Wikinvest Wire

Monday morning links

Monday, December 08, 2008

Car bailout hopes rise as EU and China plot next moves - Reuters
Dow Chemical cuts 5,000 jobs, closes 20 plants - CNN/Money
3M lowers full-year outlook, cuts 1,800 jobs - MarketWatch
Debt-Ridden Tribune Co. Considers Bankruptcy - Washington Post
Will Keynes save the world again? - Guardian
Deflation’s Arrival Will Mean Savings, Profits - Bloomberg

Oil rises on talk of auto bailout, stimulus - CNN/Money
Gold Gains in London as Weaker Dollar, Higher Oil Boost Demand - Bloomberg
Highly traded ETFs and ETNs slip on oil - MarketWatch
Contango Pays Most in Decade as Shell Stores Crude - Bloomberg
Cabot's remains bullish on China - MarketWatch
Malaysia wants OIC countries to reconsider gold Dinar for trade - NST Online

US task: Put jobless into jobs - Christian Science Monitor
U.S. Automaker Survival Plans May Deepen Recession on Lost Jobs - Bloomberg
So, you want to save the economy? -
Poll: 67% cutting back on holiday spending - CNN/Money
In String of Bad News, Omens of a Long Recession - NY Times

German Industrial Output Drops on Machinery Orders - Bloomberg
China auto sales fall in November - AP
Euro Dreams Fade for Zloty, Forint, Koruna as Currencies Tumble - Bloomberg
Producer prices tumble in November as inflation falls sharply - Telegraph
No U.S.-style housing collapse in Canada: RBC - Globe & Mail
In tough times, Russia shows new desire to seize assets - IHT
Japan Bank Lending Grows at Fastest Pace Since 1992 - Bloomberg

Are We Seeing Housing Market Manipulation - Seeking Alpha
How Freddie Mac halted regulatory drive - AP
Housing Price Corrections in the Bay Area - Seeking Alpha
Rent Now, Buy Later - NY Times

Paul Volcker is back, and he warns of tough times ahead - LA Times
Fed, BOJ Signal We Are All Islamic Bankers Now - Bloomberg
Central Bank Miscast in Spaghetti Western Role - Bloomberg

David Gregory is officially introduced as 'Meet the Press' moderator - LA Times
Parties to meet over Chicago factory sit-in - USA Today
Recycling goes from boom to bust as economy stalls - AP

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