USATODAYmoney: Fed, other central banks act to ease strains in world markets http://t.co/ZYjpc6gQ
Original Tweet: http://twitter.com/USATODAYmoney/status/141876452038676480
Dow up 490 points: Stocks soar after central banks' moves
By Gary Strauss, Adam Shell and Matt Krantz, USA TODAY
2011.11.30 03:23 PM
Stocks soared Wednesday after central banks around the world agreed to pump more liquidity into European banks, an effort designed to loosen credit and stimulate economic growth in Europe and prevent its debt crisis from unhinging the global economy.
Wednesday, November 30, 2011
USA Today: Europe crisis could affect trade for Asia, Africa
USA Today: Europe crisis could affect trade for Asia, Africa
By Kathy Chu, USA TODAY
2011.11.30 02:54 PM
HONG KONG – As European banks reduce international lending, it's hurting importers and exporters in Asia, Africa and Latin America, and raising fears of a trade-crippling global credit crunch.
By Kathy Chu, USA TODAY
2011.11.30 02:54 PM
HONG KONG – As European banks reduce international lending, it's hurting importers and exporters in Asia, Africa and Latin America, and raising fears of a trade-crippling global credit crunch.
USA Today: Homebuying contracts hit highest level in a year in Oct.
Homebuying contracts hit highest level in a year in Oct.
By Derek Kravitz, Associated Press
2011.11.30 01:14 PM
WASHINGTON – The number of Americans who signed contracts to buy homes jumped in October to the highest level in a year. But the gain follows three months of declines and isn't enough to signal a housing recovery.
By Derek Kravitz, Associated Press
2011.11.30 01:14 PM
WASHINGTON – The number of Americans who signed contracts to buy homes jumped in October to the highest level in a year. But the gain follows three months of declines and isn't enough to signal a housing recovery.
CNNMoney: Job reports paint positive picture before U.S. data
America's Jobs Crisis
Job reports paint positive picture before U.S. data
By James O'Toole and Aaron Smith @CNNMoney November 30, 2011: 2:27 PM ET
NEW YORK (CNNMoney) -- Private-sector payrolls surged and planned job cuts eased in November, indicating some improvement in the job market and raising hopes for the government employment report due later this week.
Job reports paint positive picture before U.S. data
By James O'Toole and Aaron Smith @CNNMoney November 30, 2011: 2:27 PM ET
NEW YORK (CNNMoney) -- Private-sector payrolls surged and planned job cuts eased in November, indicating some improvement in the job market and raising hopes for the government employment report due later this week.
CNNMoney: China steps on the economic accelerator
CNNMoney: China steps on the economic accelerator http://t.co/CDVWXjH3
Original Tweet: http://twitter.com/CNNMoney/status/141885024181026816
China steps on the economic accelerator
By Aaron Smith @CNNMoney November 30, 2011: 10:48 AM ET
NEW YORK (CNNMoney) -- China is cutting the amount of money banks need to hold in reserve, freeing those funds to stimulate the Chinese economy.
Original Tweet: http://twitter.com/CNNMoney/status/141885024181026816
China steps on the economic accelerator
By Aaron Smith @CNNMoney November 30, 2011: 10:48 AM ET
NEW YORK (CNNMoney) -- China is cutting the amount of money banks need to hold in reserve, freeing those funds to stimulate the Chinese economy.
Tuesday, November 29, 2011
Bloomberg: Home Prices in 20 U.S. Cities Fall More Than Forecast, Case-Shiller Says
Home Prices in 20 U.S. Cities Fall More Than Forecast, Case-Shiller Says
By Alex Kowalski - 2011.11.29 06:18 AM
Residential real estate prices dropped more than forecast in the year ended September, showing the industry at the center of the 2008 financial crisis continues to struggle.
By Alex Kowalski - 2011.11.29 06:18 AM
Residential real estate prices dropped more than forecast in the year ended September, showing the industry at the center of the 2008 financial crisis continues to struggle.
Reuters: Insight: In euro zone crisis, companies plan for the unthinkable
Insight: In euro zone crisis, companies plan for the unthinkable
By Ben Hirschler and Scott Malone
LONDON/BOSTON | Tue Nov 29, 2011 5:30pm EST
(Reuters) - When Novo Nordisk's chief financial officer met marketing colleagues last Friday the conversation moved far beyond the usual discussion of sales and performance. Jesper Brandgaard asked a simple, far-reaching question: how would the firm set prices for two pivotal new insulin products if the euro collapsed?
