Links 30 January 2014

Global Macro / Markets:

• BRICS facing midlife crisis – Indrus
• Ignore Wall Street, Bet on Emerging Markets – Bloomberg
• IMF says no panic in emerging markets – newsmovingmarkets.blogspot.com
• Challenges in a post-crisis world – The AFR

North America:

• Obama Announces New Retirement Accounts – Wall Street Journal ; Bloomberg
  
• Enhancing the EITC Would Encourage Work and Reduce Poverty – Slate
• GOP ready to surrender on debt ceiling – Politico
• The $956 billion farm bill, in one graph – Washington Post
• THE FED TAPERS QE BY ANOTHER $10 BILLION – Business Insider
• Middle class at a crossroads, not for the first time – Market Place

Europe:

• Greek private sector credit shrinks faster than in rest of euro zone – Reuters
• After Crisis, Greeks Work to Promote ‘Social’ Economy – New York Times
• Implications of Turkey’s aggressive interest rate rise – Financial Times

Asia:

• China Has Officially Become The Top Global Consumer Of Red Wine – Business Insider
• Remaking All That Jazz From Shanghai’s Lost Era – NPR
• Migrant workers prefer mega-cities: survey – xinhuanet.com
• Mid-income crisis on the cards for China – The AFR

Local:

• Tony Abbott’s ABC outburst sits uneasily with ideals of a robust democracy – Brisbane Times
• Turnbull defends ABC after Abbott’s attack – The SMH
• House price growth could halve! – The AFR
• Government to release audit report for public view – The AFR
• No job at the end of $200,000 degree – The SMH
• “Cut waste” – healthcare costs $6,200 per person – The SMH
• Third boom lies in productivity lift – The Australian
• Warning on renewables target – The Guardian

Other:

• A Risky Year in Geopolitics? – NationalInterest.org
• Churnalism – The Economist
• Everyone likes the idea of equal opportunity. This economist thinks it’s a fantasy – Washington Post