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.
- Australia Growth Slows, Sending Aussie to Four-Year Low: Economy (Michael Heath, Bloomberg) Reduced government expenditure and a slowdown in mining have reduced Australia’s GDP growth rate for the second quarter in a row. Quarter-over-quarter GDP grew by 0.3%. Over the last two quarters the annual rate of growth has been 1.6% and year-over-year growth has been 2.7%. The AUDUSD air was driven down below 84 on the news. See also GDP data show Australia in income recession; falling dollar a ‘silver lining’ (Michael Janda, abc.net.au)
- Ashton Carter To Replace Defense Secretary Hagel (Ginger Gibson, International Business Times) The proposed nominee appears to be “safe” as this article says he will likely have an easier time facing Republican questions than some other possible candidates. Carter might be considered a career DoD (Department of Defense) appointee, having served in three previous appointments under both Presidents Obama and Clinton. The IBT article says that, although he is considered likely to get approval, his confirmation hearings will offer an occassion for the Obama middle east policy to be discussed. Carter will have to answer questions about how he sees that policy developing going forward.
- 10 Most In-Demand Jobs For 2015 (Financial Advisor) All 10 in just 4 fields: Health (4), Internet/IT (3), Sales/Marketing (2) and Engineering (1).
- Articles about events, conflicts and disease around the world
Ferguson Grand Jury Witness Testimony Disagrees On Events Leading Up To Michael Brown’s Death (International Business Times)
Pack of teens beats man to death near Ferguson, but protests sparse (Fox News)
Four Denver cops hit by car amid Ferguson protest; one in critical condition (The Denver Post)
Belgian expert: WHO messed up Ebola response (Al Jazeera)
What the US doesn’t understand about ISIS, & must learn soon (Fabius Maximus) FM has contributed to GEI.
‘Turkey and Russia split politics from economics’ (RT)
Inside Kobani, scenes of devastation on every side (CNN)
Syria Goes Dark (Zero Hedge)
Sydney student Taha ElBaf and three brothers in Syria ‘fighting for Islamic State’ (The Sydney Morning Herald
ISIS Takeover In Iraq: Mosul University Students, Faculty Uncertain About The Future Of Higher Education (International Business Times)
Ukrainian PM reports accident at nuclear power plant (Reuters)
NATO announces new support for Ukraine Alliance to activate four trust funds for Ukraine army as it condemns Russia’s “deliberate destabilisation” of Kiev. (Al Jazeera)
With Russia on Brink of Recession, Putin Faces ‘New Reality’ (The New York Times)
Rouble sinks to new lows as Russia’s problems mount (BBC News)
Hong Kong’s stand-off is heading for a showdown – and Xi’s future is at stake (Minxin Pei, Financial Times)
Mexican Missing Students Update: National Mobilization for Peace in Mexico Marches Held To Protest Drug War (International Business Times)
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