They went with songs to the battle, they were young.
Straight of limb, true of eyes, steady and aglow.
They were staunch to the end against odds uncounted,
They fell with their faces to the foe.
They shall grow not old, as we that are left grow old:
Age shall not weary them, nor the years condemn.
At the going down of the sun and in the morning,
We will remember them.
Lest we forget…
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Global Macro / Markets:
- Unwilling Trans-Pacific Partners – WSJ
- GE’s $57 Billion Cash Overseas Said to Fuel Alstom Deal – Bloomberg
- Apple Stock Split Removes Obstacle to Inclusion in Dow – Bloomberg
- Strip private banks of their power to create money – FT
- Thomas Piketty is Absolutely Right – New Republic
North America:
- Exclusive: White House considers former banking lawyer for Fed board – sources – Reuters
- Chinatown’s American Dream: Meet the migrant workers who sleep packed into tiny $9-a-night New York cubicles, while families share meals in a space the size of a cupboard – Daily Mail
- Weekly Initial Unemployment Claims at 329,000 – Calculated Risk
- Obama to Russia: More sanctions are ‘teed up’ – AP
- GM posts lower first-quarter profit after recall costs – Reuters
- Why the housing market has slowed. – Real Time Economics, Sober Look
Europe:
- U.S. responds to Russian aggression in Ukraine with military exercises in Eastern Europe – McClatchy
- Ukraine: From Crisis to Catastrophe – Counterpunch
- Ukraine forces kill up to five rebels, Putin warns of consequences – Reuters
- Vienna Banks Bemoan Russia Sanctions Testing Cold War Neutrality – Bloomberg
Asia:
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- Japan’s shipyards are busy once again. – Bloomberg
Local:
- Plans for $1bn climate top-up – Oz
- Mums must come back to work – Oz
- Tighten your belts, the budget is coming – AFR
- Rudd and co front pink batts commision – AFR
Other: