Monday, May 24, 2010

It's the economy (Monday, May 24, 2010)

The Big Boss is back on track for big bucks, potential job loss could be 50,000 in England from public sector cuts and Wal Mart sets its eyes on Chinese expansion, some of the items of interest from Monday's financials.

Globe and Mail-- Britain unveils £6-billion in cutbacks
Globe and Mail-- China vows currency reform at own pace
Globe and Mail-- Executive compensation set to rise
National Post-- Canada's gold miners try to polish tarnished image
National Post-- Europe debt worries drags Dow to three-month low
National Post-- British Airways crews start five-day strike
New York Times-- Clinton and Geithner Face Hurdles in China Talks
New York Times-- Britain Outlines $9 Billion in Cuts
New York Times-- In Europe, Britain May Face Largest Debt Hurdle
USA Today-- Airfares to Europe surge as fuel surcharges increase
USA Today-- Electronic records are replacing paper stock certificates
Guardian UK online-- Banks warn that higher capital ratios could push Britain back into recession
Guardian UK online-- Union warns Royal Mail it will fight plans for privatisation
Guardian UK online-- Public spending axe to cut swathe through private sector
Times online UK-- First taste of pain as Osborne starts to climb mountain of debt
Times online UK-- Voices from the eurozone: From prostitutes to pasta sellers, ignorance is bliss
Telegraph UK online-- Austerity is the new cool as Europe turns its back on Keynes
Telegraph UK online-- MPC's Adam Posen warns Britain at risk of Japan-style deflation
Telegraph UK online-- More than 50,000 jobs 'at risk’ from £6.2bn cuts
Melbourne Herald Sun-- Brockman's project unaffected by tax
Melbourne Herald Sun-- Traditional owners may oppose Ranger expansion
Sydney Daily Telegraph-- Mining sector ads against tax are dishonest, hysterical - Swan
People's Daily-- Chinese vice premier stresses China, U.S. economic interdependence boosts bilateral co-op
People's Daily-- China supports rescue moves to end EU sovereign debt crisis
China Daily-- China to continue to steadily advance reform related to RMB exchange rate
China Daily-- Retailing giant Wal-Mart to expand business in China
Times of India-- India's economy to grow by 8.5% in 2010/11: PM
Times of India-- Deals Brewing Over A Cuppa In Africa

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