It's the economy (June 2009)

We continue on with our examination of the economic tumult and hopeful signs of a recovering, highlighting some of the reporting of such for the month of June.

You can access our archives of Economic information here.

New York Times

June 12-- At Paris Air Show, Little Flash and Lots of Introspection
June 12-- Stations Turn Off Analog Signals as Digital TV Deadline Arrives
June 12-- Auto Dealers at Risk Turn to Washington
June 12-- Bank Chief Tells of U.S. Pressure to Buy Merrill Lynch
June 12-- As Wind Power Grows, a Push to Tear Down Dams
June 11-- Exxon Joins Plan to Build Natural Gas Pipeline From Alaska
June 11-- The Great Unwinding
June 11-- China’s Economy Takes a Sharp Domestic Turn
June 9-- Supreme Court Clears Way for the Sale of Chrysler to Fiat
June 9-- Sea of Red Ink: How It Spread From a Puddle
June 9-- 10 Large Banks Allowed to Exit U.S. Aid Program
June 9-- Michigan Works to Remake Itself Without King Auto
June 9-- Waving Goodbye to the TARP
June 8-- U.S. to Propose Wider Oversight of Compensation
June 7-- Gordon the Unlucky
June 7-- Opponents of Chrysler Sale to Fiat Make Appeal to Supreme Court
June 7-- Obama’s Economic Circle Keeps Tensions High
June 5-- Joblessness Hits 9.4%, but Losses Slow
June 5-- Keeping Them Honest
June 5-- At G.M., He’s in Charge of Selling What Remains
June 5-- G.M. Reaches Deal to Sell Saturn to Penske
June 5-- Mining Giant Scraps China Deal
June 4-- Ailing, Banks Still Field Strong Lobby at Capitol
June 4-- S.E.C. Accuses Countrywide’s Ex-Chief of Fraud
June 1-- Bankrupt G.M. Says It Owes $172 Billion
June 1-- G.M. Designates 14 Plants for Closing
June 1-- After Many Stumbles, Fall of an American Giant
June 1-- The 31-Year-Old in Charge of Dismantling G.M.
June 1-- Judge Clears Way for Sale of Chrysler to Fiat
June 1-- Reagan Did It


The National Post

June 14-- Demand for Arctic gas dries up
June 14-- G8 exit strategy encourages some, worries others
June 12-- What $5.5-trillion thinks
June 12-- The misfits behind the market myth
June 12-- The reality of the new normal
June 12-- U.S. consumers' mood lifts, but Lehman lingers
June 12-- Carney delivers reality check on economy
June 12-- Barclays lands capital-boosting BlackRock deal
June 12-- Flaherty sees signs North American economy improving
June 12-- Oil falls below US$72 after three-day rally
June 12-- Loonie falls as crude price declines
June 12-- Brick Brewing, Labatt settle label lawsuit
June 9-- Supreme Court allows Chrysler sale to Fiat
June 9-- Big government is watching: Immelt
June 9-- Chocolatier looking at new retail formats
June 9-- Oil jumps nearly 3% to settle at US$70
June 9-- The unpredictable game of US dollar forecasting
June 9-- Apple steals Palm's thunder, maybe RIM's share too
June 9-- Junior golds: the remarkable comeback
June 8-- Downturn has hit bottom in Canada, OECD says
June 8-- Barclays in talks with BlackRock on BGI sale
June 8-- Deficit will exceed $50-billion, Flaherty says
June 8-- No global recovery until early 2010, IMF head says
June 8-- Silvercorp launches bid for Klondex
June 8-- Oil falls towards US$67 on stronger dollar
June 8-- Airlines expected to lose US$9-billion in 2009: IATA
June 7-- How the U.S. had its confidence stolen
June 7-- Investors ask top U.S. court to delay Chrysler sale
June 6-- Canadian cities angered over “Buy American” rule
June 5-- Oil price slips after breaching US$70 mark
June 5-- Canada's railroads will continue to underperform short-term
June 5-- Chrysler's bankruptcy judge sees no future for dealerships slated for closure
June 5-- Economy sheds another 42,000 jobs in May
June 5-- U.S. loses far fewer jobs than feared
June 5-- Consumer bankruptcies spike in April
June 5-- Political crisis hammers the U.K. pound
June 5-- Rio ditches US$19.5-billion Cinalco deal
June 5-- GM will sell Saturn brand to Penske Auto
June 5-- Road bumps for Hummer's Chinese buyer
June 4-- Tories back coal giants at Ridley
June 4-- Rona doing it right with Western expansion plans: Scotia
June 4-- Traders push loonie higher despite BoC warning
June 4-- Extreme Divergence Between Oil and Natural Gas
June 3-- Still the same old auto game
June 2-- TD warns that Ottawa's forecasts are way off
June 2-- Market awaits any BoC comment on loonie
June 2-- Canada’s Flaherty asks pension chair to review pay
June 2-- Canada spending on jobless up $5.5-billion: Flaherty
June 2-- Canadian household borrowing eases in first quarter
June 2-- Alberta needs $14.5-billion in new power lines: agency
June 2-- Magna expects Opel profit by 2011
June 1-- China's oil giant seeks alliance with Canada
June 1-- GM files for U.S. protection
June 1-- Geithner reassures China on U.S. dollar
June 1-- Economy shrinks less than feared in first quarter
June 1-- Toronto stocks leap on higher oil prices
June 1-- Oil jumps to US$68 on equities rally
June 1-- Royal Bank's U.S. retail banking results 'disastrous': Desjardins
June 1-- GM accelerates U.S. plant closures


