Northern blizzards linked to Arctic sea ice decline ABC (Australia)
Rather Than Fix The CFAA, House Judiciary Committee Planning To Make It Worse… Way Worse TechDirt (Susie). Would make certain thoughtcrimes into felonies.
The dangerous drift towards world war in Asia Ambrose Evans-Pritchard, Telegraph
China already stomping on property MacroBusiness
U.K. Investigates Death of Russian Tycoon Wall Street Journal
Still more Cyprus….
Cyprus banks to stay closed for days Financial Times
Cyprus banks and UK deposits Frances Coppola (David P)
Eurozone’s bully boys will come to regret penalising tiny Cyprus Jeremy Warner, Telegraph
British expats in Cyprus face savings raid Telegraph. Discussed with Richard Smith that we’d see lots of this type of reporting soon. Notice it presents the view that all deposits in periphery countries are at risk. Think we’re not going to see a slow motion deposit run with stories like this?
Insight: Money fled Cyprus as president fumbled bailout Reuters (David P)
If you recall, Mr. Market freaked out yesterday (in Europe, anyway) because someone was so reckless as to say fairly candid things about banks and draw out implications. More on that in this Guardian story: Cyprus bailout: savings raid ‘could happen elsewhere’. Notice at the end the Russian view that the capital controls will fail.
Bailout Strains European Ties Wall Street Journal. I have very little sympathy for the complaints by the Troika. They ambushed president Anastasiades and dictated terms and timing, and gave him no runway. Did they really expect the response to be congenial and well coordinated?
The racism that fuels the ‘war on terror’ Glenn Greenwald
The ATF Has Yet to Be Convinced That 3D-Printed Guns Compare to the Real Thing Motherboard. bob: “You CANNOT print a whole gun and will NEVER be able to unless we get metal 3D printers that can make high strength parts. An AR-15 barrel and chamber must survive peak forces of 63,000 PSI. 3D printers can’t extrude materials that can take anything near that.”
‘For ‘Faster Growth,’ Soak the Poor?’ Mark Thoma
MSNBC: DISCLOSE FIX-THE-DEBT CO-CHAIR ED RENDELL’S CONFLICTS OF INTEREST WHEN BOOKING Credo. Please go sign this pronto. MSNBC gets a lot more rattled by petitions than the Droner in Chief.
The London Whale and the real link between the US economy and Cyprus Dean Baker, Guardian (Deontos)
A Final Pet Peeve: The Right to Consumer Financial Industry Data Lauren Willis, Credit Slips
“How the Mid-Victorians Worked, Ate and Died” Credit Bubble Stocks
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