Further reading: Cyprus and the limits of the ECB’s powers
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Wednesday’s picks from the beyondbrics team: Chinese investors take their money overseas; Cyprus reveals limits to ECB’s power; Turkish sway in oil-rich Northern Iraq; and New Delhi struggles with the concept of “retail”. Plus, regional politics jostles for national power in India; Monti’s bubble; and Russia’s new central banker springs a surprise.
From the FT:
Chinese seek change as continuity rules, Inside Business
Cyprus reveals chinks in ECB armour, Markets Insight
Kurdish deal would fuel Turkey’s goals, Global Insight
No rush for entry as India opens retail doors, Companies
Indonesia: you get what you pay for, Lex
Moscow can save Nicosia from bullies, Comment
From elsewhere:
I predict a CypRIOT: Three major implications for the European and UK banking systems, Bond Vigilantes
The old regime and the revolution, The Economist
Nitish Kumar Makes His Move, The Diplomat
Professor Monti and the Bubble, Economonitor
Nabiullina Will Be Superior Central Bank Head, The Moscow Times
Putin’s Vertical Duma, The Moscow Times
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