It's the economy, Tuesday, December 21, 2010

Pity the bankers? A wave of failure on the horizon for Europe and India is still number one in the outsourcing, some of the items of interest from our Financial review for a Tuesday.

Globe and Mail-- Stronach to give up control MI Developments
Globe and Mail-- U.S. FCC adopts Internet traffic rules
National Post-- Bankers around world brace for drop in bonuses
National Post-- Don’t rule out a ‘lost decade’ for the U.S. economy
Vancouver Sun-- Whistler ready for a busy season
New York Times-- A Warning to Portugal as Spain Sells Bonds
Guardian UK online-- Portugal faces threat of credit rating downgrade
Telegraph UK online-- Citigroup warns of fresh wave of bank failures in Europe
Sydney Daily Telegraph-- Dick Smith says wealthy are greedy as no bank bosses respond to donation call
China Daily-- China urges EU to lift bans on hi-tech goods exports
Times of India-- India still world's No. 1 destination for offshore outsourcing