Hundreds of Tanks Made of Snow and Ice in Russian Backyards English Russia
Radical Vaccine Design Effective Against Herpes Viruses HHMI (David L)
Delhi rapist says victim shouldn’t have fought back BBC (Adrien). One of the rapists had also raped a five year old.
Ireland legalizes ecstasy, other drugs for 48 hours due to court loophole Associated Press (bob)
China’s path to global military dominance China Spectator
China’s Local Government Debts Could Go Under MarketPulse
Thomas Piketty on the Euro Zone: ‘We Have Created a Monster‘ Der Spiegel (Phil O). The interviewer seems testy at points.
Greek government presses social security funds to hand over cash Financial Times
ECB to reject all Greek requests ekathimerini
Germany insists on troika in Greece bailout talks Agence France-Presse
Greece Gets Hard Time over Reform Plan Boston Globe
From ZIRP to NIRP: Virtues of Germany vs. the Vices of Greece; What About “Speece” and Gold? Michael Shedlock (EM). Has a good overview of Target2 if you want to get up to speed.
Putin Eyes Single Currency for Eurasian Union Trade Bloc Moscow Times (furzy mouse)
Russia: Capital Flight Surges ValueWalk
3 times U.S. foreign policy helped to create the Islamic State Washington Post
Iraq: 12th Anniversary: Major War Protests Coming to DC Spring Rising
Big Brother is Watching You Watch
NEW ZEALAND TARGETS TRADE PARTNERS, HACKS COMPUTERS IN SPY OPERATIONS Intercept (Richard Smith)
Snowden revelations: Nicky Hager and Ryan Gallagher: New Zealand’s spy reach stretches across globe New Zealand Herald (Richard Smith)
If Obamacare critics win high court case, effects will be wildly disparate Center for Public Integrity
Obama announces changes for student loan repayment Reuters. EM” Want to ‘make the process of repaying student loans easier to manage’? How about not implementing or supporting policies that encourage runaway college expenses and consignment of students to debt slavery. Repeal of the bankruptcy ‘reform’ act would be a nice start. Instead we get this pathetic ‘let’s study the problem’ proposal from O.”
Clinton Tries to Quell Criticism Over Use of Private Email New York Times. Another Times story depicts the remarks as defensive.
Six years too late, media call Congressional Republicans ‘traitors’ Daily Kos (furzy mouse)
Ferguson City Manager, John Shaw, Resigns After Scathing DOJ Report NBC (furzy mouse)
Mr. Market Has a Sad
Emerging Market Currencies Rocked by Fed Fears Wall Street Journal
Improving the Oversight of Large Financial Institutions Janet Yellen. Text of a recent speech. Adrien: “I don’t know if it is just me but Yellen appears weaker and weaker on the regulatory front..What is the most striking is her continuing reverence towards “large institutions” and the complete absence of numbers on a relative basis..Talking about capital cushion without addressing the rest of the balance sheet is meaningless…The only encouraging part of the entire speech is her acknowledgement that the Fed failed to prevent the crisis ..It is an incredible dereliction of duty..not just a simple oversight! Why can’t we find better people?? with spine, charisma, energy and smarts? ”
Economics: It’s Much Worse than That! Brad DeLong
Antidote du jour: