Global Macro
- Impact investing forecast to double. FTfm
- Speaking of impact, micro equity proposed where micro loans fail. McKinsey
- Moscow urges direct US-Iran talks. Financial Times
- As Syrian opposition groups strike deal in Qatar. Reuters
- Meanwhile, UN urges restraint in the Golan Heights. Jerusalem Post
- Gold bug alert: China could boost holdings. Bloomberg
United States
- Deal can be done on fiscal cliff, say Republicans. Reuters
- Indeed, the GOP better find a deal, as demographic vulnerabilities bear on future election hopes. New York Times
- Obama is otherwise going to the public on deficit issue. Wall Street Journal
- A second woman appears in the Petraeus saga. Reuters
- Lance Armstrong quits Livestrong board. Bloomberg. About time.
Europe
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- BBC’s Newsnight may not survive Lord McAlpine scandal. Guardian. Nothing in the Broome Advertiser about this as they don’t have a website!!
- Lord Patten may not survive BBC chief severance scandal. Telegraph
- Investigative journalism may not survive at the BBC altogether. Times
- Greece, austerity budget, etc. New York Times
- Germany’s infantile crush on Obama. Spiegel
- Portuguese head to Mozambique for well-paying jobs. Washington Post. That’s why the Portuguese went there in the first place I suppose
Asia
- Japan’s economy shrinks an annualised 3.5%. Financial Times
- The question of reform: after Hu and Wen, what and how? The Atlantic. Paul Monk, the author, is a polymath Australian.
- Speaking of polymath Australians, John Garnaut’s piece on China’s Jacobins is brilliant. Sydney Morning Herald
- Another important piece from Australia’s best foreign correspondent: The children devour the revolution. Foreign Policy
- China’s banking leaders seek to calm growth concerns. New York Times
- China to give foreign investors greater access to shares, bonds. Financial Times
- Welcome to the North Korean internet. The Diplomat
Local
- NSW Labor moves to suspend Eddie Obeid on alleged $100m scheme. Sydney Morning Herald
- Be careful who you suspend. Clive Palmer threatens to sue LNP for his suspension. The Australian
- Bad news is a recurring theme for QBE. Adele Ferguson.
- Outsider Chris Jordan to head ATO. Financial Review
- Don’t limit abuse inquiry to the Catholic Church says Tony Abbott. The Australian
- Hardie non-exec directors fined $25,000, banned for two years. Financial Review. Good timing for the ABC’s mini-series Devil’s Dust, which concluded last night.
- SA jobs sink nuclear subs. AFR Errr, maybe becasue it is such a farcical idea?
Interesting/Other
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- Growth in renewable power increase need for grid-scale storage. Financial Times
- Globalisation and technology: The Philippines now a destination to learn English in. BBC
- Globalisation and technology: India’s $20 tablet computer to not only transform education, but the IT industry. Quartz
- Meanwhile, Apple’s patent truce with HTC doesn’t mean the war with Samsung or Google is over. Financial Times
- Climate change blamed for collapse of the Maya. Reuters. Nobody has blamed NSW Labor, yet.
- Nike’s FuelBand iPhone app – a security threat? HotHardware
- A South African version of the Illiad. Wall Street Journal.