Europe
Draghi Says ECB Forward Guidance May Help to Curb Euro (Bloomberg)
Why the ECB Should Buy American (Project-Syndicate)
Europe’s Middle-Age Trap (Project-Syndicate)
Paralysed ECB leaves Europe at the mercy of deflation shock from China (Telegraph)
Global house price league table: Spain and France languish (Telegraph)
United Kingdom
London Powers U.K. House-Price Growth to Fastest for 21 Months (Bloomberg)
Osborne Told to Curb U.K. Housing Aid to Prevent Bubble (Bloomberg)
Bank of England Seeks to Expand Clawback Rules (NYT Dealbook)
Russia/Ukraine
Putin Deports Executives for Speeding as Sanctions Loom (Blooomberg)
Merkel warns of ‘catastrophe’ as Russia holds new war games on Ukraine border (SCMP)
Referendum in Crimea brings anxiety to China (SCMP)
Putin’s Imperial Road to Economic Ruin (Project-Syndicate) (One of the very best Russian economic commentators)
China
Fresh corporate default tests China’s resolve (FT.com)
China Bond Risk Exceeds Ireland as Defaults Unavoidable (Blooomberg)
China Stimulus Decision Looms as Investment Slows (Blooomberg)
China’s Big Four Banks See $70 Billion Vanish From Stocks (Blooomberg)
China cracks down on mobile phone payments (FT.com)
Data points to broad slowdown in Chinese economy (SCMP)
GDP growth target flexible as jobs take priority, says Premier Li Keqiang (SCMP)
UBS Traders Found to Have Tried Rigging Hong Kong Rate (Bloomberg)
UBS Tried to Rig Interest Rate, Hong Kong Regulator Finds (NYT Dealbook)
China Premier Li Chooses ‘Softly, Softly’ Approach to Property Market (WSJ Real Time Economics)
Japan/India
Japan February exports seen accelerating; trade gap to narrow (Reuters)
Inside investment: Turning Japanese? (Euromoney)
India’s wholesale inflation eases to 9-month low, rates seen on hold for now (Reuters)
United States
Inflation Signs Lurk in Broader Labor Data Yellen Seeks at Fed (Bloomberg)
The Fed Absolutely Shouldn’t Give Up on the Long-Term Unemployed (Atlantic)
U.S. retail sales rebound from winter chill, jobless claims fall (Reuters)
The US government is suddenly set to tackle long-term unemployment (Quartz)
U.S. Criticized for Lack of Action on Mortgage Fraud (NYT Dealbook)
Canada
Is Canada’s economy paying the price for Mark Carney’s hands-off policy on the loonie? (Financial post) (Dear Glenn, they wouldn’t, would they?)
Macro Global Macro
…..commodities….
Coffee Cravers Ignoring Bean-Price Surge for Caffeine Fix (Blooomberg)
Coffee Doubles In One Quarter!!! (The Short Side of Long)
Does Copper’s Slide Signal A New Phase Of Deflation Risk? (The Capital Spectator)
…fish…
Boom industry with a catch (SCMP)
…the cretinist side of capitalism…
My Life as a Retail Worker: Nasty, Brutish, and Poor (Atlantic)
McDonald’s Workers Are Suing, and the Battle Is Going to Be Fascinating (Slate)
IMF economists offer countries tools to shrink inequality (Reuters)
Time to Adjust Overtime Pay (NYT Economix)
…Rio…
As prices in Rio de Janeiro soar, locals turn to ‘surreal’ currency (LA Times)
Angry Young Men Are Making the World Less Stable (Atlantic)
Pursuit of unconventional monetary policy may be in the market’s hands (SCMP) (another piece related to Rumplestatskins piece yesterday)
Banking Theory Disguised As Monetary Theory? (Seeking Alpha) (and again)
Australia and New Zealand
New Zealand raises interest rates (FT.com)
Lost in the paddock: Australia flying blind on farm ownership (The Conversation) (Chodley would find it easier to buy a few acres than to go urban…)
What is the future for Leighton as Hochtief moves in? (The Conversation) (Dear Wal, come back all is forgiven)
Too many loads on our roads when rail is the answer (The Conversation)
New Zealand dairy Fonterra pleads guilty after 2013 food-safety scare (SCMP)
Aussie Bond Romance Stirs as Westpac Says Buying Surges (Bloomberg)
Australian national accounts – oh, the irony (Bill Mitchell)
New Zealand bumps up interest rates as GDP flourishes (World Finance)
A fresh property spruik about upgraders and Chinese (Sydney Morning Domain)
Wage rise paranoia by bosses (Sydney Morning Domain)
Banks fall in behind Coalition’s financial advice reforms (Sydney Morning Domain)
Qantas jobs on ‘super highway out of the country'(Batmania Brunchtime Domain)