Investors Nervous About Scottish Independence

With just nine days to go before the vote on Scottish independence, major global investors are withdrawing billions of pounds from the U.K. economy over fears Scotland may vote "yes" to becoming an independent country. The capital outflow has been as high as 12 billion pounds ($20 billion) from the country so far this year, according to figures from Societe Generale SA (EPA:GLE), which has raised concerns over how international markets could react once Scotland votes Sept. 18.

Read more... http://www.ibtimes.com/how-scottish-independence-would-affect-financial-markets-1683354?ft=l181c

ECB's Draghi Takes a Gamble on QE-lite - WSJ

It was a watershed moment. All year, the European Central Bank has faced growing pressure—from governments, markets, the mainstream economics establishment, the International Monetary Fund—to embark on a large-scale government bond-buying program. And all year, the ECB had resisted, arguing repeatedly that quantitative easing would yield little benefit in the eurozone's bank-centric, structurally challenged economy and warning of the political and moral hazard that would arise as a result of exposing the ECB balance sheet directly to sovereign credit risk.

Read more... http://online.wsj.com/articles/ecbs-draghi-takes-a-gamble-on-qe-lite-1410121204

World Bank warns of global jobs crisis

Sydney (AFP) - The world is facing a global jobs crisis that is hurting the chances of reigniting economic growth and there is no magic bullet to solve the problem, the World Bank warned on Tuesday. In a study released at a G20 Labour and Employment Ministerial Meeting in Australia, the Bank said...

Read more...http://www.businessinsider.com/afp-world-bank-warns-of-global-jobs-crisis-2014-9