News: 2014-02-08

Number of the Week: $2 Million Homes Going Like Hotcakes in California – Real Time Economics – WSJ

Ukraine: fresh capital controls and plunging FX reserves | beyondbrics

Hilsenrath Analysis: Fed Likely to Stay Course on Rates and Bond Buying – Real Time Economics – WSJ

Brazil’s Central Bank Fights Many Evils to Kill Inflation – Real Time Economics – WSJ

Short-seller Chanos falls double digits in ’13

Can EU Handle The Truth?

Puerto Rico Faces $940 Million Bill as Debt Is Cut to Junk – Bloomberg

Argentina War on Inflation Gets Personal – WSJ.com

Fed Seen Staying Course on Tapering Even Amid Weaker Job Growth – Bloomberg

Debunking the Myth that a Gold Based Monetary System Leads to Higher Growth & Greater Stability | PRAGMATIC CAPITALISM

Why bitcoin won’t disrupt digital transactions | Felix Salmon

US adds just 113,000 January jobs as unemployment rate dips to 6.6% | Business | theguardian.com

Emerging Market Debt-Linked Note Sales Plunge 89% on China, Fed

AOL Blames Obamacare for Plan to Reduce Retirement Benefits

Sony to sell off Vaio laptop division in effort to stem huge losses | Technology | The Guardian

ECB warns Hungary yet again to honor its central bank’s independence

Freezing weather hits natural gas output of 2nd biggest U.S. producer

Relief for Emerging Markets May Only be Temporary – MoneyBeat – WSJ

MtGox Halts Withdrawals – Business Insider

Grantham Against Shale – Business Insider

Would I Lie for You? – NYTimes.com

German court parks tank on ECB lawn, kills OMT bond rescue – Telegraph

“The German constitutional court refrained from issuing a final ruling on the legality of the plan, known as Outright Monetary Transactions (OMT). It referred the case to the European Court instead, but only after having pre-judged the issue in lacerating terms that effectively bind German institutions. “The Court considers the OMT decision incompatible with primary law,” it said.”

What If Germany Is Booming and Nobody Noticed? – Bloomberg

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