Early Bird Headlines 18 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.
U.S.
EU
Germany
- German politicians admit Greece has case for wartime reparations (The Guardian) Social Democrats and Greens break ranks with Merkel as relations between Berlin and Athens deteriorate over Greek attempts to renegotiate bailout terms.
- Nazi Archives Will Support Greece’s Escalating Claims For German War Reparations (Tyler Durden, Zero Hedge) Greek court judgements do, as well.
Israel
- Netanyahu Sweeps Aside Herzog’s Challenge to Win Israel Vote (Bloomberg) The incumbent has won 29 seats vs. Harzog’s 24 in a surprise come-from-behind victory.
China
- The Secret to Making China’s Economy Grow Forever (Foreign Policy) Developed countries from the U.S. to Korea have all hit a growth rate ceiling as they’ve grown richer. Will this be China’s fate?
- China property slide accelerates, consumer confidence falls (abc news) New home prices last month fell at the fastest pace on record. At the same time, the ANZ China consumer confidence survey has declined to a record low in March.
Japan
- BOJ maintains stimulus but sees inflation weakening to ‘around zero percent’ (The Japan Times) Still looking for economic growth to save the day. After 25 years?
South Korea
- There Are a Lot More Jobless South Koreans Than You Think (Bloomberg) Discouraged worker situation in South Korea worse than in U.S.
Australia
- A new vision for China–Australia relations (China Spectator) A long-term perspective is needed.
Argentina
- Citigroup to stop Argentina bond payments amid turmoil (Reuters) The bank will exit as custodian after a U.S. judge refused to lift an injunction that blocked the bank from processing interest payments on $2.3 billion of Argentina bonds.
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