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
Nose Spray Ebola Vaccine Protects Monkeys (NBC News)
Good news about Ebola and its terrifying mortality rate (Fabius Maximus)
Still no trace of 200 kidnapped girls in Nigeria (CBS Evening News)
UN Tells Somalia to Quit Paying for Votes (abc News)
Biden Says He Never Apologized to Turkey (abc News)
ISIL fighters make gains in northern Iraq (Al Jazeera)
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