Links 12 March 2014

Global Macro / Markets:

• Emerging Market Nightmare? – House of Debt

North America:

• BLS: 4 Million Jobs Openings in January – Calculated Risk
• Why is it so expensive to build a bridge in America? – The Week
• My Life as a Retail Worker: Nasty, Brutish, and Cheap – The Atlantic

Europe:

• The spectre of eurozone deflation – Financial Times
• EU Banks Bundled-Debt Proposal Challenged by Commission – Bloomberg
• The Bank of England will never unwind QE, nor should it – The Telegraph
• Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year – Macropolis
• London is a playground for the rich – Financial Times

Asia:

• Malaysian Military Says Missing Jet Changed Course – Go.com
• Yen-Pinching Undercuts Japan’s Push Against Years of Deflation – New York Times
• German banks win lighter ECB scrutiny – Financial Times
• China Details Plans to Liberalize Interest Rates and Encourage Private Banks – New York Times
• Markets hold breath as China’s shadow banking grinds to a halt – The Telegraph

Local:

• Tax Reform needed to avert crisis – The AFR
• Lenders slow to react to new credit rules – The AFR
• Hockey, Baird to announce new infrastructure forum – The AFR
• Don’t blame SMSFs for property boom – The AFR
• From the Ministry of silly promises – The AFR
• Coalition announces shake-up of NRAS scheme – The Australian
• Hockey claims SPC vindication – The Australian
• Iron ore dive to hit deficit – The Australian
• Sustained slump will drive slump in earnings – The Australian
• Iron ore will recover: mine chiefs – The Australian
• New rort fears over 457 visas – The Age

Other:

• Drones will cause an upheaval of society like we haven’t seen in 700 years – Quartz
• NZ on the right path under Key – The AFR