Things we're reading today include ...
Economies:
Economic Outlook: Inflation takes centre stage (Financial Times)
Paul Krugman's fear for lost decade (Guardian)
Sir Nigel Rudd fears regulatory issues will put foreign investors off Britain (Telegraph)
Toxic debt fears undermine euro (Financial Times)
Latvia is 'saved from bankruptcy' (BBC)
Trouble in the Middle East's banking centre (BBC)
Weighing the US government’s response to the crisis: A dialogue (McKinsey Quarterly)
Tracking the pulse of the economy: US recession to end in September (USA Today)
Dollar's reserve status 'is safe' (BBC)
G8:
Global Finance Chiefs Cite Signs of Stability (Washington Post)
G8 ministers endorse global financial regulation (Guardian)
G8 finance ministers see crisis easing (Financial Times)
G8 ministers at odds over stress tests (Financial Times)
Regulation:
Paul Myners to fight EU hedge fund curbs (Times)
'Light-touch' reforms raise fears of new bank disaster (Guardian)
Obama calls for more controls on banks, Wall Street (Associated Press)
Companies:
BGI and Blackrock: Merging of two cultures will create a formidable player (Financial Times)
RBS investors say pay chief exec more (Telegraph)
Citi and IFC in global trade funding alliance (Financial Times)
General:
Parents would rather talk with their kids about sex than money (Wallet Pop)
Investors vs. Consumers: Misaligned Interests? (Business Week)
A Virtual Bank With Real Woes (New York Times)
Quote of the Day:
"The Golden Rule - he who has the gold makes the rules."
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Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
