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Noteworthy News – March 21, 2011

Economy:

Crises in Japan Ripple Across the Global Economy – New York Times

Go East, young bureaucrat: Emerging Asia can teach the West a lot about government – The Economist

Housing starts see biggest drop since 1984 – Reuters

Markets:

NY Fed confirms intervention in currency markets - Pittsburgh Post Gazette

G7 cenbanks in rare currency action after yen surge – Reuters

Q+A: Why is Japan’s yen rising against the U.S. dollar? – Reuters

Politics:

EU ‘playing with fire’ on Irish debt restructuring - Independent

Mandatory Spending to Exceed all Federal Revenues — 50 Years Ahead of Schedule – Weekly Standard

Banks:

Mega-Banks and the Next Financial Crisis – Wall Street Journal

China Raises Bank Reserve Requirement for Third Time in 2011 on Inflation – Bloomberg

A Brief History of Money – The Atlantic


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Posted in Economics, Markets, Media, Politics.


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