Early Bird Headlines 27 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.
Global
- Oil prices fall more than $1 as supply threat eases (Reuters) Friday trading in Asia produced sharp declines of more than $1 in oil as concerns about supply disruption eased.
U.S.
- Run Warren Run Gets a Reboot (Bloomberg) The demise of the draft Elizabeth Warren campaign has been overstated.
- 2016 Republican Presidential Nomination (Real Clear Politics) Announced candidate Cruz is far from front runner. Bush and Walker lead polling at present.
- US risks epic blunder by treating China as an economic enemy (The Telegraph) Hat tip to Marvin Clark, GEI Discussion Group, LinkedIn. Botched diplomacy by the Obama Administration is forcing Britain and other close allies to choose between the US and China.
- A History of Failure Hasn’t Stopped Speculators From Trading This Note (Bloomberg) Trading the VIX through an ETN (iPath S&P 500 VIX Short-Term Futures – NYSE:VXN) has proven quite unprofitable for many but there are still lots of takers.
Greece
- Syriza May Bring a Modern Railway in Greece to a Grinding Halt (Bloomberg) Government is resisting the rush to privatize government assets.
Yemen
- Why the Crisis in Yemen Could Get Ugly Very Fast (Kent Moors, Money Morning) Kent Moors has contributed to GEI.
- Yemeni leader Hadi leaves country as Saudi Arabia keeps up air strikes (Reuters) President Hadi has fled to Saudi Arabia.
China
- What Went Wrong With U.S. Strategy on China’s New Bank and What Should Washington Do Now? (China File)
- China’s rise confounds a splintered west (Financial Times) British opportunism is met with US fumbling.
- Outbound Chinese buyers confounding the doubters (Reuters) Chinese companies have invested almost $400 billion in foreign companies over the last devade with results that may be better than some would have predicted.
- Banks Slash Dividends as Loans Sour From Beijing To Pearl River (Bloomberg) China’s biggest banks are accelerating cuts to their dividend payouts as bad debts pile up from struggling exporters, coal companies and manufacturers.
Argentina
- Argentine court dismisses Cristina Fernandez case (BBC News) Courts find no evidence exists to connect the president with a deadly 1994 bombing in Buenos Aires.
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