Monday, December 13, 2010

It's the economy, Monday, December 13, 2010

Mr. Carney's debt load worries, Canada a safe haven in bonds and the Eurozone's troubles need special attention, some of the items of note from our Monday financial review.

Globe and Mail-- Canadians' debt-to-income ratio now higher than Americans'
Globe and Mail-- RBC, Manulife hit by ratings downgrades
National Post-- Debt reckoning looms
National Post-- 'Safe haven' Canadian covered bonds fetch premiums on rising sales
Vancouver Sun-- Prudent budget coming up for B.C.
New York Times-- Block Those Metaphors
Guardian UK online-- Allied Irish Banks bonuses blocked
Telegraph UK online-- The Eurozone is in bad need of an undertaker
Sydney Daily Telegraph-- Not my role to attack banks - Stevens
China Daily-- Chinese stocks under pressure
Times of India-- Ease hi-tech exports, India to Germany

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