Monthly Archives: February 2015

US economy slows in fourth quarter; Choking in China; Retreating Antarctic ice may reshape earth

1 US economy slows in fourth quarter (The Guardian) The US economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit. The Commerce Department said that … Continue reading

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Cyber attacks top US threat list; Facebook claims 2m advertisers; Punishing big banks

1 Cyber attacks top US threat list (BBC) US intelligence agencies have placed cyber attacks from foreign governments and criminals at the top of their list of threats to the country. Online assaults would increasingly undermine US economic competitiveness and … Continue reading

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A billion viewers and no profit for YouTube; Zero-hour contracts swell in UK; Oil boom end spells pain for Latin America

1 A billion viewers and no profit for YouTube (Rolfe Winkler in The Wall Street Journal) Google nurtured YouTube into a cultural phenomenon, attracting more than one billion users each month. Still, YouTube hasn’t become a profitable business. The online-video … Continue reading

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A lifeline for Greece; Shocking how vital oil still is; ‘Deforestation king’ of Amazon detained

1 A lifeline for Greece (Ian Traynor in The Guardian) Greece’s new leftwing government faces months of fraught negotiations with its creditors over how to ease its unsustainable debt levels and austerity programmes after securing – but only conditionally – … Continue reading

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Why a small dip in oil price matters an awful lot; BHP Billiton profits down by nearly a third; The myth of Europe

1 Why a small dip in oil price matters an awful lot (Phillip Inman in The Guardian) After a mini rally, oil prices are falling again. From $62 a barrel 10 days ago, Brent crude has slipped to $58.43. It … Continue reading

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Greece scrambles to finalise fiscal reform; HSBC chief holds Swiss bank account; India air pollution cuts 660m lives short by 3 years

1 Greece scrambles to finalise fiscal reform (Helena Smith in The Guardian) Greek government officials are racing to complete a list of reform proposals that will be scrutinised by the country’s international creditors this week as Athens seeks an extension … Continue reading

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Germany rejects Greece plea for loan extension; French inflation turns negative after five years; Walmart to raise wages

1 Germany rejects Greece plea for loan extension (Jennifer Rankin & Helena Smith in The Guardian) Germany and Greece are on a collision course ahead of crucial bailout talks on Friday after Berlin knocked back a Greek compromise proposal and … Continue reading

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