as inventories rise: Goldman (Reuters)
- Varoufakis unsettles Germans with admission Greece won't repay debts (Reuters) Econintersect: The Germans can't understand the obvious.
- Draghi Urged Greece to Allow Officials Back Before It’s Too Late (Bloomberg) The Troika wants to look at the books.
- The big drop: Riyadh’s oil gamble (Financial Times) Did Saudi Arabia target Russia and Iran or did they simply misjudge the market?
- Pakistan tests missile that could carry nuclear warhead to every part of India (The Washington Post)
- Macroeconomic indicators looking much better than they were a year back: Santosh Kamath, Franklin Templeton (The Economic Times)
- China’s “factory girls” have grown up—and are going on strike (Quartz) Women in China want equal pay, too.
- China CPI picks up in February; PPI slumps again (Seeking Alpha) PPI approaches three years of deflation.
- Can China grow at 7 per cent in 2015? (China Spectator) The author says only if they hit hard on investment, which is what they claim to want to rebalance away from.
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