The Globe and Mail

June 14-- Nova Scotia: Canada's safe harbour
June 14-- GM more a concern than Chrysler: Ottawa
June 14-- BMW Canada aims for top luxury spot
June 14-- Real estate recovering, economists say
June 14-- BRIC nations gather for inaugural summit
June 12-- CanWest newspapers seeking worker concessions: union
June 12-- U.S. consumer confidence edges up
June 12-- Worst is over for oil market: OPEC
June 12-- BlackRock to pay $13.5-billion for BGI
June 12-- Canada's production capacity idled
June 12-- Cascades to pay $60-million for tissue paper business
June 12-- Recovery still has long way to go
June 12-- Banks lose class action over credit card charges
June 12-- GM sale of Saab looms as Koenigsegg steps up
June 12-- Ban CDS as ‘instruments of destruction,' Soros says
June 12-- Tembec temporarily shuts mills in Northern Ontario
June 12-- Air Canada executives okay pay freeze
June 12-- Rollbacks 'not automatic' at Ford, CAW chief says
June 10-- Job insecurity plagues Canadians
June 10-- Employers still wary of hiring
June 9-- Top court won't block Chrysler sale
June 9-- Latvia at centre of growing fiscal storm
June 9-- Unions set to take stake in Air Canada
June 9-- Chinese firm buys into Consolidated Thompson
June 9-- U.S. banks can repay bailout cash
June 9-- Taxpayers still on hook despite AECL privatization: report
June 9-- Progress being made against U.S. protectionism: Wilson
June 9-- B.C. housing slump 'nastiest' in nation
June 9-- Employers still wary of hiring
June 8-- Apocalyptic rhetoric aside, GM bailout is a bad idea
June 8-- BlackRock may buy Barclays arm for $12-billion
June 8-- Air Canada traffic drops 10 per cent
June 8-- Green shoots? How about a ‘double dip'
June 8-- OECD sees signs of trough in Canadian economy
June 8-- Construction on rise in upbeat sign
June 8-- Poor nations desperate for cash, World Bank says
June 8-- Obama promises more than 600,000 stimulus jobs
June 8-- Economic crisis ‘turning the corner'
June 8-- Alberta needs to think of itself as an owner of oil sands, Lougheed says
June 8-- China's isolation to speed its recovery: Soros
June 7-- Supreme Court asked to halt Chrysler sale
June 7-- End of the road
June 7-- AutoNation has had a great ride
June 7-- Pepsi waves the Fleur-de-lis in Quebec
June 7-- Economic crisis ‘turning the corner'
June 7-- As jobs go, so do political fortunes
June 6-- TV networks fight for fall audiences
June 6-- Carney signals bank could move against flight of the loonie
June 6-- Air Canada mediator swoops in
June 5-- Oil spikes above $70 mark
June 5-- Bailout costs go beyond mere cash
June 5-- Ford 'anxious' for new deal with CAW
June 5-- Auto layoffs help drive jobless rate to 11-year high
June 5-- Loonie's surge threatens our recovery
June 5-- Unemployment by cities, provinces
June 5-- U.S. economy sheds 354,000 jobs in May
June 5-- Penske to buy GM's Saturn brand
June 5-- Rio dumps Chinalco for iron ore tie-up with BHP
June 5-- Broadcaster or pipeline? Courts to rule on ISPs
June 2-- GM faces high stakes, high costs and high hopes
June 2-- GM finds buyer for Hummer
June 2-- Reluctant or not, Obama is driving the economy
June 2-- Welcome to Government Motors
June 2-- Harper and McGuinty: Small players in a risky game – but are they in it to win it?
June 2-- The state is no sleeping partner
June 2-- Glimmers of hope' in consumer confidence
June 2-- GM aftershocks
June 2-- Oil sands ‘back in black' as crude nears $70
June 2-- Opel gets first bridge loan instalment
June 2-- After devastating quarter, a slow recovery seen
June 2-- Ottawa considering asset sales
June 2-- Keep banks, insurance separate, brokers argue
June 2-- Consumer loan losses pinch banks
June 2-- U.S. newspaper ad sales drop most in 38 years
June 2-- Kitimat in deal with Korea Gas to purchase output
June 1-- General Motors files for bankruptcy protection
June 1-- GM set for bankruptcy protection, Canadian governments to own 12%
June 1-- The risky business of auto bailouts
June 1-- Recession toll harsh, but easing
June 1-- Chrysler gets judge's approval for asset sale
June 1-- Travelers, Cisco replace Citi, GM in Dow
June 1-- U.S. consumer spending dips, savings surge
June 1-- Strengthening dollar saws through foresters' bottom lines
June 1-- European, Chinese data fuel recovery hopes

