Italy Political Vacuum to Extend for Weeks as Bargaining Begins (BBG) Italian impasse rekindles eurozone jitters (FT) On Spending Cuts, the Focus Shifts to How, Not If (WSJ) Obama spending cuts strategy focused on waiting game (Reuters) BOE’s Tucker Says He’s Open to Expanding Asset-Purchase Program (BBG) Fed Faces Explaining Billion-Dollar Losses in Stress of QE3 Exit (BBG) Carney warns over lack of trust in banks (FT) - here's a solution: moar bank bailouts! Bundesbank tells France to stick to budget (FT) China to tighten shadow banking rules (FT) Saudis Step Up Help for Rebels in Syria ... Read More