Economics news headlines

India exceeds growth forecasts: early interest rate rise? – FTFirst the debt standstill. Now Nakheel wants suspension of three Islamic ‘bonds’ – FT Alphaville But how do you unwind a sukuk? They’re not bonds – Big PictureIs QE working? UK money supply and bank lending fell in October – FTUS: Food stamp use soars to one in four children; stigma fades – NYTIrish CDS spreads widened significantly following Dubai – Baseline ScenarioGSK to cut drug prices for developing countries – FTBlack Friday: more shoppers, spending less – Financial ArmageddonSpanish directors’ pay to be made public – FTTBTF? Thirty global firms named by FSB – list, FTECB move-slow-start-early exit strategy at odds with IMF – FTChina: “The scale of excess capacity is breathtaking” – FTBen Bernanke named foremost thinker, followed by Obama, Rahnavard, and Roubini – Foreign Policy
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