Economic news headlines

Congress discusses reinstating Glass Steagall – Bloomberg Greece sells €2bn of debt to banks – FT Alphaville ‘Build American Bonds’ will be costly – Lex Austria joins Greece in wide CDS spread – FT AlphavilleCzech Republic cuts rates by 25bp to 1% – Money Supply Brazil plans $892m debt swap – Money Supply BoE considers deposit rate as monetary tool; considered lowering in November – BloombergSecond US one month bill auction closes at 0% – zero hedge Norway may be underpriced – ReutersIrish central bank warns on bank capital – WSJ Nowotny signals ECB unlikely to raise rates H1 2010 – Bloomberg Gold: “significant risk of downward correction” – Roubini“The struggle over the distribution of losses will be brutal” – Martin Wolf, FTMoody’s warns of sharp sell-off of sovereign debt next year – FTGoogle can predict unemployment – and any other trend – VoxEU
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