Links 3 December 2013

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Global Macro / Markets:

  • Unilever CEO Says Emerging Market Slowdown to Last for Years – Bloomberg
  • Global factory growth picks up but Europe diverging – Reuters

North America:

Europe:

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  • UK manufacturing recovery in full swing as new orders boom – The Guardian
  • Thousands Demand Resignation of Ukraine Leader – New York Times
  • Banking union and the future of banking – European Union
  • November Final Eurozone Manufacturing PMI rises to 51.6 – Markit

Asia:

  • China’s imports of luxury watches fall amid corruption crackdown – Financial Times
  • China’s monetary squeeze collides with housing bubble – Financial Times
  • China Manufacturing Index Beats Estimates as Output Rises – Bloomberg
  • Japan’s yakuza mobsters becoming ’Goldman Sachs with guns’ – Yahoo

Local:

  • What is causing local gas prices to rise? – The Australian
  • Aussie markets may benefit as China lifts capital controls – The AFR
  • Slower online sales growth prompts GST queries – The AFR
  • Stamp duty makes job hunting too costly – The AFR
  • Abbott cautious about Qantas guarantee – The AFR
  • Abbott $1 billion fix in schools uproar – The Australian
  • Hockey, Greens in talk on debt limit – The Australian
  • Scheme to help jobless on hold – The Australian
  • Viable car industry a “challenging dream” – The Australian
  • Australian LNG exports are under threat from high costs – The Australian
  • Ford puts hand out for money – The Age
  • Gas majors, hot air and supply – The Age
  • Homing in on the drivers of growth – Business Spectator
  • Qantas debt deal might not fly with Abbott – Business Spectator
  • Abbott’s stark choice on car industry – The Guardian
  • Infrastructure is important, but the solution is not necessarily more of it – The Guardian

Other:

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  • When loans beat grants – Reuters
  • What Would Make Me Take Electronic Currency Seriously – nemoincognito
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.