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Feb 15, 2010

Phil Jones: My Dog Ate the 'Hockey Stick' Data

Climategate U-turn as scientist at centre of row admits: There has been no global warming since 1995
By Jonathan Petre - 14th February 2010
  • Data for vital 'hockey stick graph' has gone missing
  • There has been no global warming since 1995
  • Warming periods have happened before - but NOT due to man-made
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Greece under massive political pressure to step up austerity package

Eurointelligence Daily Briefing - 15 February 2010
Greece under massive political pressure to step up austerity package
  • European finance ministers will insist on implementation of existing measures, and new measures as the underlying assumptions of the Greek austerity plan are regarded as too optimistic;
  • Greek governments wants to delay any austerity measures until mid-March when an EU review is complete;
  • Papandreou is angry at German handling of the situation; Papandreou’s approval ratings are rising;
  • Jean-Claude Juncker says euro area will not abandon Greece;
  • a majority of Germans wants Greece to be kicked out of the euro;
  • Wolfgang Munchau writes that the bailout-agreement is important, despite the lack of details, and it is the maximum we can expect given the many political and legal constraints;
  • Gillian Tett writes about efforts to constrain naked CDS trading; Simon Johnson says Greece might still collapse;
  • Barlcays banks has published the legal details of when and whether a breakup of the euro area would constitute a credit event;
  • the French are not as keen on Axel Weber as successor to Jean-Claude Trichet as they first appeared;
  • Kenneth O’Rourke says there is another euro crisis – a fall-back in economic growth;
  • Paul Krugman, meanwhile, endorses Simon Johnson’s call for a higher inflation target.