Economics news headlines

Bank of Israel raises rates by 25bps to 1% – Big PictureUS home resales up 10% in October before tax credit ends – FTFitch downgrades Mexico rating to BBB – FTS&P ranks banks: just 9 of 45 banks pass stress test – FT Yemen is running out of water – FTChina’s five largest banks submit capital-raising plans – FT Alphaville Chinese regulators urge banks to raise capital and slow lending – NYT Investors look to Africa for higher returns – ReutersAluminium overpriced? Growing surplus prompts bubble fears – BloombergEgypt and Kuwait ETFs planned – WSJ Fed vs. FOMC forecasts: the latter are worst-case scenarios – VoxEUEurope’s view of the ‘USSA’ – Big Picture
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