Wednesday, 16 May 2012

Wednesday 16th May

Greek fire could singe rest of euro -
Contagion. It is the word markets have feared throughout the eurozone debt crisis. And a Greek exit from the single currency would bring it to the fore in ways unimagined until now. {}

Dissent Magazine - Online Features - End This Depression, But How?
Paul Krugman is stepping up to play the kind of role that John Maynard Keynes performed in the 1930s—arguing in clear accessible language for the government to spend to get us out of the slump.

BBC News - Carr: China concerned by Australia-US military ties
China has raised concerns over growing military ties between Australia and the US, Australian Foreign Minister Bob Carr said as he visited Beijing.

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