Early Bird Headlines 23 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
U.S.
- Facebook Is Hiring Like Crazy (Bloomberg Business) Headcount is up 48% in a year. First quarter earnings are announced to day and many think Facebook may disappoint, especially on revenue, because they have already revealed than sales have fallen short of estimates. With the rapid headcount growth it is hard to see how earnings could nut suffer if revenue falls short.
- Why ISIS is luring so many Americans to join its ranks (CNN) U.S. prosecutions of would-be ISIS recruits have exploded with at least 25 people been detained since January, a dramatic increase from last year. It appears that many of these are “self-radicalized” after seeking out ISIS propaganda.
- 9 states running out of water (Yahoo Finance) Hat tip to Keith Jurow.
EU
- European officials may be pushing regime change in Greece (Al Jazeera) While the Greek government cannot do anything to replace its negotiating partners with people more to their liking, the European officials on the other side seem to believe they can do exactly that. And it is becoming increasingly clear that this is their current strategy. These destabilization efforts are causing further economic damage (Op Ed by Marc Weisbrot, who has contributed to GEI.)
- Mediterranean migrants crisis: EU to hold emergency summit (BBC News) Death toll so far this year is 1,750, almost half this past Sunday.
Russia
India
- Modi’s deafening silence on activist assassinations (Al Jazeera) If left unchallenged, a hateful far-right ideology will shatter the dream of a pluralistic and democratic India. In February two gunmen shot the veteran left-wing activist Govind Pansare, 81, and his wife, Uma Pansare, 78, during their daily morning walk, not far from their home in the western Indian state of Maharashtra. Govind died from his wounds.
China
- China’s factory activity falls to one-year low (CNBC) The HSBC Markit PMI “Flash” (preliminary) reading is 49.2. This was down from March reading 49.6, which also had been the forecast for this month. Readings below 50 indicate contraction.
Chile
- Volcano erupts in Chile, hundreds evacuated (Al Jazeera) The Calbuco volcano has erupted for the first time in more than 40 years with a billowing plume of ash and smoke over a sparsely populated area. More than 1,500 people have been evacuated for safety in the event a caldera collapse occurs and pyroclastic flows are initiated.
Cuba
- Pope Francis to visit Cuba in September (BBC News)
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