econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 05 April 2016

Early Headlines: Villanova Wins, Asia Stocks Mostly Lower, China Stocks Up, Yen Up, Oil Down, Panama Papers Inside Story, Tinderbox In The Caucasus, China To Mine The Moon And More

Written by

Early Bird Headlines 05 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.

early-bird-301-180

Global

asia.pac.2016.apr.05

The whole story started with a whistleblower who leaked a huge number of documents and data. At 2.6 terabytes of information, this leak is enormous, dwarfing the Wikileaks documents about the Iraq war or even Edward Snowden's leaks of NSA surveillance details. Once again it shows how in the data age all organizations are vulnerable to vast caches of information being smuggled out on a computer hard drive or USB stick.

  • The World May Have Too Much Food (Bloomberg) For the first time in history, more people are obese than underweight. The past 40 years have seen an unprecedented increase in the number of obese adults worldwide, climbing to about 640 million from 105 million in 1975. If the current trend continues, about one-fifth of adults will be obese by 2025.

  • Oil Prices Fall On Dimming Prospect Of Output Restraint (International Business Times) Hat tip to Rob Carter. Monday's oil price declines extended a 4% tumble on Friday when Saudi Arabia said it would only participate in a global freeze of its output if its rival Iran also took part, something Tehran has so far dismissed. Adding to concerns of a global glut that has pulled down prices by as much as 70% since 2014, U.S. production has remained stubbornly high despite steep cuts in drilling for new reserves as well as a jump in bankruptcies.

  • What are the Similarities Between the Current Oil Collapse and the U.S. Housing Crisis? (Bloomberg)

U.S.

EU

UK

Iceland

  • With Pirates on the horizon, Iceland's government may not survive the Panama Papers (The Conversation) The release of the Panama Papers will have a huge impact around the world. But Iceland deserves some particular attention. According to documents leaked from Panamanian law firm Mossack Fonseca, several Icelandic politicians, former bankers and government advisers have had links to anonymous offshore companies. Among them, are three members of the Icelandic government: the prime minister, Sigmundur Dav'ð Gunnlaugsson, the finance minister, Bjarni Benediktsson and the interior minister, Ólöf Nordal. The government parties seem likely to lose big in the next elections. The prime minister is unable to complete an interview when the foreign bank question came up:

China

  • China Unveils Plan to Mine the Moon for Helium-3 (Yibada) Hat tip to Sanjeev Kulkarni. China plans to mine the moon for its large deposits of Helium-3, a rare substance that can give enough power via nuclear fusion for 10,000 years and solve Earth's energy crisis. Mining Helium-3 is considered an economically viable plan as each ton of the rare substance has an estimated value of $3 billion, while the total R&D cost for building a fusion plant and creating the necessary spacecraft would cost $20 billion.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



You can also comment using Facebook directly using he comment block below.





Econintersect Contributors


search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
A New Era of Central Banking?
Is Free Trade Harming the Economy?
News Blog
Climate of the Southwest
Did the Romans Create both Christianity and Islam?
The Psychology Behind Trump's Awkward Handshake ... And How To Beat Him At His Own Game
Most Lawsuits Against Trump Related To Travel Ban
Average Gasoline Prices for Week Ending 20 February 2017 Statistically Unchanged
Explainer: Trickle-down Economics
How The United States Is Governed
What We Read Today 21 February 2017
Wife Of Soldier Kisses His Flag-Draped Coffin: It Was Heartbreaking
The Age Of The Employee-less Employer
Projected Costs Of U.S. Nuclear Forces, 2017 To 2026
63.4% Homeownership Rate In 2016 Was Lowest Since 1966
The Homeownership Gap Is Finally Closing - Part Four Of Five
Investing Blog
The Real 401k Plan Manager 20 February 2017
Investing.com Technical Summary 21 February 2017
Opinion Blog
The Blame Game
Fascism Defined And Described By Oswald Mosley
Precious Metals Blog
Deflation And Gold: A Contrarian View
Live Markets
21Feb2017 Market Close: New Record Highs, Crude Slips Off Session Highs, US Dollar Settles Near Highs
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government





























 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved