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Noteworthy News – January 24, 2011

Economy:

Can Obama get it right on the economy? – Washington Post

Economy Probably Sped Up as U.S. Consumer Spending Rose Most in Four Years – Bloomberg

Economy on upswing — and with it, traffic – St. Louis Today

Markets:

China’s Currency: Stranger than fiction – The plot thickens on the rise of the “redback” - Economist

The Big Mac Index – An indigestible problem – Economist

Euro hits 2-month high vs dollar, stocks gain – Reuters

S&P 500 and the Dow: Tale of two markets - Marketwatch

Politics:

Tom Hoenig, the Fed’s dissident voice on interest rates – McClatchy

`Fiscal Meltdown’ for States Exaggerated, Group Says - Bloomberg

House GOP Lists $2.5 Trillion in Spending Cuts – US News

Reducing the deficit and growing the economy will be the hot topics in 2011 – Washington Post

Banks:

China Bank Moves to Buy U.S. Branches - Wall Street Journal

Banks set for staff exodus to US rivals over pay rules – Telegraph

Spain to Ramp Up Bailout of Banks – Wall Street Journal

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Posted in Economics, Markets, Media, Politics.


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