What We Read Today 05 November 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.

• GOP seizes Senate (Stephen Collinson, CNN) The Republican’s captured every competitive Senate race except for Louisiana, which will go to a two-way runoff after none of the three candidates won a majority. The six competitive wins gives them a 53-46 margin in the Senate, awaiting the Louisiana runoff result. The GOP came within a whisker of capturing another seat but incumbent Mark Warner narrowly defeated his Republican challenger Ed Gillespie in a race that wasn’t expected to be close. See GEI News for more details.

• Eurozone business growth makes for “grim reading” (Graeme Weardon, The Guardian.com/business live) Official statement from Markit senior economist Andrew Harker saw some promising recovery data from Spain.

• Why cheap oil may not help the US as much anymore (Matthew J. Belvedere, CNBC) Now that the U.S. is a major oil producer, the benefit for the U.S. when oil prices fall is reduced. But Michael Ryan, UBS Wealth Management Research thinks that, on balance, the net effect is still positive.

• Pro: Energy investors should prepare for $60 oil (Lee Brodie, CNBC) Saudi Arabia has decided to defend market share and not cut production in the face of falling prices, which they have done in the past. The targets are likely Russia and the U.S.

• Articles about conflicts and disease around the world

Ebola

New Ebola outbreak in Sierra Leone raises fears of new infection chain (The Guardian)

‘Post-Ebola Syndrome’ Persists After Virus Is Cured, Doctor Says (abc News)

Nose Spray Ebola Vaccine Protects Monkeys (NBC News)

Good news about Ebola and its terrifying mortality rate (Fabius Maximus)

Nigeria

Still no trace of 200 kidnapped girls in Nigeria (CBS Evening News)

Suicide blast kills 29 in Nigeria, prison attack frees 144 (Reuters)

What now after Nigeria’s Boko Haram ceasefire fiasco? (BBC News)

Somalia

UN Tells Somalia to Quit Paying for Votes (abc News)

Turkey

Biden Says He Never Apologized to Turkey (abc News)

Syria

Syria: Islamic extremists pledge to press ahead with battle for Kobani (euronews)

Iraq

ISIL fighters make gains in northern Iraq (Al Jazeera)

Ukraine

Ukraine crisis: President Poroshenko’s threat after rebel polls (BBC News)

Russia

Russian troops moving closer to Ukraine border: NATO chief (Reuters)

There are 10 articles discussed today ‘behind the wall’.

Do not miss “Other Economics and Business Items of Note”, the final section every day.

Please support all that we do at Global Economic Intersection with a subscription to our premium content ‘behind the wall’.

There are between 75 and 100 articles reviewed most weeks. That is in addition to the 140-160 articles of free content we provide.

You get a full year for only $25.