Tuesday, May 11, 2010

It's the economy (Tuesday, May 11, 2010)

Nervous traders make a quest for Gold, As goes Greece some say goes America and Brown resigns as the pound rises, some of the items of intrigue for our Tuesday financials.

Globe and Mail-- Gold vaults to record high
Globe and Mail-- SEC says market plunge ‘unacceptable’
Globe and Mail-- EU crisis a boon to Canadian homeowners
National Post-- More than 10,000 trades cancelled over freak crash
National Post-- Canadians top Greeks in household debt
National Post-- Gold hits fresh record in flight to safety
Vancouver Sun-- BC Hydro names Dave Cobb new president and CEO
Vancouver Sun-- Northern wind power surges in BC Hydro's Clean Power Call
New York Times-- In Greek Crisis, Some See Parallels to U.S. Debt Woes
New York Times-- I.M.F. Plays Deal Maker in Europe
New York Times-- 4 Big Banks Score Perfect 61-Day Run
USA Today-- ETF balancing mechanism failed during big stock drop
USA Today-- Oil spill testimony to Congress: Don't blame us
Guardian UK online-- Pound rises as City sees Labour-Liberal Democrat talks crumble
Guardian UK online-- Hung parliament could reduce public-service outsourcing, says Babcock chief
Guardian UK online-- Industrial production shows strongest growth for almost a decade
Times online UK-- The True Costs of the Euro
Times online UK-- Eurozone strugglers must act decisively
Telegraph UK online-- Pound strengthens as David Cameron's coalition takes charge
Telegraph UK online-- We cannot ignore the market reaction
Telegraph UK online-- BP and Transocean blame each other for Gulf of Mexico oil spill
Melbourne Herald Sun-- Dollar strength looks at China revaluation
Melbourne Herald Sun-- Transfield sells wind farm
Sydney Daily Telegraph-- Rich and poor slam 'no frills' Federal Budget
People's Daily-- Fix income disparity urgently: academics
People's Daily-- China to invest 1.5 billion yuan on mineral exploration in Xinjiang
China Daily-- EU's massive bailout to affect China
China Daily-- China inflation rises as housing, food costs jump
Times of India-- 'Crisis to have little impact on India'
Times of India-- 'We will make 12% of global zinc output'

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