Economics news headlines

November 6, 2009 10:45am

We are underestimating risk of clearing house collapse – FT

US slaps duties on $2.6bn worth of Chinese steel pipe imports - FT

Fannie Mae loses $19 billion in Q3; requests $15bn bail-out – FT Alphaville

Sri Lanka follows India in buying gold – FT

Russia woos investors before return to international debt markets – FT

US productivity rise – FT (yes it has: Brad de Long; no it hasn’t: Business Week)

Japan, Spain, Czech Republic: pay-to-go schemes for migrants – Marg Rev

“Deed for Lease” scheme: some borrowers can lease their homes – Fannie Mae

Argument against Roubini’s carry-trade-fuelled bubble – Economist

Bad incentive: too-big-to-fail invites banks to grow big, quickly – Felix Salmon

IMF on US mortgage lenders: loudest lobbyists made riskiest loans – WSJ

How the world can share the climate change burden fairly – VoxEU

And do cellphones really outnumber light bulbs in Uganda? – Marg Rev