Sunday, November 01, 2009

It's the economy (November 1, 2009)

100 years of lending ends in bankruptcy, a cold British winter could be a season of crisis, and is Japan the next financial shoe to drop, some of the items of note for Saturday.

Globe and Mail-- CIT files for bankruptcy protection
Globe and Mail-- China showing hints of sustained industrial growth
National Post-- CIT Group files for prepackaged bankruptcy
New York Times-- CIT Files for Bankruptcy
New York Times-- Geithner Says Economy Rebounding, but Job Growth Lags
New York Times-- The G.O.P. Stalinists Invade Upstate New York
USA Today-- Banks say consumers catching up on credit card, mortgage payments
USA Today-- Geithner: Recovery 'going to take awhile'
Guardian UK online-- Winter crisis could see UK 'run out of gas in hours'
Guardian UK online-- Labour's great bank sell-off could cost taxpayers another £40bn
Telegraph UK online-- It is Japan we should be worrying about, not America
Telegraph UK online-- More quantitative easing is on the way – and that's a good thing
Telegraph UK online-- Tory economic tightening plans could be a disaster, warns survey
Brisbane Times-- Dollar each way on the future
Brisbane Times-- Strong dollar cools Chinese property investment
People's Daily on line-- China's PMI of manufacturing sector rises to 55.2% in Oct.
People's Daily on line-- Chief of Chinese Chamber of Commerce in Russia urges Chinese merchants to standardize operation
The Times of India-- Service exports recovery likely by year-end: FICCI
The Times of India-- Stockmarket likely to be volatile in Nov, say analysts

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