Early Headlines: Dr. Oz Under Attack, Berkshire TBTF, China Bonds Default, Greece as a Banana Republic and More

April 21st, 2015
in News, econ_news, syndication

Early Bird Headlines 21 April 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.


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  • Central banks prepare to flood FX markets with euros (The Business Times) Several analysts, mostly in conjunction with bearish forecasts on the euro, said they expect central banks' euro-denominated reserves to fall below 20% of overall holdings over the coming quarters from around 22%.
  • Up to 1m migrants waiting to enter Europe, warns Italian prosecutor (Financial Times) Up to 1m Syrians and sub-Saharan migrants are waiting in Libya to cross to Europe, an Italian official said on Monday as European ministers pledged to increase the funding and range of the EU's task force in the Mediterranean. Econintersect: The potential exists for tens of thousands of deaths in the Mediterranean in 2015 because the "migrant season" has not really started yet.



  • British regulator challenges US over Berkshire scrutiny (Financial Times) Headline is not correct: It should read "lack of Berkshire scrutiny". The Bank of England has written to the U.S. Treasury asking why one of the world's most powerful reinsurance enterprises is not subject to 'too big to fail' (TBTF) supervision.
  • A political party is threatening the union – and it’s not the SNP (The Conversation) The future of the United Kingdom as a unified nation is firmly on the table this election. This is not merely a question of the Scottish National Party's policy on independence for Scotland, however. A far more pernicious influence is coming from the centre-right.




  • Dreams of Europe Elusive for Those Who Wash Up in Italy (Bloomberg Business) Thousands have died in the attempt to cross the Mediterranean but those who make it to Europe alive often go missing, highlighting the fraught future facing migrants even once they reach the other side. Increasingly the refugees are children. Of the 12,000 children who arrived at so-called welcome centers in Italy this year, about 3,500 have disappeared without trace






  • Shinzo Abe, Japanese Premier, Sends Gift to Contentious Yasukuni Shrine (The New York Times) Asian countries occupied by Japan in World War II are riled by a gift to commemorate Japan's WW II dead in the 60th year after the war ended.
  • Japan Says Economy on Recovery Path (Nasdaq.com) The Japanese government stuck to its view that the economy is on a moderate recovery path, helped by an improvement in corporate profits, in its monthly economic report for April. The government expects lower energy costs will also support the recovery trend although a slowdown of overseas economies could pose a downside risk.



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