Economic news headlines

Higher fuel prices push UK inflation to 1.9% – FTFed to split monetary and liquidity policies – FTGreek plans include 90% banker bonus tax – FT AlphavilleKazakh central bank shifts reserves 5% from dollars to euro – BloombergChile rate expected to remain at 0.5% – WSJ South African inflation slows to 5.8%, stays in target – BloombergFDIC’s Bair bets on more bank failures in 2010 than 2009 – Calc RiskMacao residents to gain easier access to yuan – Global TimesParadox of toil: only possible with zero rates – Economist S&P says company defaults at 260, record high – FTIran: interest rates >20% causing low use of capacity – FT
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