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Noteworthy News – July 5, 2011

Economy:

Some like it hot: Which emerging economies are at greatest risk of overheating? – Economist

Texas, the jobs engine - Los Angeles Times

The Pursuit of Happiness: Can We Have an Economy of Well-Being? – Brookings Institute

Markets:

Why you can’t hedge tail risk - Reuters

Watch The Markets As Distress Over Debt-Ceiling Debate Grows -Ratings Firms - Wall Street Journal

Politics:

Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job – The Weekly Standard

Why Not Index Taxes to Unemployment? - The Atlantic

U.S. caught China buying more debt than disclosed – Reuters

How the world paid the hidden cost of America’s quantitative easing – Guardian

Banks:

Barclays Releases Updated Report On Top 40 Greek Debt Holders – Zerohedge

Russia rescues Bank of Moscow in record bail-out – BBC News

 

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Posted in Economics, Markets, Media, Politics.


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