Early Bird Headlines 20 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.
- No. 11 UCLA stuns No. 6 SMU 60-59 on rare 3-pointer (Associated Press, MSN News) Here is the rule:
… basket interference is the violation of (a) touching the ball or any part of the basket while the ball is on the rim of the basket, (b) touching the ball when it is within the cylinder extending upwards from the rim, (c) reaching up through the basket from below and touching the ball, whether it is inside or outside the cylinder, or (d) pulling down on the rim of the basket so that it contacts the ball before returning to its original position.
Click on picture for video loop showing the play – You be the referee.
- IBM outlines plan to revamp business for investors (AP, Phys.org) Hat tip to Lynn Wheeler. Headline is wrong – should be “IBM Outlines for Investors Plan to Revamp Business“. IBM’s CEO says the company’s plan to revamp its business to shift away from hardware and focus on business analytics, cloud computing, mobile services and security is on track.
- Thoughts about monetary and fiscal policy in a post-inflation world (Brookings) Alice Rivlin thinks the primary concern right now is financial stability and not inflation.
- Let’s Give Edward Snowden the Same Deal General Petraeus Got for Leaking Info (The Nation) Hat tip to Roger Erickson.
Greece
- Rob Parenteau: “Goebbelnomics – Austerian Duplicity and the Dispensing of Greece (Naked Capitalism) Parenteau says that what is going on is “an exercise in class discipline, writ large“.
Germany
- Deutsche Bank should split (Financial Times)
Senegal
- Bucking the trend, this African leader wants to shorten his term in power (The Washington Post) President Macky Sall has introduced legislation to reduce presidential terms from 7 years to 5.
Israel
- A New Voice for Israel’s Arab Citizens (Foreign Policy)
Israel wasn’t going to change its policies toward Palestinians no matter who won the election. But with the third-largest party in the Knesset, Arabs can find a silver lining in the new political landscape. - Netanyahu steps back from full opposition to Palestinian state (The Washington Post)
Russia
- Vladimir Putin’s Russia is treading water in a sea of red ink (Reuters)
- From Munich to Kyiv (Project Syndicate) The Russian posture vis a vis Ukraine is simple: Stop the eastward progression of democracy.
China
- Don’t count on a Chinese crackup (China Spectator) ‘Always predict disaster’, a shrewd academic economist told me some years ago. ‘If it happens, you are proved right. And if it doesn’t, then catastrophe was avoided by people heeding your wise and timely advice!’
- Just As Global Oil Glut Deepens, China to Cut Oil Imports (Alternative Economics)
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