It's the economy (December 7, 2009)

Ground control to Major Richard, and BC isn't the only place with forest industry troubles, and Iceland is melting (financially anyways) some of the items of note for Monday.

Globe and Mail-- As Detroit rivals flounder, Hyundai sets sales record
Globe and Mail-- Stimulus sparks new building across Canada
Globe and Mail-- Xstrata to shut Timmins smelter
National Post-- Let's just relax about rate hikes
National Post-- Branson unveils first commercial spaceship
National Post-- Potash outlook brightens
Vancouver Sun-- B.C. shipbuilders seek share of $40 billion in federal funding
New York Times-- An Affordable Truth
New York Times-- Vinyl Records and Turntables Are Gaining Sales
USA Today-- Bernanke: Too early to declare lasting recovery
USA Today-- Ailing Dubai World forced to sell assets in quest for cash
Guardian UK online-- Russian aluminium provider Rusal forced to delay $3bn flotation
Guardian UK online-- Cross-border shopping helps Northern Ireland pull out of recession
Times Online UK-- Iceland reveals worst economic slump on record
Times Online UK-- At the very least, Chancellor must do no harm
Telegraph UK online-- Why it matters if the British economy drops out of top 10
Telegraph UK online-- Pre-Budget report: PM's spending assault fails to cut the mustard
Telegraph UK online-- UK backs £167bn of overseas bad debt
Melbourne Herald Sun-- Cruising to holiday growth future if ports unblocked
Melbourne Herald Sun-- Rio joint ventire with BP in carbon capture switch
Brisbane Times-- Gift shops prepare for merry little Christmas
Brisbane Times-- Online gambling needs controls: Betfair
Brisbane Times-- PaperlinX closes two mills, keeps the third on life support
Sydney Daily Telegraph-- Job advertisements rebound in November
Sydney Daily Telegraph-- Australia to umpire squabbles between warring businesses
People's Daily on line-- China likely to remain net importer of coal in 2009: expert
People's Daily on line-- Economists: China's economy will still face uncertainties in 2010
China Daily-- China to continue fiscal and monetary policies next year
China Daily-- China's 8% economic growth goal achievable: economist
The Times of India-- Tata Nano is impressive, says Zoellick
The Times of India-- Dubai Holding next in line to default?