Best of the Web: 13-05-30, nr 778

Good morning. Cool chart on the deadlines of the world highest mountains… The
Annapurna is the real killer out there
http://www.economist.com/blogs/graphicdetail/2013/05/daily-chart-18

Rates go up!! In Brazil, that is….
http://blogs.ft.com/beyond-brics/2013/05/30/snap-brazil-hikes-rates-by-50bps-to-8/

With the OECD outlook and the European Commission reporting, too little attention has been given to the ECB’s stability report
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http://www.ecb.europa.eu/pub/pdf/other/financialstabilityreview201305en.pdf

The fast way to get up to date with the OECD outlook is by watching their youtube video…


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

….but all the details and nitty gritty can be found here
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http://www.oecd.org/newsroom/global-economy-advancing-but-pace-of-recovery-varies.htm

OPEC is trying to get to grips with the changed power structure in the energy market…
w7ITcUw5EyfJ-v-8ekL2jIWsUlF4lHmZELRLIdp3lhuQ8FOrQHvNlHgDsLUh0Ju3Ybp9c8AKd8m1J1txogj9ckro7q4WU2odvYl8BXEePomeg4bwVRkkWBeCvQ
http://online.wsj.com/article/SB10001424127887323855804578508871186460986.html

…but: “Oil guru says US shale revolution is ‘temporary’”
http://www.ft.com/intl/cms/s/0/281b118e-c870-11e2-acc6-00144feab7de.html

Ah well, someone has taken another look at the debt-growth data… Bad growth leads to high debt, not the other way round
_mMxm4Nw9UPRLYL0FbrF0khbBTJjK_urbF7CES9_5ciqgN0Uzve_xLQQCdt7LzO2hbbiQyTEaL173jviyVdh0QxfquVy2pu10S0CX7Su1iB7ruAgloPPyiqgow
http://qz.com/88781/after-crunching-reinhart-and-rogoffs-data-weve-concluded-that-high-debt-does-not-cause-low-growth/

And yes, rising bond yields can have serious economic consequences…
pGRH7aHRfr_GeD-g9q7UJjRWk_jxHpQ4lyy0X6R5-diW0hZk43s6ZIzoSTdW_XO3ySbbtuV4mq8byay_Mgk2014c2v6Ib_8QzhNKGqRr0LjzIO7Wgc6fZqOUWg
http://www.businessinsider.com/mortgage-rates-housing-recovery-2013-5

Stock buyback announcements have gone vertical!
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http://www.businessinsider.com/stock-buybacks-surge-to-record-levels-2013-5

For the Apple geeks out there. If they still exist, of course….

MtKv09_EdA3aGKRCtl8VXqm4XwgA-bfGOjlbNOiHwiwJ6bDevyOcSZ0FMvddbWUwWe9WwrJ288M5dUNk-EGxfYTd9CTFgZE_ScCmClmHzD8kQIXpJP1SazqtVQ
http://priceonomics.com/apples-first-computer-was-a-better-investment-than/

A complete overview of all previous editions of Best of the Web can be found here http://tinyurl.com/c8ge4c5. All links provided are collected from public websites, unless otherwise specified. I have not checked the data or information for accuracy used, and therefore do not guarantee that all data provided will be 100% correct. The links provided do not necessarily reflect my personal opinion and should be seen as general interest: oftentimes I do not agree with arguments presented, but nevertheless think it is worthwhile to read them. It is up to the reader to make up their own mind. Suggestions or discussions are more than welcome. Do not quote unless specifically cleared beforehand!

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