Early Bird Headlines 14 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.
U.S.
- The Trillion-Dollar Platinum Coin Is Back (Bloomberg Business) The problem that won’t go away has a solution that will never die.
- Republicans float changes to food stamp funding (Al Jazeera) Proposed budget will likely include fixed funding for SNAP, allowing more state flexibility but limiting resources.
- Facebook buys shopping site to improve e-commerce ad quality (Seeking Alpha) Facebook has bought and shuttered the shopping price comparsion website The Find. The website claims to index morer than 500 million items across 500 thousand stores. The Find will be integrated into Facebook to provide specific targeted ads for individuals and to stop such ads when an item is bought.
- The Problem Is Bigger Than Ferguson (The New York Times) “… evidence strongly suggests that Ferguson is not even the worst civil rights offender in St. Louis County.”
EU
- ECB Set to Buy Fewer Bonds as Price Gains Ease Crunch (Bloomberg Business) As yields shrink and/or go negative, the number of bonds purchased by the central bank will go down (as the prices go up).
UK
- Police Failed to Address Sexual Abuse in Northern British City, Report Says (The New York Times) Rape tolerated in several northern England cities.
Greece
- EU executive warns of Grexit ‘catastrophe’, urges euro solidarity (Reuters) Is that solidarity with or against Greece? Not clear from article.
- Roubini Greek Doom Scenario’s So Bad It May Keep the Euro Intact (Bloomberg Business)
Spain
- Spain arrests eight alleged ISIL recruiters (Al Jazeera) Dawn raid part of renewed focus on domestic armed groups since Charlie Hebdo attacks in Paris.
Syria
- Monitor: Nearly 13,000 tortured to death in Syria (Al Jazeera) Rights group says 108 children among thousands tortured to death in government prisons since start of uprising.
Iran
- Exclusive: Major nations hold talks on ending U.N. sanctions on Iran – officials (Reuters) UN could short circuit Republican threats.
Japan
- Nikkei 225 Closes Above 19,000 for First Time Since April 2000 (Bloomberg Business) But still not halfway back to the all-time peak.
China
- Reality Check: How Fast is China Growing? Global Recession at Hand (MISH) “Chinese growth is not consistent with energy demand, raw materials, or personal consumption. Worse yet, growth does not factor in pollution or malinvestments in vacant housing, vacant malls, vacant airports, etc.”
Brazil
- Brazil Drought: Citizens May Have to Cut Down Their 12 Showers a Week Because of Drought (Latin Post) The climate is beastly hot and showers are a hygienic necessity.
- Petrobras Scandal Goes Far Deeper Than Previously Thought (Oil Price) High levels of government and ruling political party may be involved.
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