Early Headlines: EU May Reject Greece, Disorderly Grexit Next Week?, Brazil Petrobras Scandal, Iran Deal Gasping for Air, 4 M Syrian Refugees and More
Early Bird Headlines 12 July 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.
- Wimbledon 2015: Serena Williams wins title to complete 'Serena Slam' (CNN) Williams defeated promising Spaniard Garbine Muguruza 6-4 6-4 in southwest London to complete the "Serena Slam" -- winning four straight majors -- for the second time and is now well on the way to making more history at the season's final grand slam. Will she become the greatest women's player ever? She's almost there.
- Eurozone ministers demand more from Greece for debt bailout (Al Zajeera) There is consensus among ministers that Athens must take further steps to convince them it would honor new debts. If Greece accepts what was asked and the Eu moves the goalposts again, can there be anything other than a disorderly Grexit. See also Euro zone demands more from Greece, delays decision on aid (Reuters)
- Greece Talks Spill Into 2nd Day as Finance Chiefs Deadlock (Bloomberg) The hardliners simply do not want Greece (except possibly as a slave colony).
- Why the Greek referendum was a ruse (Brookings Institution) The Greek referendum can be interpreted as either the genesis of a nationalist political contagion that will destroy the European dream, or as a ruse of history to revive the common project. It is the responsibility of European leaders to realize its potential. European leaders must recognize that, since its inception, the European crisis has been a crisis of national policies. National governments have not understood the challenge of the euro and have held back European integration.
- Greece’s final countdown – bailout or bust (The Conversation) While constructive Greek proposals are a prerequisite to resolution, it is important that the EU reforms itself. It is not simply about Greece realigning itself with the troika, but also the EU and other member states evolving to ensure the future of the of the European project.
- Greek Parliament Backs Bailout: Was The Greek Referendum Completely Pointless? (International Business Times) If you read this article you will answer 'yes'.
- It's All Greek To Me: The Politics Of Syriza And The Troika (Steve Keen, Forbes) SK has contributed to GEI. Prof. Keen uses some simple accounting logic to conclude that Greece as a member of the Eurozone has a short future.
- Is this the moment of truth for an Iran deal? (BBC News) Monday is now a new deadline after a third extension in two weeks. Exhausted negotiators, now talking around the clock, struggle to strike a balance between brushing off another missed mark in the calendar, while still insisting this process is not open-ended.
- Deported to death: The tragic journey of a Salvadoran immigrant (Al Jazeera) Deported by the US, Giovanni Miranda plunged into a circle of violence that traps countless Central American migrants. He was shot to death in his own bedroom, by two gunmen, his blood washing over his newborn child. This is the product of a U.S. immigration policy that deports undocumented immigrants to countries where their lives are at risk.
- How the massive Petrobras corruption scandal is upending Brazilian politics (The Conversation) The Petrobras corruption scandal threatens to upend the corrupt way Brazilian politics is funded and to shatter the political hegemony of the Workers' Party (Partido dos Trabalhadores, or PT) and the whole structure of Brazil's political economy.
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