The Toronto Star

June 12-- Canada urges end to stimulus
June 12-- Ignatieff to say Monday if he'll force election
June 12-- GM, Chrysler defend dealership closings
June 12-- Obama policy guru should be replaced
June 12-- Tembec to shut Ontario sawmills
June 12-- Ford seeks equivalent union concessions
June 9-- Judge approves Chrysler plan to terminate franchises
June 9-- U.S. Supreme Court allows Chrysler sale
June 9-- Oshawa GM plant closure extended
June 9-- 10 big banks to repay $68B in bailout money
June 9-- Canadian ports refute U.S. subsidy allegations
June 9-- Publishing vets seek to start newspaper in Detroit
June 9-- Canadian diplomats battle Buy America
June 8-- Court asked to halt Chrysler sale
June 8-- Time to slay Canadian file-sharing myths
June 8-- Air Canada traffic slumps in May
June 8-- McDonald's May sales rise 5.1 per cent
June 8-- Economy on the mend, Flaherty says
June 7-- It's not the best, or worst, of times
June 7-- Investors ask U.S. court to halt Chrysler-Fiat deal
June 7-- NHL spills its secrets in court
June 7-- Mayors retaliate against 'Buy American' policies
June 6-- Canada: Land of opportunity
June 6-- Unemployment hits 15-year high in Ontario
June 6-- Debt load threatens to topple media giant
June 6-- Penske Automotive offers GM undisclosed sum for Saturn brand
June 6-- Bear market rally? Time to wake up and smell the bull
June 5-- Jobless rate at 11-year high
June 5-- U.S. sees fewer job losses than expected
June 5-- Rio Tinto scraps China investment deal
June 5-- Magna-Opel merger not a done deal
June 5-- 'Icon' Penske to buy GM's Saturn
June 5-- Twitter thrown a curve
June 5-- Parents worried about kids' nest eggs
June 1-- GM files for bankruptcy
June 1-- Markets shake off GM filing
June 1-- GDP drop biggest in 18 years
June 1-- Stronach's Opel to build cars here?
June 1-- GM: from icon to bankrupt
June 1-- 'New GM' to emerge from bankruptcy


