Tuesday morning links

TOP STORIES
• Iranian Council Agrees to Limited Recount - Wash. Post
• Medvedev calls for new reserve currencies - AP
• Calif. Aid Request Spurned By U.S. - Washington Post
• A Stock-Market Pullback: Is the Recovery Stalling? - Time
• Extended Stay Chain Files for Bankruptcy, Hit by Debt - Bloomberg
• Gold’s Summer Holiday - Hard Assets Investor
• Three quick points on the April TIC data - Setser, CFR
• Too Stupid To Survive - Kunstler, CFN

MARKETS/INVESTING
• Crude rises above $72 as dollar falls - MarketWatch
• Comparing Paper Gold to Physical Gold - Seeking Alpha
• Van Eck Files For Junior Miners ETF - Index Universe
• Don't Believe This Rally in Oil - Seeking Alpha
• Curb Your (Commodity) Enthusiasm - Nadler, Kitco
• Willkie?! - Saut, Raymond James

ECONOMY
• Housing starts ratchet up in May - CNN/Money
• Wholesale inflation up less than expected in May - AP
• The Great Depression in O.C.: Are hard times back? - O.C. Register
• Credit Bailout: Issuers Slashing Card Balances - Times
• U.S. homebuilder sentiment lower in June - Reuters

INTERNATIONAL
• Emerging Economic Powers Meet in Russia - NY Times
• ECB warning on banks rattles global markets - Telegraph
• Latvia Will Vote Today on Budget Cuts to Unlock Loan - Bloomberg
• Japan sees improvement; German investors upbeat - Reuters
• China's holding of US bonds drops first time in 11 months - CHINADaily
• Germany’s 'cash-for-clunkers’ scheme fuels sales - Time
• Weak pound helps sustain UK inflation - Telegraph
• 'Real' inflation falls to minus 10pc - Telegraph

HOUSING
• New wave of foreclosures hits US - BBC
• New Worries For Home Builders - CNBC
• High-end hurt in San Diego - LA Land
• California’s foreclosure moratorium starts - O.C. Register

FED/TREASURY/BANKING
• U.S. banks view regulation plans as just proposals - Reuters
• Fisher Says Fed Can’t Offset Treasury-Borrowing Flood - Bloomberg
• Where were regulators when banks were failing? - USA Today
• Regulatory Revamp: Pat on the Back for Bernanke - WSJ Econ Blog

INTERESTING
• Dad's coin obsession costly for family - KearnyHub
• Hollywood Crew Trashes Seattle Homeowner’s Home - ZillowBlog
• New York drivers named most aggressive, angry in U.S. - Reuters
• New Glimpses of Life’s Puzzling Origins - NY Times

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