Monday, May 10, 2010

It's the economy (Monday, May 10, 2010)

BC and Ontario take the lead for the Conference Board, Inside the deal and Financial shock and awe in Europe, some of the items of note from the financial pages for Monday.

Globe and Mail-- Dow posts biggest gains in a year
Globe and Mail-- Conference Board likes Ontario, B.C.
Globe and Mail-- Africa: The new crude frontier
National Post-- Quicker reform needed after Europe deal, Flaherty warns
National Post-- Broken teeth, heated rows: How the EU deal got done
National Post-- SEC, stock exchanges agreed to boost circuit breakers
Vancouver Sun-- Canada’s forest industry on ‘threshold of a very significant recovery’: forestry executive
New York Times-- A Show of Force in Europe, but Worries Linger
New York Times-- Fannie Mae Seeks Another $8.4 Billion in Aid
New York Times-- Sex & Drugs & the Spill
USA Today-- Relief rally: Stocks, euro soar on EU's $1 trillion rescue
USA Today-- Greece's financial pain could ripple across USA
Guardian UK online-- Europe's €750bn shock and awe bailout has averted a new Lehmans — for now
Guardian UK online-- Royal Bank of Scotland sheds 2,600 more jobs
Guardian UK online-- Funeral costs jump almost 50%
Times online UK-- Markets soar as EU agrees €750 billion rescue
Times online UK-- Irish bad bank claws back cash ... in Britain
Telegraph UK online-- Europe prepares nuclear response to save monetary union
Telegraph UK online-- Shock and awe may not be enough to save Europe
Telegraph UK online-- Is the UK trying to upstage Greece?
Melbourne Herald Sun-- Xstrata puts $30m project on hold due to resources tax
Melbourne Herald Sun-- Online and newspaper job ads fall for first time in three months
Sydney Daily Telegraph-- Budget 2010 leaks and announcements
People's Daily-- Inflation could rise to 5%: Economist
People's Daily-- Greek debt crisis won't have high impact on China: Fan Gang
China Daily-- China stocks stage rebound from eight month low
China Daily-- Hainan officials rule out bubble burst
Times of India-- India immune to debt crisis in Europe: Govt
Times of India-- India may gain from crisis in Europe: Basu

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