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

Prism: concerns over government tyranny are legitimate | Kim Dotcom | Comment is free | guardian.co.uk

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

NSA surveillance played little role in foiling terror plots, experts say | World news | guardian.co.uk

California on the Brink: Pension Crisis About to Get Worse | Fox Business

How Lower Earnings Will Impact California’s Total Unfunded Pension Liability | California Public Policy Center

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

Tech Giants Built Segregated Systems For NSA Instead Of Firehoses To Protect Innocent Users From PRISM | TechCrunch

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.”” 

Connecting the Dots on PRISM, Phone Surveillance, and the NSA’s Massive Spy Center | Threat Level | Wired.com 

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

Code name ‘Verax’: Snowden, in exchanges with Post reporter, made clear he knew risks – The Washington Post

Edward Snowden: how the spy story of the age leaked out | World news | The Guardian

Is Ed Snowden Trying to Take Control of the Next Wave of NSA Leaks? – Philip Bump – The Atlantic Wire

“Greenwald has repeatedly indicated that there are more shoes still to drop”

Whistle-blower Edward Snowden tells SCMP: ‘Let Hong Kong people decide my fate’ | South China Morning Post

Edward Snowden: US government has been hacking Hong Kong and China for years | South China Morning Post

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