Links: 2013-06-13
This time is different. No, really! | barnejek’s blog
On emerging market risk
Global shares drop, dollar slumps as rout gathers pace | Reuters
Banks seized more U.S. homes in May, RealtyTrac report shows | Reuters
World Bank cuts growth outlook as world enters ‘new normal’ | Reuters
Hong Kong hit eight-month low with shares down 2.2 pc | South China Morning Post
Politicians accuse Google of operating ‘highly contrived tax arrangement’ – Telegraph
Global study shows more journalists embrace social media — Germans, not so much — paidContent
Brazil’s Government Removes Another Tax on Forex Market – WSJ.com
The currency war is not a problem now. Brazil’s problems are now moving the other way. And so the tax on forex is coming off.
Fiscalists vs market monetarists, a bloggy taxonomy | FT Alphaville
Interesting read on who stands where in the intellectual war in economics over the efficacy of monetary versus fiscal policy
NSA chief drops hint about ISP Web, e-mail surveillance | Politics and Law – CNET News
Spanish House Prices Slump – WSJ.com
This contradicts other more recent monthly data which shows the decline in house prices decelerating. link in Spanish
https://cincodias.com/cincodias/2013/06/11/economia/1370937771_222115.html
“According to data released Thursday from Spain’s National Statistics Institute, or INE, house prices in the first quarter dropped 6.6% from the fourth quarter, the fastest pace since INE began collecting house price data in 2007. The annual pace of decline was 14.3% compared with a year earlier, accelerating from 12.8% in the fourth quarter.”
Italy Borrowing Costs Rise to Highest Since March at Sale – Bloomberg
Why I Don’t Care About Edward Snowden – NationalJournal.com
More Americans see man who leaked NSA secrets as ‘patriot’ than traitor: Poll | Reuters
Exclusive – Wal-Mart’s everyday hiring strategy: Add more temps | Reuters
‘Australia is a leveraged time bomb waiting to blow’: SocGen | Business Insider | Financial Post
California on the Brink: Pension Crisis About to Get Worse | Fox Business
Americans’ Confidence in Congress Falls to Lowest on Record
“Congress ranks last on list of 16 institutions; military earns top spot again”
BBC News – World Bank cuts China growth forecast
BBC News – Japanese stocks enter bear market as yen strengthens
NSA surveillance retrospective: AT&T, Verizon never denied it | Politics and Law – CNET News
Apple fires back at DOJ with actual e-mail from Jobs | Apple – CNET News
Edward Snowden and the selective targeting of leaks | Jack Shafer
Americans Disapprove of Government Surveillance Programs
“More Americans disapprove (53%) than approve (37%) of the federal government agency program that as part of its efforts to investigate terrorism obtained records from U.S. telephone and Internet companies to “compile telephone call logs and Internet communications.””
Washington pushed EU to dilute data protection – FT.com
Google’s War On Government Secrecy – Forbes
Shia LaBeouf, Government Surveillance Whistleblower? | Threat Level | Wired.com
Edward Snowden: how the spy story of the age leaked out | World news | The Guardian
“Greenwald has repeatedly indicated that there are more shoes still to drop”
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