Economic news headlines

New capital control for Brazil, effective today – FT Alphaville Philippine government fails to sell local-currency bonds, third time – FT Lex Stagflation fears: high-inflation Venezuela slides into recession – FT Indonesia considers capital controls; rupiah drops sharply – FT 10.6% drop in US house starts – more significant than home sales – Calc Risk Obama warns of double-dip recession if public debt not addressed – FT But unemployment benefits due to end December 31 – NYT Gold run? Try palladium – Ritholtz
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