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Things worth reading: 1st December 2009

Things we're reading today include …

Economies and Economists

Willem Buiter Joins Citi as Chief Economist – Business Wire

Morgan Stanley warns UK risks full-blown debt crisisThe Times

Barnier fails to reassure City over 'catastrophic' appointmentThe Independent
Eurozone sees positive inflationBBC
Greece admits debt concernsBBC

Emirates must take their heads out of the sand and learn from this crisis The Telegraph
Gulf state turns its back on Dubai World's $59bn debtThe Independent

India sets deadline for IFRS introductionFinancial Times
Indian economy continues growthBBC
China rejects EU currency demandBBC
Australia interest rates rise for third consecutive monthThe Times

Harvard ignored warnings about investments -Boston Globe 
US gets tough as lenders fail to help homeownersThe Independent

Debt

Record fall in consumer borrowingBBC
Consumers repay record levels of debt as new home loans riseThe Independent
Banks braced for record debt defaults in the New YearThe Telegraph
Fears of credit card crisis as bank write-offs doubleThe Telegraph

Companies

Plus Markets still shrinkingFinancial Times


 

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About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.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...

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