Sunday, May 30, 2010

It's the economy (Weekend Edition, May 29 and 30, 2010)

Planning for the worst now in the Gulf, more pressure for the Euro and it's a lovely building going broke, some of the items of note from the weekend financials.

Globe and Mail-- After another failure, BP scrambles for next solution
Globe and Mail-- Content providers scramble to write the iPad’s future
Globe and Mail-- Canada ready to spend $1B on maternal health: sources
National Post-- Oil spill puts future of BP in doubt
National Post-- 16 GB iPads nearly sold out across Canada
National Post-- Banks banking on new customers
New York Times-- U.S. Plans ‘for Worst’ in Gulf, Seeing Risk in Leak Strategy
New York Times-- As Deflation Looms, E.C.B. Keeps Its Eye Firmly on Inflation
USA Today-- Poll: Debt stresses out Americans
USA Today-- Automakers rely more on 0% financing to close deals
Guardian UK online-- Fury and despair as BP admits oil could leak for months
Guardian UK online-- Euro under new pressure after Spain's debt rating is downgraded
Guardian UK online-- London housing shortage to push up prices
Times online UK-- Spain races to avert banking crisis as euro faces slide
Times online UK-- BP’s struggle lands all oil firms in deep water
Telegraph UK online-- Spain is trapped in a 'perverse spiral' as wage cuts deepen the crisis
Telegraph UK online-- Herman and his Frankenstein euro have done enough damage already
Telegraph UK online-- Beijing in a sweat as China's economy overheats
Melbourne Herald Sun-- Never say never again
Sydney Daily Telegraph-- How Sydney's iconic Opera House is at risk of 'financial tragedy'
People's Daily-- China housing market a bubble; gov't policies able to reduce potential damage: economist
People's Daily-- Chinese firms told to invest more in Africa
China Daily-- Wen expects early lanuch of FTA talks with S Korea
China Daily-- Minsheng Bank gets nod for subordinated bond issue
Times of India-- Economy much better now, but healthcare a deficit area: Pranab
Times of India-- India's well placed to take on Round 2 of recession: Joseph Stiglitz

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