Links 15 April 2013

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ScreenHunter_01 Apr. 02 06.19

Global Macro/Markets:

North America:

Europe:

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  • German ‘Wise Men’ push for wealth seizure to fund EMU bail-outs – The Telegraph
  • Cyprus to ease citizenship requirements, attacks EU hypocrisy – Reuters
  • Germany puts brakes on EU bank union with treaty call – Reuters
  • Troika concludes Greek bailout review, next aid tranche soon: source – Reuters
  • Balance-sheet repairs in European banks – VOX
  • From heart attacks to maternal care: the human cost of austerity in Greece – opendemocracy.net
  • Portugal’s elder statesman calls for ‘Argentine-style’ default – The Telegraph
  • Dutch government to rein in austerity in break from EU policy – The Telegraph
  • Cyprus goes from bad to worse by the day; so does Portugal – The Telegraph
  • Manufacturing Returns to USA (Jobs Not So Much) – The Big Picture
  • Euro-Area Industrial Output Surpasses Forecasts – Bloomberg

Asia:

Local:

  • Priorities + politics = poor policy – The AFR
  • Property market momentum grows – The AFR
  • Shares face losses on commodities rout – The Age
  • Lower funding costs lift profits – The Age
  • Vic Government takes axe to bureacracy – The Australian
  • Costs, productivity, threatens mining projects – The Australian

Other:

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  • The Terrifying Reality of Long-Term Unemployment – Matthew O’Brien – The Atlantic
  • News is bad for you – and giving up reading it will make you happier – The Guardian
  • Which makes us more miserable: inflation or unemployment? – Washington Post
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.