from MacroScope:

ECB numbers game

By Mike Peacock
December 11, 2014

E

European Central Bank President Mario Draghi pushed the envelope as far as he could last week, saying a review early next year would decide whether money-printing to buy government bonds was needed. He said he didn’t need unanimity within the ECB to force it through.

from Mark Jones:

ECB numbers game http://t.co/Ju8uyyZiP6

December 11, 2014

ECB numbers game http://t.co/Ju8uyyZiP6

from Breakingviews:

Facebook’s next goal: crack the Socialist network

December 11, 2014

By Katrina Hamlin

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

from The Great Debate:

Will cheap gas last? The answer and nine other predictions for 2015

By John Lloyd
December 11, 2014

A customer fills up his tank in a gasoline station in Nice

It’s something of a tradition in journalism to gaze into the crystal ball and give readers a view of what we believe will come with the New Year. Below are my 10 predictions for 2015.

from Alison Frankel:

Insider trading prosecutions were hollow at the core – 2nd Circuit

By Alison Frankel
December 11, 2014

(Reuters) - To bring an insider trading case in the 2nd U.S. Circuit Court of Appeals, prosecutors must prove both that the tipster received a personal benefit from leaking confidential information and that those who traded on the information knew of the benefit. That is now established beyond any doubt, after an emphatic 2nd Circuit opinion Wednesday that erases the government's case against former hedge fund executives Todd Newman and Anthony Chiasson.

from Mark Jones:

Ghost army: You, too, can command an Iraqi division for only $2 million http://t.co/MqDHiHuJuv

December 11, 2014

Ghost army: You, too, can command an Iraqi division for only $2 million http://t.co/MqDHiHuJuv

from FaithWorld:

Shi’ite pilgrims flock to Iraq holy city, government fears attack

By Reuters Staff
December 10, 2014

(A police officer stands guard as Shi'ite pilgrims make their way to the holy city of Kerbala, ahead of the holy Shi'ite ritual of Arbaeen, in Baghdad, December 10, 2014. Arbaeen falls 40 days after the holy day of Ashura. REUTERS/Ahmed Saad)

(A police officer stands guard as Shi'ite pilgrims make their way to the holy city of Kerbala, ahead of the holy Shi'ite ritual of Arbaeen, in Baghdad, December 10, 2014. REUTERS/Ahmed Saad)

from Global Markets Forum Dashboard:

Sell, baby, sell: Sinking oil prices among global headwinds into 2015: Canadian fund manager, US economist

December 10, 2014

The rout in oil will have wider reaching consequences yet.

The Organization of Petroleum Exporting Countries’ decision not to cut production amid slowing demand coupled with large increases in U.S. oil output has skimmed some $40 off a barrel of oil inside of five months.

from James Saft:

Expensive, one-size-fits-all advice

December 10, 2014

Dec 10 (Reuters) - Financial advisors do not appear to be
carrying their weight.

A new study based on Canadian data shows that while advisors
are able to put clients into better performing assets, they
simply do not outperform their costs.

from FaithWorld:

Holocaust survivors’ descendants help keep memory alive in new book

December 10, 2014

(The sign "Arbeit macht frei" (Work makes you free) is pictured at the main gate of the former Auschwitz concentration camp during ceremonies to mark the 69th anniversary of the liberation and commemorate the victims of the Holocaust in Auschwitz January 27, 2014. The world marks International Holocaust Remembrance Day on January 27 to remember those who died during the Nazi organised genocide during World War Two that cost the lives of millions of Jews, Roma and Sinti, homosexuals and opponents to Germany's fascist regime and its collaborators. REUTERS/Kacper Pempel)

(The sign "Arbeit macht frei" (Work makes you free) is pictured at the main gate of the former Auschwitz concentration camp during ceremonies to mark the 69th anniversary of the liberation and commemorate the victims of the Holocaust in Auschwitz January 27, 2014. REUTERS/Kacper Pempel)