- Iraq oil production increases (NYT)
 - A tax cut history lesson (Thoma)
 - Five reasons the job engine is seizing up (BB)
 - Spain calls for a unified fiscal authority (FT)
 - Cross border lending drops sharply (FT)
 - Chinese service sector is slowing (Marketwatch)
 - Chinese manufacturing slows (Marketwatch)
 - Merkel more isolated (BB)
 - John Taylor really misunderstands Hayek (Uneasy Money)
 - Is Estonia the austerity crown jewel? (Macro Matters)