Links: 2014-07-15

Miami, the great world city, is drowning while the powers that be look away | World news | The Observer

UK wages can’t rise unless we solve the productivity puzzle | Business | theguardian.com

The Good, the Bad and the Ugly | Capital City | IFRe

A Day in the Life of a Chinese Worker in Iraq –

Jean-Claude Juncker calls for €300bln investment programme to revive European economy – Independent.ie

Uber Launches in Beijing, Will Face Uber-Heavy Traffic Jams – China Real Time Report – WSJ

WTO faults U.S. over duties on Chinese, Indian steel goods | Reuters

Yellen says Fed easy money needed even after recovery: report | Reuters

U.S. Budget Deficit Narrows in First Nine Months of Fiscal Year – WSJ

Serbia Committed to 3-Year IMF Agreement, Vujovic Says – Bloomberg

Debt Purchases Within ECB’s Mandate, Draghi Says – WSJ

Italian inflation drops to 0.3%, lowest since 2009-update – GazzettaDelSud

Lower Job Churn Hurts Young Workers – WSJ

BRICS Fight Waning Clout With $150 Billion Deal at Summit – Bloomberg

Canadian homes 20 per cent overvalued: ratings agency | Toronto Star

What central banks should do to deal with bubbles – FT.com

ECB caught up in economists’ spat | Money Supply

On the NSA, a White House credibility problem : Columbia Journalism Review

US given heads up about newspaper data destruction

Eurozone is weak and risks falling into deflation, IMF report warns | Business | theguardian.com

finance news