Links 20 August 2012

Global Macro:

  • Iron ore on alert as China cuts steel output AFR , you were warned.
  • German FinMin: No new aid program for Greece Reuters , BusinessInsider

United States:


  • Merkel Mulls easing Greece bailout terms , lawmakers says Bloomberg
  • Support grows in Germany for vote on giving up power to European Bloc NYT
  • Budget breather for Greece would spur economic recovery Reuters
  • Sure it would, but instead find another €2.5bn Ekathimerini
  • Small states squabble over euro zone’s future Reuters
  • Spain says there must be no limit set on ECB bond buying Reuters
  • French finance minister sees economy growing in 2013 Reuters
  • ECB could assume supervision in bank union: Demetriades Reuters
  • Alistair Darling urges George Osborne to ‘act now’ on economy BBC


  • Japanese activists hold national flag on Uotsuri island AP
  • Anti-Japanese protests sweep China FT
  • New home prices rise in 49 cities in July Also Sprach Analyst
  • More China links in the daily post from Sinocism


  • The great tax bind: how to get it and not lose investors Gittins!
  • Please sir can I have some less SMH
  • Research finds banks being ‘cute’ with funding costs claims BusinessDay
  • Chi-X wants monopoly cleared up BusinessDay
  • Shorten backs push for low dole The OZ locked
  • NSW gears up to sell power network assets AFR
  • Westfield to cuts workforce in re-vamp The Oz locked
  • China and India can’t grow forever. AFR


  • Rise of the robots: Skilled work without the workers NYT
  • Mine violence hits at South African political power nexus Reuters
  • Assange berates US from Ecuador embassy balcony Reuters