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Noteworthy News – July 12, 2010

Politics:

Struggling states seeking more aid from Washington – Townhall.com

Leaders of the fee world: How much a country’s leader is paid compared to GDP per person – The Economist

It’s always the economy, stupid – Washington Post

Economy:

Top 10 Signs of a Troubled Economy and/or the Apocalypse - Time

Germany’s exporting prowess is leaving the rest of the euro area behind – The Economist

China’s Trade Surplus Widens, Adding Pressure on Yuan – Bloomberg

Europe presents main threat to global recovery, IMF says - Washington Post

Biggest Defaulters on Mortgages are Now the Very Rich - CNBC/NYT

With the US trapped in depression, this really is starting to feel like 1932 - Telegraph

Greenspan Says Economy May Be Undergoing a ‘Pause’ – Bloomberg

Markets:

Low returns on other investments and fears about the world economy have caused the price of gold to soar. Don’t count on its continued rise – The Economist

So, How’s Our Stock Market Recovery Doing? – Business Insider

Markets See Biggest Rally Since May - New York Times

Mortgage rates: How low can they go? – MSN Money

Banks:

The rise of China’s state-backed banks is stunning. But success will force the model to change - The Economist

1500 Bankers went to Jail After the S&L Crisis. Almost None Today. – ZSpace

No margin for error in Wall St bill’s final test – Reuters

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Posted in Economics, Markets, Media, Politics.


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