Toronto is not as important as it thinks it is, the British Pound takes a pounding and the icon of the action film slips into bankruptcy, some of the items of note for Tuesday.
Globe and Mail-- Toronto slips in financial ranking
Globe and Mail-- New Asia forecast boosts markets
Globe and Mail-- Kalashnikov faces bankruptcy
National Post-- Canadian retail sales slip unexpectedly
National Post-- China expected to resist Obama's G20 reforms
National Post-- Battle over 'Buy American' overblown
New York Times-- F.D.I.C. May Borrow Funds From Banks
New York Times-- Asia Rebounding Rapidly, Bank Reports
New York Times-- G-20 Is Urged to Raise Bank Reserves
Times online UK-- New Vauxhall owner 'to axe 1,400 British jobs'
Times online UK-- Panic buttons kept at the ready ... just in case
Times online UK-- We can’t afford the moral high ground
Times online UK-- G20 to give regulators power to curb bank bonuses
Telegraph online UK-- Gordon Brown says global Tobin tax to curb banks' risky behaviour is 'worth a look'
Telegraph online UK-- Pound slides again as markets enter Bank of England-fuelled 'bubble' stage
Telegraph online UK-- Vauxhall may lose up to 1,800 jobs in 'political stitch up'
Guardian UK-- Phony bid war for Cadbury could get real
Guardian UK-- Executive pay still rising despite recession
The Scotsman-- Crisis of confidence sends pound plunging
The Scotsman-- Alliance Trust defensive over failure to spot market rally
Sydney Morning Herald-- Strong dollar won't kill the boom
Sydney Morning Herald-- Crisis, what crisis? India sails on through
Sydney Morning Herald-- Australia well placed to defy weak global outlook
People's Daily on line-- China's economy to grow by 8.2% in 2009: ADB
People's Daily on line-- Shanghai establishes agriculture equity exchange
The Times of India-- Will China drag global and Indian markets down?
The Times of India-- Indian economy is a balanced economy: Stephan Roach