Early Headlines: Varoufakis Explains the Finger, Iran is Balking, Global War for Sand and More

Early Bird Headlines 29 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

• The Deadly Global War for Sand (Wired) The three things most used by humans on earth: Air, water and sand.
  

U.S.

• President Signs Order Making Ted Cruz Ineligible for Obamacare (The New Yorker) Andy Borowitz is at it again (as usual).
• How Chicago has used Financial Engineering to paper over its Massive Budget Gap (Medium) Read this. It’s complicated and disturbing – political “crime” perpetrated with the aid of banksters.
  

Greece

• Deescalating Europe’s Politics of Resentment (Yanis Varoufakis, Project Syndicate) Hat tip to Rob Carter. The Greek finance minister explains the famous finger, which far predated his joining the government. It was offered as a symbol of what would happen to the Greek people if private bank losses were transferred onto their shoulders. The losses were transferred and the Greek citizens suffered as predicted, aggravated by the imposition of austerity which further increased the degree of impossibility for repayment.
  

Yemen

• Why Yemen Is Roiling the Oil Markets (Bloomberg Business) Video
  

Iran

• Nuclear talks with Iran reach critical point (CNN) Hat tip to Alun Hill. France and Germany joined the U.S. and Iran Saturday and talks immediately hit a snag, with Iran standing firm on several sticking points that could jeopardize a deal.
• UN Sanctions Main Obstacle to Iran Nuclear Deal Hitting Deadline (Bloomberg Business) China joining France, Germany and the U.S. in talks with Iran today.
  

Ukraine

• Residents in Eastern Ukraine City Rally Against Separatism (The New York Times)

China

• More countries say to join China-backed AIIB investment bank (Reuters) Russia, Australia and the Netherlands join the parade.
  

Mexico

• Mexico Pledges to Cut Emissions 25% in Climate-Change Milestone (Bloomberg) Greenhouse gases will peak by 2026 and then fall rapidly.
  

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