By Ben Hirschler and Scott Malone
LONDON/BOSTON | Tue Nov 29, 2011 5:30pm EST
(Reuters) - When Novo Nordisk's chief financial officer met marketing colleagues last Friday the conversation moved far beyond the usual discussion of sales and performance. Jesper Brandgaard asked a simple, far-reaching question: how would the firm set prices for two pivotal new insulin products if the euro collapsed?
CNNMoney: A French downgrade could derail eurozone rescue
Europe's Debt Crisis
A French downgrade could derail eurozone rescue
By Ben Rooney @CNNMoneyMarketsNovember 29, 2011: 4:40 PM ET
NEW YORK (CNNMoney) -- In what would be another blow to Europe's beleaguered rescue fund, there is growing speculation that France will eventually lose its top-tier credit rating.
A French downgrade could derail eurozone rescue
By Ben Rooney @CNNMoneyMarketsNovember 29, 2011: 4:40 PM ET
NEW YORK (CNNMoney) -- In what would be another blow to Europe's beleaguered rescue fund, there is growing speculation that France will eventually lose its top-tier credit rating.
Tesco pension fund has appetite for non-core real estate strategies
Real Estate News
Tesco pension fund has appetite for non-core real estate strategies
28 November 2011
UK - Jenny Buck, the newly appointed head of property at the Tesco pension fund, will target higher returns by investing outside core real estate.
Tesco pension fund has appetite for non-core real estate strategies
28 November 2011
UK - Jenny Buck, the newly appointed head of property at the Tesco pension fund, will target higher returns by investing outside core real estate.
Monday, November 28, 2011
SG: Eco Analysis - US Housing: New home sales rose modestly in October (B. Jones)
Eco Analysis - US Housing: New home sales rose modestly in October (B. Jones)
■ Closings on newly constructed dwellings moved higher in October
The number of newly constructed dwellings going to contract rose by 1.3% to a five-month high seasonally adjusted annual rate of 307,000 in October. The reported level of activity last month was below both our (330,000) and the median Street projections (315,000), however. Moreover, back-month revisions shaved 15,000 off the previously posted tallies for July through September.
■ Closings on newly constructed dwellings moved higher in October
The number of newly constructed dwellings going to contract rose by 1.3% to a five-month high seasonally adjusted annual rate of 307,000 in October. The reported level of activity last month was below both our (330,000) and the median Street projections (315,000), however. Moreover, back-month revisions shaved 15,000 off the previously posted tallies for July through September.
Sunday, November 27, 2011
Perspectives on e-commerce: demystifying distribution site selection (JLL)
Perspectives on e-commerce: demystifying distribution site selection
Internet—and now, mobile phone—commerce are growing over twice as fast as store retailing.
View report
Resource Insights: Why isn't the Keystone pipeline extension going to eastern Canada?
Resource Insights
Why isn't the Keystone pipeline extension going to eastern Canada?
So much of the discussion surrounding an extension of the existing Keystone oil pipeline system which spans Canada and the United States assumes that the growing production of bitumen (it's not really oil) from the Canadian tar sands is either going to the United States or to China. But the following question ought to be an obvious one to anyone who knows that Canada imports 43 percent of the oil it consumes: Why isn't there any discussion of a new pipeline to eastern Canada where most of the oil consumed is imported?
Why isn't the Keystone pipeline extension going to eastern Canada?
So much of the discussion surrounding an extension of the existing Keystone oil pipeline system which spans Canada and the United States assumes that the growing production of bitumen (it's not really oil) from the Canadian tar sands is either going to the United States or to China. But the following question ought to be an obvious one to anyone who knows that Canada imports 43 percent of the oil it consumes: Why isn't there any discussion of a new pipeline to eastern Canada where most of the oil consumed is imported?
Thursday, November 24, 2011
WSJ: Euro-Zone Activity in Decline
From http://online.wsj.com/
EUROPE BUSINESS NEWS
NOVEMBER 24, 2011
Euro-Zone Activity in Decline
By PAUL HANNON
LONDON—The euro-zone economy seems set for a contraction in the final three months of this year as the turmoil in government bond markets takes its toll on credit availability and consumer and business confidence.
EUROPE BUSINESS NEWS
NOVEMBER 24, 2011
Euro-Zone Activity in Decline
By PAUL HANNON
LONDON—The euro-zone economy seems set for a contraction in the final three months of this year as the turmoil in government bond markets takes its toll on credit availability and consumer and business confidence.
