Global Macro/Markets:
- Financial system ‘waiting for next crisis’ – Financial Times
North America:
- Speech: Bernanke, The Ten Suggestions – Federal Reserve
- Deficit Deal Even Less Likely – Wall Street Journal
- Risk-Averse Culture Infects U.S. Workers, Entrepreneurs – Wall Street Journal
Europe:
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- Eurozone’s manufacturing downturn eases in May – BBC
- A Greek bond raid – Financial Times
- Germany to help Spain with 1 bln euros – Reuters
- Austerity, like a B-movie monster, will keep coming back – Financial Times
- European PMI – Business Insider
- ECB: Strengthening financial resilience – ECB
- European youth unemployment: nowhere near 25 per cent – Financial Times
- Draghi Sees Signs of Stabilization in ‘Challenging’ Economy – Bloomberg
- Bank of England reports 300 million sterling fall in FLS lending in first quarter – Reuters
- UK Funding for Lending Scheme fails to spur credit creation – Financial Times
Asia:
- China Reaps Biggest Benefits of Iraq Oil Boom – New York Times
- Abe’s Economic Experiment – Breakingviews
- Abe Offers $32 Billion to Africa as Japan Seeks Resources – Bloomberg
- Japan Capital Spending Falls in Challenge for Abe’s Campaign – Bloomberg
- In China, Concern of a Chill on Foreign Investments – New York Times
- Shanghai rebar gains on official China PMI, but caution stays – Reuters
- Guess Who’s Bullish on Europe? China’s New Investment Play – Time
Local:
- Aussie subprime scam – Wikileaks style data release by BFCSA – Evernote.com
- Hard questions turn to mush for Ian Verrender – Business Spectator
Other:
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- Is Population Growth a Ponzi Scheme? – Churchandstate.org.uk
- Emerging Market Dominoes to Fall as SocGen Sees Rout – Bloomberg
- Economic Crisis Renewed Quest for Answers – Wall Street Journal
