Good morning. This one is interesting: who decided on this colour-grouping….? Why 5.8%? And what happens if a country hits 50%?

http://www.zerohedge.com/news/2014-03-13/which-european-countries-will-suffer-most-if-russia-turns-gas

Ukraine and the price of bread (sort of)

http://www.businessinsider.com/ukraine-crisis-wreaking-havoc-on-commodities-2014-3

In Europe, especially the DAX is the big laggard…

http://www.bespokeinvest.com/thinkbig/2014/3/13/europe-slides.html

Draghi, at last! “ECB president Mario Draghi counters euro upswing”
http://www.ft.com/intl/cms/s/0/09122f1e-aad5-11e3-83a2-00144feab7de.html

The ECB’s monthly. On corporate debt.

http://www.ecb.europa.eu/pub/pdf/mobu/mb201403en.pdf

Sorry to use a lot of words, but read this and save this to re-read 10 years from now…:
“Ting Lu, China economist at Bank of America Merrill Lynch, said the bank was cutting its first quarter GDP growth forecast to 7.3 per cent from 8 per cent and the full year forecast to 7.2 per cent from 7.6 per cent previously. Nomura Securities revised down its first quarter forecast to 7.3 per cent from 7.5 per cent previously but kept its full year prediction at 7.4 per cent. UBS revised down its full year forecast to 7.5 per cent from 7.8 per cent previously.”
http://blogs.ft.com/beyond-brics/2014/03/13/analysts-slash-china-gdp-forecasts-see-support/#axzz2vsLc0YUt

..and talk about historic classics in the making…”Mexico readies 100-year sterling bond”
http://www.reuters.com/article/2014/03/12/mexico-bonds-idUSL6N0M911820140312

Fiscal policy and income equality. According to the IMF. Plus the WallStreet Journal’s take on it

http://www.ecb.europa.eu/pub/pdf/mobu/mb201403en.pdf
http://blogs.wsj.com/five-things/2014/03/13/5-things-to-know-about-income-inequality/

“Government debt crisis! Austerity! Defaults! Bail-outs!” Well, the IMF certainly is trying to push it’s new online course…

http://www.imf.org/external/mmedia/view.aspx?vid=3335115563001

This one comes without a comment…

http://www.businessinsider.com/countries-with-more-money-more-godless-2014-3

A small clip from the Economist on US public spending

http://www.economist.com/blogs/graphicdetail/2014/03/daily-chart-5

A complete overview of all previous editions of Best of the Web can be found herehttp://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!