News Round-Up: 9 Jul 2008 | Credit Writedowns

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News Round-Up: 9 Jul 2008

Edward Harrison | 9 July 2008 02:00

Real economy

Why GM Should Embrace Bankruptcy – Market Movers

UK not OK – FT($)

Real world

Much of U.S. West Coast Under `Explosive’ Fire Threat – Bloomberg

Anglican Vote on Female Bishops Sparks Threat of Separation – Bloomberg

American Obesity – Market Movers

Can’t Keep the Weight Off? Maybe Leptin Is the Culprit – WSJ($)

Obit

John Templeton, Global Investing Pioneer, Dies at 95 – Bloomberg

Markets

Steinhardt Says Stocks Will Extend Drop on Banks, Oil – Bloomberg

Housing

Property squeeze spreads to Europe, says Savills – FT($)

Savills Drops the Most Since 2001 on Housing Slump – Bloomberg

Separating couples still living together due to credit crunch – Telegraph

Commodities

Output plummets at huge Mexican oilfield – FT($)

Oil Tumbles as Signs of Slowing Economy Spur Commodity Selling – Bloomberg

Money

Euro-Zone Credit Pricier Even Before ECB Rate Rise – Real-Time Economics

Lacker to Fed: Don’t Wait Too Long on Rates – Real-Time Economics

Bank of Canada signals worst of credit crunch over – National Post

Bernanke: If Fed Gets More Responsibility, More Power Needed Too – Real-Time Economics

Fed’s Lacker Says Gradual Recovery Should Prompt Higher Rates – Bloomberg

The Economic Policy of John McCain – Market Movers

When the Bloom is off Obama’s Rose – The Moderate Voice

VPs office pushed climate purge – WSJ($)

Government Spending and Inflation – Safe Haven

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.

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