What We Read Today 26 September 2014

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.

• Banking on New Mexico, A Public Bank Funding Sustainable, Local Economies (Conference Program) This conference is being held Saturday 27 September 2014 in Sante Fe, New Mexico. Sig Silber is attending and will report back to GEI.

• Japan’s Inflation Rate Dips (Takashi Nakamichi, The Wall Street Journal) Japan’s consumer price inflation in August fell to +1.1% year over-year after correction for the 01 April consumption tax increase. This is down from 1.3% for both June and July and brings into doubt achievability of the Bank of Japan objective of 2% consumer inflation within about six months.

• Apology or not, Ferguson police chief tells CNN: I will not step down (Eliott C. McLaughlin and Ana Cabrera, CNN) Hat tip to Alun Hill. The embattled police chief says “Im truly sorry” and he will not resign. He says “this is mine, and I’m taking ownership of it.”

• Recent article about Scotland Independence Vote :

Scots demand powerhouse parliament, says Salmond (Scott MacNab, The Scotsman) Alex Salmond, the soon to be former First Minister of Scotland, says that Scotland should have a “powerhouse parliament” as a result of the strong (46%) vote for separation from the UK.

• Articles about wars elsewhere in the world:

Bashar al-Assad seeks to reap benefits from US-led raids in Syria (Financial Times)

The battle against the Islamic State is not ours to fight or win (The Washington Post) Hat tip to Roger Erickson.

Lindsey Graham: We need troops to fight Islamic State ‘before we all get killed here at home’ (The Washington Post) Hat tip to Roger Erickson.

Factbox: Arab states line up behind U.S. in fight against Islamic State (Reuters)

U.S. imposes financial sanctions on Islamist fighters (Reuters) Hat tip to Chuck Spinney.

U.S., Saudi Arabia, UAE strike modular oil refineries in Syria (Reuters) Hat tip to Chuck Spinney.

New airstrikes in Syria take aim at Islamic State’s oil money (Reuters) Hat tip to Chuck Spinney.

France blasts EU over passivity in Syrian civil war (Reuters)

After border town attack, Syrians’ welcome in Lebanon wears even thinner (Reuters)

Air strikes in Syria hit Islamic State-held areas near Turkey: monitor (Reuters)

Rouhani charm offensive at UN fails to impress Iran’s hardliners (Financial Times)

Financial Times: Putin demands EU-Ukraine pact rewrite (Financial Times, Kyiv Post)

Putin demands reopening of EU trade pact with Ukraine (Financial Times)

Russian TV sees US plot behind Ukraine and IS militants (BBC News)

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