Tuesday, November 22, 2011
Bloomberg: Pimco’s El-Erian Says U.S. Economic Setting ‘Terrifying’
From http://www.bloomberg.com/
Pimco’s El-Erian Says U.S. Economic Setting ‘Terrifying’
By Cordell Eddings and Betty Liu - 2011.11.22 07:20 PM
Pacific Investment Management Co.’s Chief Executive Officer Mohamed A. El-Erian said U.S. economic conditions are “terrifying” as the nation struggles to recover from recession.
Pimco’s El-Erian Says U.S. Economic Setting ‘Terrifying’
By Cordell Eddings and Betty Liu - 2011.11.22 07:20 PM
Pacific Investment Management Co.’s Chief Executive Officer Mohamed A. El-Erian said U.S. economic conditions are “terrifying” as the nation struggles to recover from recession.
SG: Eco Analysis - US 3Q GDP: Slower growth, but a better mix (B. Jones)
Eco Analysis - US 3Q GDP: Slower growth, but a better mix (B. Jones)
2011.11.22 07:09 AM
■ The Bureau of Economic Analysis pared Q3 GDP growth from 2.5% to 2.0%
Although the headline figure was a touch weaker than our projection (2.2%), the composition of this morning's report was pretty much in line with our thinking. All of the downward adjustment to Q3 GDP could be explained by a larger drag from inventories during the reference period. In contrast to the earlier-reported $5.4-billion build, the real level of stocks actually contracted by $8.5 billion, knocking an additional 0.47 percentage point off Q3 growth. Real final sales advanced at an annualized pace of 3.6%, unchanged from the advance report, as a narrower trade gap was countered by marginally weaker consumer and investment spending. After adjusting for the smaller external deficit, the net contribution to Q3 growth attributable to domestic demand was trimmed by about ¼ percentage point to 3.06%.
2011.11.22 07:09 AM
■ The Bureau of Economic Analysis pared Q3 GDP growth from 2.5% to 2.0%
Although the headline figure was a touch weaker than our projection (2.2%), the composition of this morning's report was pretty much in line with our thinking. All of the downward adjustment to Q3 GDP could be explained by a larger drag from inventories during the reference period. In contrast to the earlier-reported $5.4-billion build, the real level of stocks actually contracted by $8.5 billion, knocking an additional 0.47 percentage point off Q3 growth. Real final sales advanced at an annualized pace of 3.6%, unchanged from the advance report, as a narrower trade gap was countered by marginally weaker consumer and investment spending. After adjusting for the smaller external deficit, the net contribution to Q3 growth attributable to domestic demand was trimmed by about ¼ percentage point to 3.06%.
Monday, November 21, 2011
Chile's mining industry
http://www.economist.com/blogs/americasview/2011/11/chiles-mining-industry
Chile's mining industry
Good copper bad copper
Nov 21st 2011, 22:39 by G.L. | SUR POINT
CHILEAN business has historically been a cosy, clubby world, where deals are sealed with a handshake in social settings. However, now that the price of copper, the country's chief export, has reached record highs, Chile is getting a taste of proper corporate drama.
Chile's mining industry
Good copper bad copper
Nov 21st 2011, 22:39 by G.L. | SUR POINT
CHILEAN business has historically been a cosy, clubby world, where deals are sealed with a handshake in social settings. However, now that the price of copper, the country's chief export, has reached record highs, Chile is getting a taste of proper corporate drama.
USA Today: Economists forecast modest growth for next year
From http://www.usatoday.com/
Economists forecast modest growth for next year
By Martin Crutsinger, Associated Press
The U.S. economy will muddle through the next year without a recession, but growth will be too weak to make much of a dent in the unemployment rate, according to the latest nationwide survey of economic forecasters.
Economists forecast modest growth for next year
By Martin Crutsinger, Associated Press
The U.S. economy will muddle through the next year without a recession, but growth will be too weak to make much of a dent in the unemployment rate, according to the latest nationwide survey of economic forecasters.
USA Today: Existing home sales up 1.4%, still at depressed levels
Existing home sales up 1.4%, still at depressed levels
By Derek Kravitz, Associated Press
2011.11.21 10:03 AM
WASHINGTON – The number of Americans who bought previously occupied homes rose slightly last month but remained at depressed levels. And more deals are being canceled at the last minute, a sign that even those who are looking to buy are worried about the housing market.
By Derek Kravitz, Associated Press
2011.11.21 10:03 AM
WASHINGTON – The number of Americans who bought previously occupied homes rose slightly last month but remained at depressed levels. And more deals are being canceled at the last minute, a sign that even those who are looking to buy are worried about the housing market.
