Links November 19

Global Macro:

• Gaza conflicts continues for 5th day Washington Post as a ground invasion looks more likely Guardian
• Iran denies involvement Reuters
• How to end the war Foreign Affairs
• Kyle Bass: Fallacies such as MMT are “Leading the sheep to slaughter” … ZH
• Transatlantic Divergence Krugman
• Volcker and Ludwig: Banks need long-term rainy day funds WSJ

North America:

• Schedule for the week ahead Calculated Risk
• US energy is changing the world again FT

Europe:

• S&P takes various ratings actions on Dutch Banks Reuters
• Human cost of Spain’s financial disaster FT
• Thousands of police march in Spain austerity protest France24, and the Czechs are at it too.
• Croatia: A sign of optimism for the EU? Al Jazeera
• Privatising Greece, Slowly but not surely NYT
• IMF urges permanent solution for Greece FT, as Germany sees no risk of IMF pulling out Ekathimerini
• France blows up at Economist’s ‘ticking time-bomb’ cover Guardian UK

Asia:

• Bankruptcy sweeping clothing exporters in Fujian Want ChinaTimes
• Greater China takes on nearly 25% of the global luxury market Want China Times
• China visits to Japan drop 33% on island dispute Japan Times
• Japan closing in on China as largest holder of US debt The Big Picture

Local:

• Growth heading for cliff in Australia, says Chaney AFR…. Now where have I read that before?
• Labor’s rising vote grinds to a halt AFR
• Death on the Murray as trees wiped out The OZ (Locked)
• Property price drop brings back buyers AFR
• IMF’s harsh words for banks fall on deaf ears Chris Joye
• Battling Forrest loses a crusader SMH

Other:

• Russia demands broad UN role in Net governance , leak reveals CNet
• Crave a Twinkie? AP
• Windows 8 is bombing, plenty of blame to go around WinSuperSite

Mother nature created a temporary mountain range in the sky over Brisbane on Sunday afternoon. Here’s my snap just before events really kicked off.