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News
Operation Twist Brings No One to the Dance Floor
USD continues to surge amid safe haven demand; EUR breaks below 1.35, EM currencies drop 1-2.5%. The Fed delivered “Operation Twist” but bleak economic outlook continues to weigh on sentiment. Czech CB remains put, South African CB expected…
links for 2011-09-21
Greece to front-load austerity, troika to return | Reuters
"Greece pledged to bring forward painful austerity measures on Tuesday, convincing international lenders to return to Athens early next week…
links for 2011-09-20
Will the Senate Forget the Lessons from Japanese-American Internment? » Blog of Rights: Official Blog of the American Civil Liberties Union
"The U.S. Senate is considering the unthinkable, changing…
Downgrades and Defaults
EUR/USD and European stocks recover amid hopes of Greece aid; market shrugs off Italy’s downgrade. BBH Sovereign Credit Rating Model suggests that further downgrades for Italy and Spain are likely.
links for 2011-09-19
AppleInsider | Samsung planning legal offensive against Apple's unreleased iPhone 5
(tags: apple mobile patents)
Daniel Yergin's letter to the…
links for 2011-09-18
Econbrowser: Guest Contribution: "Europe's Lehman Moment"
(tags: sovereign-debt-crisis europe)
links for 2011-09-17
I’m Leaving TechCrunch. Here’s Why. | TechCrunch
(tags: journalism technology)
Europe is turning back to national identity – and it's exhilarating |…
links for 2011-09-16
Liquidity fix not enough for Europe: investors | Reuters
"Troubled euro zone banks probably need more aggressive capital injections to get through turmoil caused by Europe's worsening debt…
links for 2011-09-15
The Libertarian Three-Step Program | Bleeding Heart Libertarians
"Why didn’t the patient buy insurance? Because the price was too high. Why is it so high? Talk about the specific ways in which…
Currencies and Commitments
Market sentiment continues to improve as Greek steps back from the abyss (again); RBNZ holds. EUR/USD trades near 1.38 amid improving backdrop; market likely to focus on data in today’s session. Russia’s rate move seen as technical move to…