Links 15th October

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Global Macro:

North America:

  • Fed reserve flirting with higher inflation Reuters
  • Schedule for the week ahead Calculated Risk
  • Glenn Hubbard is Romney’s go-to economist NYT
  • The final word on Mitt’s tax plan Bloomberg

Europe:

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  • German Bundestag president calls for temporary stop to EU expansion Reuters
  • Eurozone mulls new ways to cut Greek debt mountain Reuters
  • Greece poised to leave euro, Swedish finance minister says Telegraph UK
  • Yet, a grexit delayed if not denied FTAlphaville
  • Portgal, maybe on the mend FTAlphaville
  • Czech PM’s party suffers big loss in regional vote Reuters
  • Spaniards grap deals in bank sell-off of homes NYT , time to get that Spanish villa?
  • Portugal and Spain march against austerity, again Al Jazerra , AP
  • Spanish aid request from eurozone seen in November Reuters
  • Catholic church to lose historic property tax exemption in Italy RT ( h/t bullion barron)

Asia:

  • China trade surplus widens in September WSJ
  • But there were some seasonal effects, strong rebound unlikely Xinhua , and imports from Australia declined sharply by 18.0% YoY on price.
  • More from Reuters
  • China stimulus appropriate to counter slowdown: central bank Reuters. So not like last time then.
  • Women could save Japan’s economy: IMF Lagarde AFP , this is true but I suspect it’ll take an economic collapse or war for the required cultural change to be made.
  • Korean economy may grow in the 2% range next year Yonhap
  • While Indonesia is looking at 6.3% Xianhau

Local:

  • Domestic reform holds the key to the Asian century SMH
  • Relief for bosses on sacking laws after Labor delay Locked Oz
  • ASX chief hopeful of solution on high frequency trading BusinessDay
  • Signs of economic respite for Wayne Swan Locked Oz
  • Big four banks moving to out-deal mortgage brokers BusinessDay

Other/Interesting:

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  • There is no Nobel prize in economics Alternet, great read!
  • Syria bans turkey civilian flights over its territory BBC
  • Post reports mail demise SMH