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Noteworthy News – July 11, 2011

Economy:

Manufacturing, 3D Printing and What China Knows About the Emerging American Century – Forbes

More Than 25 Million Americans Are Unemployed Or Can’t Find Full Time Work – NPR

U.S. Payrolls Grow at Slowest Pace in Nine Months as Jobless Rate Climbs – Bloomberg

Rutten: The end of American optimism - LA Times

Drivers Stopping Means Red-Light Cameras Don’t Yield Cash Goals - Bloomberg

Markets:

Why Groupon Is Poised For Collapse - TechCrunch

Oil Prices Climb Back to Pre-Reserve Release Levels – CNBC

World Food Prices Climb on Sugar, Dairy Costs, Stoking Inflation Pressure – Bloomberg

China Raises Interest Rates For Third Time – Forbes

Politics:

Generations of Pork: How Greece’s Political Elite Ruined the Country – Spiegel

QE2 Winners and Losers: How the Fed’s stimulus maneuver helped the rich and screwed the poor – Slate

The president’s failure to demand a reckoning from the moneyed interests who brought the economy down has cursed his first term, and could prevent a second - New York Magazine

Could America go the way of Greece? – CNN

Amazon Taxes Rely on Economic Fallacy – Future of Freedom Foundation

Europe declares war on rating agencies – Telegraph

Banks:

Sheila Bair’s Bank Shot – New York Times


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Posted in Economics, Markets, Media, Politics.


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