Links November 13

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.


  • 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


  • 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


  • 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?


  • 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.


  1. Re: Labor suspends Obeid over ‘shocking’ allegations

    Only once in my voting life have I preferenced the Coalition ahead of the ALP (neither party is my first preference) and that was the last NSW state election.

    NSW Labor reeks.

    • Agreed but unfortunatly their influence permeates the whole party.
      Mark Arib and Roosendael are old mates and Arib was instrumental in the Rudd coup.
      I cant understand why the people of NSW are baying for the deregistration of the labor party for 3 years after the crap that is going on. This Obeid stuff was well known as well as the Tripodi stuff aided and abetted by KK.
      I cant vote for the Libs either as there is already circumstanstial evidence re their assistance and paybacks to their various sub factions as well.

  2. Chinese secure northern foodbowl as row over Ord River lease continues

    “CHINESE property development conglomerate Shanghai Zhongfu has won the sole right to develop 15,200ha of high-value irrigated agricultural land in northern Australia after the state and federal governments spent $510 million of taxpayer funds building road, irrigation, port and local community infrastructure to support the deal.”