Tuesday, March 09, 2010

It's the economy (Tuesday, March 9, 2010)

Some in the US look to be rid of NAFTA, a new credit cruch on the horizon and  China holds to the US dollar,
some of the items of note for Tuesday.

Globe and Mail-- Concerns mount over credit default swaps
Globe and Mail-- Chevron to shed 2,000 jobs this year
Globe and Mail-- China commits to U.S. Treasuries
National Post-- Rushed launch takes wind out of newest cellphone carrier
National Post-- Macroimprudential monetary policy
National Post-- U.S. lawmakers urge scrapping of NAFTA
Vancouver Sun-- Major construction projects planned or underway in B.C. worth $187 billion
New York Times-- Demand for Lithium Is Poised to Take Off
New York Times-- Chevron Says It Will Cut 2,000 Jobs
New York Times-- Proposal for European Monetary Fund Meets Resistance
USA Today-- Cisco to introduce new heavy-duty Internet router
USA Today-- Toyota CEO hints at March sales rebound in U.S.
Guardian UK online-- Sachs calls for Robin Hood tax on 'smirking' Wall Street
Guardian UK online-- Trade deficit soars to £8bn highest level since July 2006
Guardian UK online-- Eurotunnel profits slump
Times online-- Europe plans its own answer to the IMF
Times online-- Pound takes new beating on growing trade gap
Telegraph UK online-- Just how low does sterling have to go to boost exports?
Telegraph UK online-- New credit crunch risk as banks face funding crisis
Telegraph UK online-- Fitch warns Britain and questions Greek rescue as sovereign risks grow
Melbourne Herald Sun-- CBA tightens screws on lending
Melbourne Herald Sun-- Australian Bankers Association adopt backup chief
Sydney Daily Telegraph-- What crisis? Gen Y shrugged off financial meltdown, finds Viewpoint Report
People's Daily-- China to fine tune its stimulus plan
People's Daily-- China reaffirms to keep yuan basically stable: official
China Daily-- China calls US Treasuries important, wary on gold
China Daily-- PetroChina, Shell set sights on Arrow
Times of India-- Auto sales zoom a record 35%
Times of India-- Hero Honda may build 4th plant, targets rural mkts

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