Economics news headlines

November 4, 2009 12:19pm

World’s biggest bail-out: RBS overtakes Citigroup – FT

US: orders for manufactured goods up – FT

Water scarcity: market price in Yemen has quadrupled in past 4 years – Marginal revolution

Rebound not recovery: World Bank raises Asian forecast – FT

IMF says global debt will force interest rates up by 2% - FT Alphaville

US job tax credit: half of newly hired workers should be unemployed – FT

Fed will struggle to unwind positions if inflation arrives suddenly – WSJ

…though the ILO warns of stagnant or falling wages – FT

Buffett’s trains: is he banking on demand for coal? – Economist

Trade fairs behind trade wars: US finally arranges stand at Shanghai expo – FT