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Noteworthy News – August 11, 2014

Economy:

Russia’s blow to globalization - Washington Post

The Obama Economic Recovery Is A Mirage For Most Americans – Investor’s Business Daily

Financial rationing scars Indian economy – Economic Times

Corporate 1% in U.S. Gets Wealthier While Cash Piles Up – Bloomberg

The Trucking Industry Needs More Drivers. Maybe It Needs to Pay More – New York Times

UK hiring plans at 16-year high, according to BDO report – BBC

UK employers expect scant upturn in wages: survey – Reuters

Markets:

Wall Street: Whose bull market is it? - Christian Science Monitor

China posts benign consumer inflation in July, but producer deflation stays stubborn – Reuters

Market Breathes Sigh Of Relief As China Inflation In Line With Expectations – Forbes

Politics:

Devalue the pound to ‘transform’ economy, says Labour’s biggest donor – Telegraph

Putin’s European Food Ban Bad For Russia, Good For Brazil – Forbes

Banks:

New global crash looming: bank boss – New Zealand Herald

Portugal bank failure knocks recovery – Financial Times

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Posted in Economics, Markets, Media, Politics.


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