The Vancouver Papers

June 12-- Richmond, Langley Township are Lower Mainland’s hottest real estate markets
June 11-- Skookumchuck mill first B.C. casualty of black liquor subsidy
June 11-- Canadian paper industry’s production hits all-time low
June 9-- Premier's tune changing on deficit numbers
June 9-- No great joy for workers as hiring stalls
June 9-- B.C. behind rest of Canada in new home starts
June 9-- Second forest company sues north Island town over tax rates
June 9-- Local strawberry season about to ‘take off’
June 8-- Silvercorp launches bid for Klondex
June 8-- Reno men as busy as ever
June 4-- B.C. high school graduation ceremonies unhindered by struggling economy
June 3-- Gen Xers scan waterfront
June 2-- B.C.'s 100 highest-paid executives leading the $1 million club
June 2-- Lower Mainland real estate market strikes ‘balance’

World Papers

England

June 12-- West Bromwich building society saved from taxpayer bailout
June 12-- Former BSkyB executive to play key role in Len Blavatnik's £20m Setanta rescue
June 12-- Russian oligarch rescues Setanta with £20m deal
June 12-- Economic recovery: is swoosh the shape we're in?
June 12-- George Soros urges governments to outlaw ''toxic' credit default swaps
June 12-- Barclays offloads fund management business BGI to BlackRock for $13.5bn
June 12-- West Brom planning to remain independent
June 12-- Lindsey oil row escalates as workers down tools
June 12-- Chancellor says oil price could dampen recovery hopes
June 11-- Fuel rises could choke economic recovery, Darling warns
June 11-- Buyers face hike in mortgage rates as inflation fears mount
June 11-- Boost for holidaymakers as pound rises against euro
June 10-- Slender signs of growth but too early to sound all-clear
June 10-- What is driving the oil price up?
June 3-- UK services sector shows surprise return to growth in May
June 3-- UK 'needs emergency Budget'
June 3-- Services data prompts some to dust off the 'R' word
June 3-- Lloyds Banking Group to cut a further 510 jobs
June 3-- Barclays closes pension to 17,000 workers
June 3-- Services rise may signal end to UK recession
June 3-- The recession isn't over yet
June 3-- Sterling rises on economy hopes
June 3-- Lloyds makes further job cuts ahead of AGM
June 3-- GM sells Hummer to China and saves 3,000 jobs
June 3-- Australia avoids recession on shock GDP rise
June 3-- Those green shoots are just tumbleweed
June 3-- Barclays to shut final salary pension scheme
June 3-- Another 510 jobs to go at Lloyds
June 3-- New data points to end of recession by autumn
June 3-- Big business 'failing to disclose climate risks' to investors
June 3-- Senators grill GM and Chrysler chiefs over axed dealers
June 2-- BP closes final salary pension scheme
June 1-- GM files for Chapter 11 bankruptcy protection
June 1-- If the EU seems intent on a putsch then UKIP should give it a shove
June 1-- Government ownership of General Motors isn't good for America
June 1-- Don't write off the deflation danger just yet
June 1-- Tim Geithner will put away the verbal grenades in China
June 1-- GM files for bankruptcy protection
June 1-- Brown confident of saving 'many' Vauxhall jobs
June 1-- Fresh optimism boosts Dow
June 1-- GM: it’s the fallout we should worry about
June 1-- Tangle of weeds awaits to strangle US green shoots
June 1-- General Motors declares bankruptcy – the biggest manufacturing collapse in US history June 1-- The General Motors bailout only delays an inevitable crash
June 1-- GM bankruptcy is a good thing
June 1-- Traders shrug off GM collapse as shares soar
June 1-- Bad design the driving force behind GM's malaise
June 1-- Pressure on UK manufacturers continues to ease, survey finds

Scotland

June 1-- Positive outlook as companies forecast decline to slow
June 1-- Thousands fear for their jobs at Vauxhall

Australia

June 13-- Looking locally in the search for top CEOs
June 12-- Recovery signs put rate rises on agenda
June 13-- A step ahead of recession, for now
June 13-- Feast for the bankers, famine for customers
June 13-- Nuclear is 'on the way'
June 13-- Dubai calls shots
June 12-- China factory output lifts hopes for world economy
June 2-- It's Government Motors
June 2-- China in price showdown with Rio, BHP
June 2-- Global LNG glut won't slow $200b boost
June 1-- Rudd fights his way down the boulevard of broken dreams
June 1-- China's sky-high growth does not tell the full story