Links: 2013-06-20

By Edward Harrison On Jun 20, 2013

Prime central London property prices inflate bubble fears | Money | guardian.co.uk

EU rejects Cypriot leader’s plea for more bank aid | World news | The Guardian

Switzerland buries U.S. tax law, banks seen at risk | Reuters

U.K. Mulls Breakup of RBS – WSJ.com

Euro ministers to decide direct bank recapitalization rules on Thursday | Reuters

America cedes moral high ground on cyber spying – FT.com

Dolce and Gabbana Convicted of Tax Evasion – WSJ.com

A Reply to Epstein & Pilon on NSA’s Metadata Program | Cato @ Liberty

Revealed: the top secret rules that allow NSA to use US data without a warrant | World news | guardian.co.uk

Web’s Reach Binds N.S.A. and Silicon Valley Leaders – NYTimes.com

Skype’s secret Project Chess reportedly helped NSA access customers’ data | Technology | guardian.co.uk

Procedures used by NSA to minimize data collection from US persons: Exhibit B – full document | World news | guardian.co.uk

“The documents detail the procedures the NSA is required to follow to target ‘non-US persons’ under its foreign intelligence powers – and what the agency does to minimize data collected on US citizens and residents”

Déficit public: les Pays-Bas veulent économiser 6 milliards d’euros en 2014 – LExpansion.com

The Dutch are going to produce 6 billion euros of austerity in fiscal year 2014. So expect pain in the real economy there. While front-loading is gone, austerity is not!

Germany’s ascendancy over Europe will prove short-lived – Telegraph

Commerzbank to cut around 5,200 jobs | Reuters

FedEx posts higher-than expected profit, will cut more capacity | Reuters

Australian dollar hits 33-month low | World news | guardian.co.uk

We have a little local difficulty in China – Telegraph Blogs

America’s monetary policy: Tinker, taper | The Economist

The Fed begins its long and gradual exit | Gavyn Davies

La Finlande anticipe une contraction de 0,4% du PIB en 2013, Actualités

Finland anticipates a 0.4% contraction in GDP in 2013. Let’s remember that there is a housing bubble in Finland right now and that has yet to burst

It’s Not Just the Fed, It’s China, Too – MoneyBeat – WSJ

French watchdog tells Google to change privacy policy | Reuters

France orders Google to change its privacy policy as UK and others consider similar action | The Verge