The Contender

January 3, 2011

Mercenary Links Roundup for Monday, Jan 3rd (below the jump).

01-03 Monday

Russian 2010 oil output hits post-Soviet record | Reuters

Qu Hongbin: Renminbi will be world’s reserve currency
New Rules Could Slow Growth in Hong Kong’s Yuan Trade

Illinois Has Days to Plug $13 Billion Budget Gap – Bloomberg
Bankruptcy: For Cities, There Are Downsides – BusinessWeek
At Inaugurations, Governors Warn of Tough Times –
Snowplow Slowdowns Might Become American Way: Kevin Hassett

Suddenly, the U.S. Is Where the Optimism Is – BusinessWeek
Factories grow for 17th straight month in Dec. – Yahoo! Finance
Big Firms Poised to Spend Again –

Buyout Firms Offering LBOs to Flood U.S. IPO Market – Bloomberg
Electronic Trading Creates a New Financial Landscape –

Bearish predictions from China for 2011 | beyondbrics
Overheating East to falter before the bankrupt West recovers
China’s Inflation May Cool With Factory Slowdown, Export Earnings Program

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Cooking Oil’s Surge Shows How Inflation Hits Chinese –
China backs Spain to emerge from crisis: Beijing
China Reaches Deep Into Central Asia –
Oil’s Most Accurate See Second-Highest Price in 2011 – Bloomberg

Euro falls as Estonia joins the eurozone
Lack of Jobs in Southern Europe Frustrates the Young

Restaurant Performance Index slips in November
Consumer Bankruptcies Rose 9% to 1.5 Million

Ex-Treasury chief Paulson loses $1 million on DC home | Reuters
Bank of America to Buy Back Bad Loans from Fannie, Freddie –

Republicans may starve financial reform of cash | Reuters
Corporate Bond Spreads in U.S. Shrink Below Rest of World
Goolsbee Says Failure to Raise U.S. Debt Ceiling Would Be `Catastrophic’

Apple iPhone alarm woes continue across the globe | Reuters
IPhone Alarm Glitch Greets New Year –
Toshiba launches tablet to challenge iPad | Reuters

Pfizer’s Chantix Runs Short in Japan After Cigarette Tax Rise

Australia Rushes Aid to Flooded Areas –
Dead fish cover 20-miles of Arkansas River –
1,000 blackbirds fall from Arkansas sky on New Year’s Eve

Goldman Said to Lead $500 Million Investment in Facebook
Goldman Clients Jockey for Shot at Facebook Shares –
8 Charts That Show Why Facebook Is Worth $50 Billion

Smarter Than You Think – When Computers Keep Watch

Judge denies bail for insider trading defendant | Reuters
Insurers Held to Task Over Death-Bet Policies –
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