Wikinvest Wire

Wednesday morning links

Wednesday, April 22, 2009

World economy in severe recession, IMF says - Reuters
AP Exclusive: Fed tests harder on regional banks - AP
Yahoo profit tumbles, restructuring continues - MarketWatch
Fannie, Freddie Defaults Rise - Bloomberg
Housing Bubble Smackdown: Bigger Crash Ahead - InfoWars
We Fought A.I.G. and A.I.G. Won - NY Times
Freddie Mac CFO found dead - CNN/Money
The business of water - Fortune

Oil hovers under $49 ahead of US inventory report - AP
Inflows to gold ETFs hits all-time high in Q1: WGC - Reuters
Banks' Quarterly Earnings Are Misleading - Huffington Post
Jim Rogers Bares Secrets of Investing - Bloomberg
Gold's confusing behavior - MarketWatch
Commodities Boom and Bust - Metal Miner

How economics lost sight of real world - Financial Times
Soaring U.S. Budget Deficit Will Mean Billions in Bond Sales - Bloomberg
Why the ‘green shoots’ of recovery could yet wither - Financial Times
Gold Standard and the Definition of Price Stability - Seeking Alpha
Call This Deflation? - 24h Gold

China's economic outlook brightens - CNN/Money
Budget 2009: Rich face 50% top tax rate above £150,000 - Guardian
Budget 2009: IMF contradicts Darling's growth claim - Guardian
Japan's March trade surplus decimated by exports - MarketWatch
Steinbrueck May Offer $1.1 Trillion Toxic-Asset Plan - Bloomberg
Central bank darkens view of recession - Globe & Mail
Canada Cuts Rate to 0.25%, May Keep It There for Year - Bloomberg
Sweden cuts rates to record low of 0.5% - Financial Times

Las Vegas tops foreclosure list - CNN/Money
An Effort to Save a City by Shrinking It - NY Times
Mortgage rates likely to stay down all year - MarketWatch
For Housing Crisis, the End Probably Isn’t Near - NY Times

Big bank profits are bogus! Massive public deception! - Money and Markets
'Cult of finance' still protecting failed banks, economist says - MarketWatch
Regarding Wall Street's REIT Bait-And-Switch - Zero Hedge
Fed's Hoenig: Let insolvent financial firms fail - Reuters

More Wii Warriors Are Playing Hurt - NY Times
South Korea's 'seal men' suffer in downturn - LA Times
World's major rivers 'drying up' - BBC


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