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You are here: Home » News » News from around the web: 2009-07-28
msnbc.com:Study: Texting drivers 23 times more likely to crash
Don’t do it!
Google Sells Stake in AOL, Loses $717 Million
Au pair lockar i sämre tider – DN.se
Swedish article. Everyone wants to be an Au Pair now in this downturn.
Divorce Undermines Health In Ways Remarriage Doesn’t Heal
Women are getting more beautiful – Times Online
But men are still as ugly as before
The Ghosts of Clintoncare – Ezra Klein
Good historical narrative I read at the weekend.
A cautionary tale from China – FT
A wild west story about business in China
The Recession Is Over! – Newsweek.com
This article is on the front cover of Newsweek. Should we look at it as a contrary indicator?
Wanted: Home for 17,000 tons of mercury – Scientific American Blog
Some of this stuff has already been shipped overseas.
A quick turn of events in Latvia – FT Alphaville
No political consensus could mean the next leg down.
Citi ‘milestone’ as Washington takes 34% stake – FT
Citigroup converts government preferreds to common.
Bernanke defends bail-out package – BBC News
This is Bernanke’s charm offensive, taking it to the people.
China warns banks over asset bubbles – FT
Jawboning won’t be enough though
Secretary Geithner’s China Strategy: A Viewer’s Guide – Simon Johnson
Johnson says undue deference to China s unwarranted, especially as they have taken on the risk in building a huge long dollar position. No one asked them to do so.
The End Of The End Of The Recession | zero hedge
Must-read attached PDF on the macro picture in America
Man Without a Plan – Anna Schwartz
Anna Schwartz does NOT believe Bernanke deserves re-appointment
The Great Preventer – Nouriel Roubini
Roubini, like many other economists, supports Bernanke’s re-appointment
There is no easy way out for central banks – Wolfgang Munchau
Despite what Bernanke says, the exit strategy is still unclear
Distraction of the day: Tangerine

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 and reads another five, skills 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. Edward also writes a premium financial newsletter. Sign up here for a free trial.