Weekend Links August 3-4

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Global Macro/Markets:

  • Swaps Probe Finds Banks Manipulated Rate at Expense of Retirees – Bloomberg
  • ‘The most dishonest bankers walk away with the most money’ – Guardian

North America:

  • July Employment Report: 162,000 Jobs, 7.4% Unemployment Rate – Calculated Risk , BI
  • Senate Republicans Eye ‘Grand Bargain’ on Budget – WSJ
  • Banks Replacing Enron in Energy Incite Congress as Abuses Abound – Bloomberg
  • Summers After Government Saw Wealth Surge to $17 Million – Bloomberg
  • Low Wages Work Against Jobs Optimism – WSJ
  • Early 3Q data lifts off – Tim Duy

Europe:

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  • Italian Court Upholds Berlusconi Sentence, Setting Stage for Crisis – New York Times
  • Belarus: potash loser – Financial Times
  • Greece should defy the gunboat creditors – Ambrose
  • Brazil backs IMF aid for Greece and recalls representative – FT , Brazil’s previous stance was a little different Reuters

Asia:

  • Japan’s economic overhaul carries global risks, IMF says – WSJ
  • Indonesia growth falls below 6% as risks to economy increase – Bloomberg

Local:

  • Credit to get cheaper, say economists – AFR
  • There’s a lot more to fret about than the budget deficit – Gittins!
  • Labor’s $17.4bn plan in go-for-broke election – AFR
  • China poses risk to fiscal recovery – AFR
  • Labor delivers bad news on jobs, deficit and growth – TheOz
  • Election is go. SMH

Other

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  • Twitter Prediction For July NFP – Business Insider
  • National Geographic: 2013 Travel Photo Contest winners – Telegraph
  • Australian Parliament urges citizens to bypass geo-locks on software – Ars Technica
  • Russia gives Snowden asylum, Obama-Putin summit in doubt (Reuters)
  • Google unveils latest challenger to iPhone – FT
  • Brazil’s central bank is under pressure – SoberLook