ECB: Stability and Prosperity in Monetary Union
European Union – 2 hours ago
Stability and Prosperity in Monetary Union
@TheStalwart: RT @ecb: Speech Mario Draghi: Stability and Prosperity in Monetary Union [link]
@ecb: Speech Mario Draghi: Stability and Prosperity in Monetary Union [link]
@Markit: RT @RichardBarley1:In LT, Draghi’s EMU speech today is vastly more significant vs last wk’s mon policy speech [link]
@Dvolatility: RT @ecb: Speech Mario Draghi: Stability and Prosperity in Monetary Union [link]
Oil price fall starts to weigh on banks
Financial Times – 19 hours ago
Banks including Barclays and Wells Fargo are facing potentially heavy losses on an $850m loan made to two oil and gas companies, in a sign of how the dramatic slide in the price of oil is beginning to reverberate through the wider economy. ...
@JimPethokoukis: Worth monitoring, right? | Oil price fall starts to weigh on banks - [link] [link] via @FT
@TFMkts: RT @MOstwald1: "@edwardnh: Oil price fall starts to weigh on banks - @tracyalloway [link]" and watch out for how it may hit…
@FGoria: Oil price fall starts to weigh on banks [link]
@prchovanec: RT @FT: Oil price fall starts to weigh on banks [link]
@TheStalwart: RT @tomkeene: Oil price fall starts to weigh on banks - [link] [link]
@Markit: RT @ftcommodities: Oil price fall starts to weigh on banks [link]
@tomkeene: Oil price fall starts to weigh on banks - [link] [link]
@edwardnh: Oil price fall starts to weigh on banks - @tracyalloway [link]
ECB: Weak economic prospects exacerbate financial system risks - Financial Stability Review
European Union – 3 hours ago
Weak economic prospects exacerbate financial system risks - Financial Stability Review
Lack of troika deal leaves Greek coalition looking at bailout extension
macropolis.gr – 5 hours ago
Hopes that a second round of talks between Greece and the troika in Paris would bring about a swift conclusion to the programme review were dashed on Wednesday when negotiations ended without any significant agreement.
Microsoft Appears To Pre-Announce Its Purchase Of Email Startup…
TechCrunch – 12 hours ago
Whoops. Welcome to literal fait accompli. A short, unfinished blog listed as written by Microsoft corporate vice president Rajesh Jha hit the RSS wires..
Business Insider: The 10 Most Important Things In The World Right Now
@JacobWolinsky: Talk about innovation! Microsoft Appears To Pre-Announce "Its Purchase Of Email Startup"… - TechCrunch [link] via @feedly
@naufalsanaullah: “@tylerwillis: Microsoft buying Acompli is pretty smart. [link]” 100%. Great move
@raju: Buyer Beware: First a misfired @Twitter acquisition DM. Now a @Microsoft acquisition blog url [link]
@Techmeme: Microsoft Appears To Pre-Announce Its Purchase Of Email Startup Acompli (@alex / TechCrunch) [link] [link]
Turkzilla! The shape of Thanksgivings to come
The Economist – 6 hours ago
Throughout recorded history, humans have reigned unchallenged as Earth’s dominant species. Might that soon change? Turkeys, heretofore harmless creatures, have been exploding in size, swelling from an average 13.2lb (6kg) in 1929 to over 30...
Fuss Says Buy Stocks Not Bonds to Play Abenomics: Japan Credit
Bloomberg – 11 hours ago
Dan Fuss, whose bond fund beat 99 percent of peers over the past five years, says stocks not government notes are the best way to profit from Prime Minister Shinzo Abe’s push to create jobs.
Something to be thankful for: the US government has finally stopped holding back the recovery
Financial Times – 20 hours ago
It’s no secret that spending cuts (and tax hikes) have retarded America’s growth for the past four years. But data from the Bureau of Economic Analysis suggests that the era of austerity may finally have ended. The following chart shows ...
Business Insider: Conservatives Will Hate This: Proof That Government Spending Cuts Hurt Economic Growth
Abnormal Returns: Wednesday links: inheriting the mill
@MarkThoma: Something to be thankful for: the US government has finally stopped holding back the recovery - FT Alphaville [link]
@Frances_Coppola: Something to be thankful for: the US government has finally stopped holding back the recovery | FT Alphaville [link]
@prchovanec: RT @M_C_Klein: More than half of govt austerity since 2010 come from defense cuts [link] [link]
The Only State That Allows Prostitution Just Banned Uber
Business Insider – 18 hours ago
Uber’s refusal to comply with the necessary state licensing requirements could put the public’s safety at risk.
Joshua Wong flanked by police as he arrives in court following Occupy arrest
scmp.com – 9 hours ago
Scholarism leader Joshua Wong is due to appear in court today charged with obstructing a public officer, following his arrest as police cleared Occupy barricades in Mong Kok yesterday....
Traders May Avoid Libor Fines After FCA Misses Deadline
Bloomberg – 1 day ago
Traders facing penalties from British regulators over their involvement in rigging Libor may avoid being fined after the U.K. Financial Conduct Authority missed a deadline to take action, three people with knowledge of the matter said.
@davidenrich: Oops. UK regulator missed deadline to impose #Libor-rigging fines on former traders. [link]
Here Is The City: Libor traders may avoid fine after deadline passes
@Ian_Fraser: Due to a f**kup by @theFCA, Libor rigging traders expected to escape punishment [link] << #justgreat
@JacobWolinsky: This is a joke right? @BloombergNews Libor-rigging traders may avoid fines because the U.K. FCA missed a deadline: [link]
The Astonishing Rise of Angela Merkel
New Yorker – 3 days ago
George Packer profiles the most powerful woman in the world.
