Tuesday morning links

TOP STORIES
• Security Council Condemns North Korea Nuclear Test - Bloomberg
• Crunch time looms for GM, Chrysler restructuring - Reuters
• Goldman Says ‘Worst Is Over,’ Recommends BHP Billiton - Bloomberg
• Angelo Mozilo of Countrywide has several defensive options - LA Times
• Moody’s Opens Pandora’s Box on AAA Debt Ratings - Bloomberg
• JPMorgan $29B WaMu Windfall - Bloomberg
• Commodities a buy - MineWeb

MARKETS/INVESTING
• Oil falls below $60 as traders eye economic data - AP
• Gold dips on firmer dollar, ignores N.Korea - Reuters
• Hottest Oil Options Show 16% Drop as Demand Falls - Bloomberg
• Gold ETF holdings begin to climb again as price strengthens - Mineweb
• Buy Commodities, Pay Off Debt as Inflation Looms - Bloomberg
• Saudia Arabia: $200 Oil In 2 Years - Fortune

ECONOMY
• The Long Wait for Evidence of a Recovery - Time
• Leading Economies Report a Period of Record Decline - NY Times
• Beware false dawns, consumer downturn is still in its early stages - Telegraph
• Carmakers’ Woes May Cost 6 Million Jobs, Union Says - Bloomberg
• Young face 'tough job prospects' - BBC

INTERNATIONAL
• Russian economic slide worsening - BBC
• China to ease controls on investment approval - CHINADaily
• Dubai to get back gold reserves from London banks - Commodity Online
• Canada’s Flaherty Sees ‘Substantially’ Bigger Deficit - Bloomberg
• Europe Feels the Strain of Protecting Workers and Plants - NY Times
• German Export Plunge Sparked Economic Slump - Bloomberg
• NBS debunks IEA charges - CHINADaily
• South Africa goes into recession - BBC

HOUSING
• Face-Lift for Foreclosure Prevention - Wash. Post
• Real estate bust turns South Dade into ghost town - Miaimi Herald
• ‘Shadow market’ may undercut real estate rebound - CSM
• Home sizes change with the times - LA Times

FED/TREASURY/BANKING
• Fed's Next Task: Reeling In Lifelines - Wash. Post
• Lowest Libor Hides ‘Exceptionally Wide’ Bank Spreads - Bloomberg
• Lehman Brothers disappeared with Hank Paulson's reputation - NewsWeek
• Libor's plunge could trap banks - Telegraph

INTERESTING
• The Back Story to Bailout Nation - The Big Picture
• 10 New Sitcoms Meant to Cure the Recession Blues - NY Times
• HTC Corp. to sell Android-based phone in China - MarketWatch
• Craig Barrett: Goodbye to Intel - BBC