Economic news headlines

  • Russia predicts more bank failures in 2010 than 2009 – Money Supply
  • Chinese SWF NSSC can increase foreign holdings to 20% – Oxford SWF
  • Japan unveils regulatory reform… – FT
  • … as Basel proposals require banks to hold purer core equity… – FT
  • … in unpopular changes to the definition of Tier 1 equity, et al. – FT Alphaville
  • Venezuela CDS widening in spite of stable oil – CFR
  • McCain wants to resurrect Glass-Steagall – Reuters
  • Export for recovery?   No, just inflate away the debt – VoxEU
  • Who needs ratings: the case for a CDS exchange – FT
  • Regulatory convergence creates instability. Diversity is required – VoxEU