Weekend links

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North America:

Europe:

  • EU summit delays crucial decisions FT
  • EU moves to cap bank bonuses at 2 times annual salary CBC
  • Europe wins a battle, but not yet the war WSJ
  • Banks spurn Europe bond rush amid central bank largesse Bloomberg
  • German-French sparring over euro caps 2012 crisis fight Bloomberg

Asia:

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Local:

  • Gillard under pump to dump surplus. AFR Never before, in the history of economics, have so many, agonised so much, over so little.
  • RBA fears currency wars. AFR I fear a dithering RBA
  • ANZ bags $100 million on delayed rate cuts. SMH
  • The case for company tax cuts is weak. Ross Gittins
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.