It's the economy (Tuesday, June 29, 2010)

Facing the realities of Greece, Global markets on the cliff and concerns over a Third depression, some of the financial talking points for a Tuesday.

Globe and Mail-- Stocks plunge on economy fears
Globe and Mail-- Time to face reality over Greece's debt
Globe and Mail-- Consumers edgy in Canada, U.S.
National Post-- Equities fall on concerns about China and consumer confidence
National Post-- BP faces financing challenges as well as oil spill
National Post-- Carney to replace Kohn as chair of global banking committee
Vancouver Sun-- Buyers take control with Okanagan slow to recover; fewer Albertans are purchasing recreational property
New York Times-- U.S. Stocks Drop on New Jitters About Global Growth
New York Times-- Bank Tax Sets Back Financial Overhaul Bill
New York Times-- Consumer Confidence Tumbled This Month
USA Today-- Dow tumbles below 10,000 on world economy concerns
USA Today-- Gulf Coast tourism officials plead for help
Guardian UK online-- Budget will cost 1.3m jobs - Treasury
Guardian UK online-- Global markets on 'cliff edge' amid fears over European banks
Guardian UK online-- Greek anger over austerity measures spills on to Athens streets
The Independent-- Britain 'might not cope with another bank emergency'
The Independent-- The Third Depression – or ‘negflation’: a useful (newish) term
Telegraph UK online-- Time to shut down the US Federal Reserve?
Telegraph UK online-- How BP's oil leak is exposing the holes in the City's finest scribblers
Telegraph UK online-- Warning signals of a double-dip recession flash brightly across the world
Melbourne Herald Sun-- Treasurer denies power deception
Melbourne Herald Sun-- Fiji media ownership crackdown
Sydney Daily Telegraph-- Australian cities good value for expats - report
People's Daily-- CPI target well within reach, say economists
People's Daily-- Survey: EU enterprises in China optimistic
China Daily-- Mainland, Taiwan negotiators sign economic pact
China Daily-- PetroChina to start Ningxia refinery by end of '11
Times of India-- Merc enters used car business
Times of India-- 'Action on Dow could hit biz'