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.
- German Growth Means UK Can Relax – For Now (Ed Conway, Sky News) Germany escaped the hangman’s noose with a 0.1% GDP gain from 2Q to 3Q 2014. This means the dreaded “R” word can be put aside for a while after a scare that 3Q might have followed 2Q’s negative print and mark a new recession. Italy and France GDP discussions are ‘behind the wall’.
- Chinese industrial output growth slows (Dow Jones Newswire, China Spectator) Industrial output in China rose 7.7% in October from a year earlier, slowing from an 8% on year increase in September, a change which Dow Jones called “surprising weakness“. The number is, however, the continuation of a downtrend from a peak above 18% year-over-year growth just four years ago.
- Rosetta: Battery will limit life of Philae comet lander (Jonathan Amos, BBC News) The Philae lander is scheduled to have 64 hours of battery life initially and then 1.5 hours every 12 hours from solar powered recharging. The problem is that Philae did not come to rest in the sun; instead of 6 hours of sun every 12 hour rotation of the comet, only 1.5 hours will be received. That will be enough for possibly 15 minutes of lander operations every 24 hours instead of the hour that was planned.
- Is Inequality a Bigger Threat than the Islamic State? (David Rothkopf, Foreign Policy) Rothkopf says that in the age of fear, the sensational always overtakes the important. Yes, the Islamic States and Ebola are serious threats but they pale in comparison to “political and financial institutions at home that have been captured by the self-interested few and that are seeking to squeeze the hope out of Americans as no terrorist could do“. Econintersect: What Rothkopf is really questioning is the sustainability of the current direction of the country.
- Articles about conflicts and disease around the world
Momentum to Fund Ebola Vaccine Research Grows in Congress (Foreign Policy)
In Ebola Outbreak in Liberia, a Family’s Strength Can Be Its Fatal Flaw (The New York Times)
Can the U.S. Defeat ISIS Without Removing Assad? (The Atlantic)
Rout of Moderate Rebels Leaves Obama With Vexing Syria Options (Foreign Policy)
Islamic State advances halted in some areas of Iraq, U.S. defense officials say (The Washington Post)
$300,000 an Hour: The Cost of Fighting ISIS (The Atlantic)
Ukraine, separatists revving for resumption of full-fledged war (Los Angeles Times)
Russian warships ‘heading to Australia’ (abc.net.au)
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