News Round-Up: 7 Jul 2008

| 7 July 2008 07:25

Politics
Britain must act to prevent an attack on Iran – FT
Congress tries to tighten commodities loopholes – MarketWatch
Obama Faces Resistance From Top Supporters of Clinton – WSJ

Economy
GM Weighs More Layoffs, Sale of Brands – WSJ
Recession is not the worst possible outcome – FT
Lufthansa Faces Flight Disruptions Over Walkouts for More Pay – Bloomberg

Markets
TIPS Flunk Inflation Test as Fuel, Food Overtake CPI – Bloomberg

Housing
Japan’s growth tails off – Global Property Guide
China: A bet on home prices – China Daily

Financial Services
Merrill May Sell Bloomberg Stake, Some of BlackRock – WSJ
Consumers get rare chance to try to effect changes in credit-card rules – MarketWatch
Swiss banks may need to raise $68 billion more – MarketWatch
Regulator watching troubled UK bank – Irish Independent

Society
Bertha likely to be first hurricane of 2008 – MarketWatch
America’s human capital is tested – FT

German
US-Studie beziffert Verluste der Finanzinstitute auf 1600 Milliarden Dollar – Sonntagszeitung

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

Related Posts
More About: