Drill Baby Drill

February 10, 2011

Mercenary Links Roundup for Wednesday, Feb 9th (below the jump).

02-09 Wednesday

Oil-Drilling Boom Under Way in U.S. – WSJ.com

Bernanke Defends Fed Policies to G.O.P.-Led House – NYTimes.com
Bernanke Says Unemployment in U.S. to `Remain Elevated’ Even After Decline
Bernanke warns against steep budget cuts | Reuters
Two Fed Skeptics of Bond Purchases Say Inflation Underscores Stimulus Risk

China Developers Move Beyond Shanghai, Beijing, Defy Curbs – Bloomberg
China Is Orchestrating A 30% Crash In The Property Market | zero hedge
Chinese tightening fears hit Aussie dollar

Soaring debt pushes Portugal towards bailout
Anglo Irish Lost 17.6 Billion Euros in 2010 – NYTimes.com
King Faces Ticking Clock on Interest Rates as Inflation Soars
Britain’s experiment in austerity

Daily chart: Arab unrest index: The Shoe Thrower’s index | The Economist

German Bundesbank President Axel Weber No Longer Seeking ECB Role
Weber’s Withdrawal Opens Up ECB Race as Debt Crisis Persists

A Report on the Nearly 2-Yr-Old Bull Market in Stocks – Barrons.com
Risk asset rally struggles for traction
Dan Loeb Concerned About Consensus Bullish View

HK exchange open to alliances, adds voice to merger frenzy | Reuters
Germans in Talks to Buy Big Board – WSJ.com
NYSE Steals LSE’s Thunder – WSJ.com

UN Sees Risk of ‘Widespread’ Hoarding, Wheat Gains – Bloomberg
Corn Futures Surge on Lower Forecast – WSJ.com
Commodity ‘boom’ boosts Rio Tinto (RIO) | Main Section
China Outlines Farm Subsidies to Boost Grain Production – WSJ.com

Africa Rising: Catering to New Tastes as Incomes Climb – WSJ.com
Eurofighter sees strong demand for fighter jet market | Reuters
Billionaire Ambani’s Wealth Eroded as `Panic’ Starts Rout – Bloomberg
Henninger: Is Egypt Hopeless? – WSJ.com

Suspicion of Forex Gouging Spreads – WSJ.com
Insider-Trading Probe Snares Trader – WSJ.com

Coca-Cola Profit Soars on Acquisition Gains, Revenue Growth
Freddie Mac COO Bruce Witherell resigns | Reuters

GOP critic calls Joe Biden’s $53 billion high-speed rail plan ‘insanity’

PetroChina Buys Encana’s Cutbank Stake for $5.4 Billion – Bloomberg
Lower Output, Weak Demand Hit Gazprom – WSJ.com
Gasoline Inventories Jump To 20 Year High As Gas Price Surges

Cisco spooks Street again with weak outlook, margins | Reuters
Nokia CEO Stephen Elop rallies troops in brutally honest memo
Apple’s New iPad in Production – WSJ.com
Clearwire Abandons Retail Strategy – WSJ.com

Facebook and Google size up takeover of Twitter
Twitter’s Suitors Talk in Billions – WSJ.com

Married GOP Congressman Sent Sexy Pictures to Craigslist Babe
How Great Entrepreneurs Think
Fleas’ Spectacular Jumps Start at Their ‘Feet,’ Study Shows
Ravens stressed by ‘gang life’

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