@TheStalwart: Big story in The New Yorker about the rise of Angela Merkel. Great photos, too. [link] [link]
Marginal Revolution: Random Thanksgiving thoughts
@M_C_Klein: “Schadenfreude is Merkel’s way of having fun” <-- the one line that explains everything in Europe since 2009 [link]
@jennablan: RT @TheStalwart: Big story in The New Yorker about the rise of Angela Merkel. Great photos, too. [link] [link]…
@Ian_Fraser: RT @longform: "The Astonishing Rise of Angela Merkel" The most powerful woman in the world: [link] #editorspick http://t.co…
@AmyResnick: RT @richarddeitsch: The @newyorker profiles Angela Merkel, the most powerful woman on the planet: [link]
@LemaSabachthani: “she had learned self-discipline, strength of will, and silence as essential tools” [link] [link]
@moorehn: The astonishing rise of Angela Merkel: today’s longread, via @longform. [link]
Keynes Is Slowly Winning
New York Times – 23 hours ago
In the long run, wrong ideas are sort of dead.
@Noahpinion: Krugman: Keynes is slowly winning the media battle against the austerians: [link]
@Convertbond: Comedy Central 101 RT “@NYTimeskrugman: Keynes Is Slowly Winning [link]”
reddit/Economics: Keynes Is Slowly Winning
@petercoy: RT @NYTimeskrugman cites @BW cover as evidence that Keynes is the New Keynes [link] [link]
Marginal Revolution: Keynes is slowly losing (winning?)
Falling apart: America’s neglected infrastructure
CBS News – 3 days ago
Steve Kroft reports on why our roads, bridges, airports and rail are outdated and need to be fixed
reddit/Economics: American infrastructure is now completely falling apart. Roads, bridges, airports and rail are all outdated.
@DividendMaster: Falling apart: America’s neglected infrastructure [link] SHITS BROKE
@MattGoldstein26: RT @brianstelter: Here’s the much-tweeted-about @60Minutes story about U.S. infrastructure: [link]
@LaurenYoung: RT @brianstelter: Here’s the much-tweeted-about @60Minutes story about U.S. infrastructure: [link]
@JacobWolinsky: Falling apart: America’s neglected infrastructure - CBS News [link] via @feedly
@edwardnh: Falling apart: America’s neglected infrastructure - CBS News [link]
Abnormal Returns: Podcast Friday: growing ambitions
@moorehn: I and others have been writing about this for 10 yrs RT @60Minutes: Falling apart: America’s neglected infrastructure [link]
iPhone 6 And 6 Plus Are Shifting Reading Away From iPad, Study…
TechCrunch – 22 hours ago
When Apple unveiled the iPhone 6 and 6 Plus, it seemed likely that the larger screens on the devices would naturally lead to them assuming some of the..
@maoxian: MT @niubi haven’t touched my iPad since got 6+ except 2 put in drawer [link] | Less true if you used iPad mini before.
@niubi: "iPhone 6 & 6 Plus Shifting Reading Away From iPad-Study" haven’t touched my iPad since got 6+ except 2 put in drawer [link]
@DasanRedux: RT @dschorrnyc: iPhone 6 And 6 Plus Are Shifting Reading Away From iPad, Study Finds [link]
Yellen’s ’optimal’ model calls for rate hike this year, in theory
Reuters – 15 hours ago
Federal Reserve Chair Janet Yellen has said the tenor of economic data will decide when the U.S. central bank raises interest rates. Surprisingly, a data analysis based on Yellen’s own priorities
@DougKass: ellen’s ’optimal’ model calls for rate hike this year, in theory [link]
reddit/Economics: Yellen’s ’optimal’ model calls for rate hike this year, in theory
@SconsetCapital: Hypothetically, potentially.RT @jennablan: Yellen’s ’optimal’ model calls for rate hike this year, in theory [link]
Greek bond yields act as eurozone ‘fear gauge’
Financial Times – 16 hours ago
Greek government bonds – which frequently flag trouble ahead in Europe – are twitching again. Yields on 10-year Greek debt, which move inversely with prices, jumped sharply on Wednesday, back above 8 per cent. The market’s latest worry appe...
Waze Co-Founder Says New Startup Is the ’Robin Hood of Wall Street Fees’
entrepreneur.com – 12 hours ago
Uri Levine’s new company strives to put money back into the hands of investors and consumers.
FDIC Ex-Chief Sheila Bair Joins DLA Piper in Washington
Bloomberg – 14 hours ago
Sheila Bair, the former Federal Deposit Insurance Corp. chairman, has joined DLA Piper as a senior policy adviser in the firm’s Washington office.
Cheap energy is the new cheap labour
Financial Times – 18 hours ago
The price of oil keeps on falling; the shale gas boom has reduced the price of natural gas in the US to a third of that in France; Germany has appealed to Sweden for its support in expanding two coal mines; and the EU’s effort to switch to ...
Hostel occupies Moscow financial district tower as 50% vacancies loom
New York Times – 1 day ago
Moscow City was envisioned as a hub of emerging market finance, but Russia’s recent sanctions and economic troubles have kept buildings largely empty.
Business Insider: Russia Now Has ’A $12 Billion Reminder’ Of Its Money Problems
@TomLasseter: What is happening in the bottom left corner of this photo from Moscow’s financial district? [link]
@samgadjones: In Moscow’s shiny, hollow financial fantasy, "It is not a youth-hostel-themed work space, but an actual youth hostel" [link]
@prchovanec: RT @nytimesbusiness: In Moscow, a sputtering financial district is expected to be half-empty next year [link]