Early Bird Headlines 09 March 2015
Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.
UK
- Barclays and Deutsche traders face Euribor questioning (Financial Times) FT says investigations could go on for years.
Greece
- Creditors Reject Greece’s Reform Proposals (Bloomberg Business) Hat tip to Matt Stoller. “It seems their money box is almost empty.” – Eurogroup finance chairman Jeroen Dijsselbloem of the Netherlands.
- Austerity Is Not Greece’s Problem (Project Syndicate)
- Greece goes back into depression – having never left it (billy blog)
Turkey
- Istanbul gives Turkey’s budget a boost (Hurriyet Daily News) Istanbul provides almost half of Turkey’s tax revenues; 80 % comes from Istanbul, Ankara, Ismir and Kocaeli.
- ISIS commander treated in Turkish hospital ‘like all other citizens’ (RT)
- Saudis trying to woo Turkey into joining anti-Iran axis (Haaretz)
- Turkish-US ties constantly sinking, says top academic (Hurriyet Daily News)
Iran
- The Ayatollah? Look, he’s not sick, Iran says (CBS News) Iran’s supreme leader Ayatollah Ali Khamenei made a public appearance Sunday amid rumors about his health.
China
- Can China hatch a middle income escape plan? (China Spectator) China’s “old development model is vecoming increasingly unworkable“.
- The Coming Chinese Crackup (The Wall Street Journal)
Taiwan
- United Daily News: Jack Ma triggers cross-strait battle for talent (Focus Taiwan) Alibaba offers start-up deals to Taiwanese young people who are finding themselves trapped in a social and economic atmosphere dominated by low wages and high unemployment.
North Korea
- N. Korean Diplomat Caught Smuggling $1.7 Mil in Gold (Armstrong Economics) This blog post has no link to a source of the information.
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