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Sunday, July 26, 2009
-In competing NYT op-eds, Nouriel Roubini and Anna Schwartz lay out the arguments in favor of (Roubini) and against (Schwartz) a Bernanke re-appointment.
-Funny difference a year (see: plunging output and investment) makes: foreign oil companies are suddenly welcome again in Russia.
-Balance of payments pressures + growing investor risk appetite = emerging market debt bonanza.
-While Russia's ticking demographic timebomb made the news this past weekend, Shanghai was hard at work fighting its own.
-Zsolt Darvas makes the argument for easing euro-area entry criteria.
Labels: central banking, China, credit crunch, emerging markets, Euro, Russia
