Economic news headlines

Just in time: Abu Dhabi bails out Nakheel bonds – FTEurozone industrial output fell in October, reversing 6 month gains – FTUS Congress must vote to raise debt ceiling by $2trn to $14,000bn – FT US: House passes Fed audit bill; now with Senate – Econ View Which jobs are most socially useful? – FT Money SupplyEnd of carry trade? Fewer short positions held on dollar – FT UN says drugs money saved banks last year – Observer UNDP calls for stronger capital controls in Asia – FTInflation news wipes out Dubai-related gain in Indian equities – Reuters Greece: deep spending cuts and budgetary reform required – VoxEU Bailed out Nigerian banks in worse shape than thought – FT Money Supply Should the Fed be the chief bubble-fighter? – EconbrowserUAE set to eschew Gulf single currency – FT Money SupplyApposite acronym: BRINK states have swing supply in oil – Paul Kedrosky “We face a real challenge in dealing with that feeling that the crisis is over” – Volcker, quoted on Calc Risk“Regulations, over time, fail. I want to see Congress focus more on a credible system for liquidating the banks that are considered too big to fail” Ms Warren
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