Early Bird Headlines 14 April 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
- Dollar’s Rise Reshuffles Global Economy Into Winners and Losers (Bloomberg) The losers are the U.S. and China, as well as commodity producers, whose exports are being hurt and losers are countries like Germany and India whose exports are more favorably priced and for which energy ciosts are coming down.
- There All Along: “Exceptional” Slowdown of the Gulf Stream From Greenland Melt (Truthout) Hat tip to Rob Carter.
U.S.
- The $9 Trillion Short That May Send the Dollar Even Higher (Bloomberg Business) Sovereign and corporate borrowers outside of the U.S. owe a record $9 trillion denominated in the U.S. currency, effectively creating a “structural short” on the dollar. The proposition is that short covering will drive the dollar higher.
- Signs Now Point to a ‘Sustainable’ Recovery (Realtor Mag) The ever optimistic National Association of Realtors is more optimistic than usual.
- Key Reversal Day SPY (Marketfy)
Italy
- Italy Opens the Door to Disaster (Foreign Policy) Italian officials are turning a blind eye to the Syrian refugees fleeing the country for Northern Europe. And even the refugees themselves are worried that anyone could be traveling in their midst — even terrorists with the Islamic State.
Gaza
- Nearly 50 Aid Agencies Charge International Community Failing People of Gaza (Common Dreams) Hat tip to Rob Carter. The Association of International Development Agencies finds that, six months after global donors pledged $3.5 billion, only a quarter of funds have been disbursed.
- ‘Gaza Is a Tomb’ (Foreign Policy) Militias are once again arming up, training men and women, and preparing for the inevitable war with Israel. If you have people with nothing to do they will find something.
Iran
- Deal or No Deal? Actually, That’s Not the Right Question. (Foreign Policy) There are plenty of good reasons why the Iran deal matters — but the bomb isn’t one of them.
India
Japan
- Nuclear power to be less than 20% of Japan’s energy mix in 2030: sources (The Japan Times) This will be somewhere around 2/3 of the level before Fukushima.
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