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What We Read Today 06 July 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Articles about events, conflicts and disease around the world

Germany

Greece

Hungary

Iran


Greece's Problems Explained in Six Charts (Paul Smith, Bloomberg Business)  The charts are belwo.  Go to Bloomberg for context.

greece.debt.gdp

greek.unemployment

greek.whatever.it.takes

greek.capital.controls

greek.devaluation

greek.root.of.problem

Other Economics and Business Items of Note and Miscellanea

  • The Women Who Secretly Keep ISIS Running (The Daily Beast)  A captured ISIS ‘bride’ has revealed the inner workings of a women’s network that’s responsible for recruiting, spying, and enforcing sexual slavery in the so-called caliphate.
  • The U.S. Women Go On The Offensive (The New York Times)  Story of the strategy that turned the U.S. team from a tight defensive unit into an explosive offensive powerhouse which scored a record 7 goals in the final two games.

Last week, members of the Maine legislature’s Government Oversight Committee unanimously called for an investigation into Tea Party Governor Paul LePage. At question is whether or not he inappropriately—and potentially illegally—abused his control over the state’s budget to force a charter school to fire a political opponent.

The “combative” governor, as The New York Times called him—which is New England shorthand for “asshole”—hasn’t so much protested his innocence as he has thumbed his nose at the bipartisan committee’s authority.

In a letter to Beth Ashcroft, the director of the oversight group, his counsel cited the legally-binding “You’re Not the Boss of Me” doctrine.

I think this time Herbert Hoover in a pantsuit has, at last, met her match.

Cartoon sent in email by Roger Erickson

greek.finger


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