Links December 18

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Global:

  • ECB publishes the Euro market study fro 2012 ECB
  • UBS said to face $1.6 billion libor penalty this week Bloomberg
  • Moody’s gets no respect as bonds shun 56% of country ratings Bloomberg
  • The economy and the stock market – a big disconnect NYT

North America:

  • Both parties in congress may have reason for January deal Bloomberg
  • Empire state manufacturing index indicates further contraction CalculatedRisk

Europe:

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  • Euro-area exports decline for second month amid recession Bloomberg
  • Bundesbank sees marked economic contraction in Q4 Bloomberg
  • Grexit expectations hit new lows SoberLook
  • Europe must work hard to maintain welfare system: Merkel France24 , FT
  • Turkish Jobless rate increases to 9.1% Bloomberg
  • One snowfall may herald a treble-dip recession for UK, analysts warn Mail Online
  • For Spaniards, having a job no longer guarantees a paycheck CNBC
  • Berlusconi is at it again Telegraph UK

Asia:

  • LDP landslide win clears pipes fro Japan fiscal spigot Bloomberg
  • Quality, efficiency to feature in China’s economy Xinhua

Local:

  • Fitch warns BoQ on bad debts AFR
  • Australia to cut aid to fund asylum seeker costs ABC
  • It’s written in the stars for 2013 News . Seriously? I don’t usually comment on links, but this is just embarrassing.
  • No relief on franking credits AFR
  • Iron ore surge helps bridge budget gap as deficit hits $18.5bn for Qtr The Oz
  • Stand-off with states over mining royalties AFR
  • Bouris and packer to deliver the goods SMH
  • Campbell Newman canvasses business for break from federal IR laws The Oz

Other:

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  • Homes destroyed as Fiji feels evan’s fury ABC
  • NRA continues to hide on-line TechCrunch
  • The year in Tech, 2012 The Atlantic
  • GravityLight phys.org Amazingly simple idea that will probably change millions of lives.