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This is a graph of total global sea ice. The red line is this year. Something is very very wrong.pic.twitter.com/joFRACczPk
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Award of Nobel prize for literature to LSD-smoking United States peasant minstrel Robert Dylan shows total degeneration of western culture.
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Hillary Mantel says our Ann Wroe lights up every subject she touches and is the most underrated contemporary author.http://www.the-tls.co.uk/articles/public/with-hilary-mantel/ …
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The only policymakers who can now say this in public are Chinesehttps://twitter.com/luissecco/status/784071517499973633 …
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The pound is now up there with the Argentine peso as one of the worst-performing currencies in the world this year http://on.ft.com/2dhftqN pic.twitter.com/YYrIj1GQ2m
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From sci-tech to financial analysis & chat shows to our pick of the week: via iTunes or
@TheEconomist. Give us a gohttps://twitter.com/economistradio/status/783858914160967680 …
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Excellent stuff by
@econbuttonwood. British economic policy: Your name will also go on the list http://econ.st/2duADUf via@TheEconomist -
We seem to have woken up with a UKIP government. Depressing doesn't even begin to cover it.pic.twitter.com/O8DYc6smdE
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So, UK companies might be forced to list foreign employees. A country I love going down the drain. Fast.
#BrexitBritain#TheresaMay -
Modigliani, Miller, and Ghostface Killah: Finance metrics in rap lyrics http://qz.com/797313 cc:
@Wu_Tang_Financepic.twitter.com/FyLBl5No9a
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This is the UK's Foreign Secretary, in charge of one of the most convoluted diplomatic challenges in generations.https://twitter.com/alexebarker/status/782116536265875460 …
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Large cloud: If bail-in regime is applied to the letter anywhere it will be Germany. Don’t think it gets this far, but bumpy if so 6/6
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Silver lining: Deutsche under pressure may be best way to get Germany to face up to need for pan-Euro action on banks, eg more equity 5/6
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Specific: Lack of clarity over what Deutsche is for. No core domestic business. Investment bank hurting. Wealth arm smaller than rivals 4/6
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Specific: Deutsche has less equity than other big peers. Named as riskiest systemic bank by IMF. Less able to swallow bad news 3/6
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General: Undercapitalised, insufficiently profitable, slow to address problems, in overbanked market 2/6
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Fears over Deutsche in markets today reflect specific worries and general concerns about European banks 1/6
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