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Global Macro/Markets/Commodities
- I Do Not Think That Number Means What You Think It Means – Krugman
- Worst-Case Scenario: Everything Can Go Wrong This Year – Bloomie
- Fanatics, Charlatans, and Economists – Project Syndicate
- Oil-Price Slide Hits LNG Markets – WSJ
Asia/China
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- China Further Tightens Grip on the Internet – NYT
- Chinese universities ordered to ban textbooks that promote Western values – SCMP
- New Rules in China Upset Western Tech Companies – NYT
- ‘US sleeping as China courts Thailand’ – Thai Visa
- Pakistan and India: the Tension Grows – NEO
Europe/UK
- Russia central bank makes surprise rate cut to 15% from 17% – France 24 , WSJ
- EU fails to agree new Russia sanctions – FT
- Yanis Varoufakis talks to Philip on LNL – Yanis
- Greece turns away from final €7bn in bailout funds – Irish Times
- Gorbachev: US Pulled Russia Into New Cold War That Could Turn ‘Hot’ – Common Dreams
- Go ahead, Angela, make my day – The Economist
- Greece’s Predicament in One Scary Chart – Bloomie View
- Homeowners in Poland Borrowed in Swiss Francs, and Now Pay Dearly – NYT .. Austrians too
- EU, Germany warn Greece over debt reduction ambitions – Ekathimerini .. As I said on Monday, the idea was far too politically innocent.. But neither side has really played their hands yet, so we will see.
- Russia Would Consider Financial Help for Greece – Time .. as I was saying ! CNBC , Reuters
- EU parliament president ‘expects clashes’ but no ‘rash decisions’ from Greece – DW… and the other side.
- The game is up. It’s time for Greece to leave the eurozone and move on – Telegraph
- Alexis Tsipras’ Open Letter Nails The Stupendous Folly Of Brussels’ ’Extend And Pretend’ – David Stockman
- Who’s (still) exposed to Greece? – Bruegel
- Thank the Central Bank: Chances of a Swiss Recession Just Jumped – Bloomie
- Russia buys record amounts of gold – FT
- German Inflation Rate Is Negative for First Time Since 2009 – Bloomberg .. Well they are German, so let’s call it super-negative hyperinflation so Hans and Jans don’t look like total fools.
- With One Wrong Word Lukashenko Sends Belarus Bonds Into Tailspin – Bloomie
- EU reforms to break up big banks at risk – FT
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Americas/United States
- U.S. Homeownership Rate Falls to 20-Year Low – WSJ
- More on U.S. Employment, Post-Trough – Econobrowser
- Obama on budget collision course – FT
- Obama’s Climate Plan Could Threaten U.S. Forests – Politico
- Ten Tall Tales on Trade – Counterpunch
- Zillow: Case-Shiller House Price Index year-over-year change expected to slow further in December – Calculated Risk
Australia/NZ:
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- Campbell Newman and the ghost of Joh Bjelke-Petersen – Inside Story
- Qld LNP set to return despite losses – The Oz
- ‘Listening’ PM dumps leave plan – The Oz
- Tony Abbott’s sick sounding rhetoric – AFR
- Westpac CEO in waiting steps up to prove his mettle – AFR
- Hot housing a worry if RBA cuts rates – AFR
- Jobs go at BHP’s Olympic Dam mine – Business Day
- Complaint against John Howard to the International Criminal Court – AIM
Other
- Bill Gates on dangers of artificial intelligence: ‘I don’t understand why some people are not concerned’ – Washington Post
- Google CFO Calls Glass A Case Where The Company Needed To “Pause” And “Reset” – TechCrunch
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