CNNMoney: In Spain, new leadership, same problems
In Spain, new leadership, same problems
November 21, 2011: 10:50 AM ET
Spain is in no immediate danger of going bust. But as its economy shrinks and its banks start to crumble, Spain will look more like its spendthrift southern European neighbor, Greece.
November 21, 2011: 10:50 AM ET
Spain is in no immediate danger of going bust. But as its economy shrinks and its banks start to crumble, Spain will look more like its spendthrift southern European neighbor, Greece.
SG: Eco Analysis - Forecast Update: Home resales posted smaller decline in Oct (B. Jones)
Eco Analysis - Forecast Update: Home resales posted smaller decline in Oct (B. Jones)
2011.11.21 06:35 AM
■ Available data from state realtor associations suggest resales slipped to 4.85 million
In contrast to our previously published call for a 3.1% drop to a three-month low seasonally adjusted annual rate of 4.76 million, the number of homes closed likely dipped by just 1.2% to an above-consensus 4.85 million.
2011.11.21 06:35 AM
■ Available data from state realtor associations suggest resales slipped to 4.85 million
In contrast to our previously published call for a 3.1% drop to a three-month low seasonally adjusted annual rate of 4.76 million, the number of homes closed likely dipped by just 1.2% to an above-consensus 4.85 million.
Sunday, November 20, 2011
Design Centre Chelsea Harbor
Design Centre Chelsea Harbor
Everything you ever wished for your apartment and even more.
Even if you are not planning on buying design furniture or Italian tiles for your bathroom, Design Centre Chelsea Harbor is well worth visiting.
http://www.lomography.com/magazine/locations/2011/11/20/design-centre-chelsea-harbor
A dazzling space for 90 showrooms and over 500 international interior brands. At over 90,000 square feet, it is the largest of its kind in Europe and well-established as a leading design destination. Design Centre occupies three huge glass domes – south, central and north. The space is cleverly decorated with huge pots of trees and orchids, and the installations coming from the dome ceilings are always changing. One time it could be figures of the geese, another time, shining black fish with disco balls.
There is an amazing book store right by the entrance- RIBA Bookshop where you can come to keep up to date with all the latest trends. There are two coffee shops here as well.
Apart from just selling interior design products, Design Centre runs ‘Focus’, which gives great access to everything new, not only to trade specialists but to the general public, before it reaches the stores’ shelves. They also take part in London Design Week by running free seminars, lectures, and master classes.
After you are done with Versace sofas and all that stuff, go and have a walk around the Chelsea harbor itself. Built in the late 1980s it contains luxury apartments, a 5-star home named Wyndham Grand surrounding a small marina with beautiful yachts and boats.
Perfect place for “Lomography-ing”, in my opinion.
Design Centre Chelsea Harbour
Lots Road
London
SW10 0XE
Closest tube station is Fulham Broadway. Can also be reached via Imperial Wharf overground station.
http://www.dcch.co.uk/
written by neja
http://www.lomography.com/magazine/locations/2011/11/20/design-centre-chelsea-harbor
Everything you ever wished for your apartment and even more.
Even if you are not planning on buying design furniture or Italian tiles for your bathroom, Design Centre Chelsea Harbor is well worth visiting.
http://www.lomography.com/magazine/locations/2011/11/20/design-centre-chelsea-harbor
A dazzling space for 90 showrooms and over 500 international interior brands. At over 90,000 square feet, it is the largest of its kind in Europe and well-established as a leading design destination. Design Centre occupies three huge glass domes – south, central and north. The space is cleverly decorated with huge pots of trees and orchids, and the installations coming from the dome ceilings are always changing. One time it could be figures of the geese, another time, shining black fish with disco balls.
There is an amazing book store right by the entrance- RIBA Bookshop where you can come to keep up to date with all the latest trends. There are two coffee shops here as well.
Apart from just selling interior design products, Design Centre runs ‘Focus’, which gives great access to everything new, not only to trade specialists but to the general public, before it reaches the stores’ shelves. They also take part in London Design Week by running free seminars, lectures, and master classes.
After you are done with Versace sofas and all that stuff, go and have a walk around the Chelsea harbor itself. Built in the late 1980s it contains luxury apartments, a 5-star home named Wyndham Grand surrounding a small marina with beautiful yachts and boats.
Perfect place for “Lomography-ing”, in my opinion.
Design Centre Chelsea Harbour
Lots Road
London
SW10 0XE
Closest tube station is Fulham Broadway. Can also be reached via Imperial Wharf overground station.
http://www.dcch.co.uk/
written by neja
http://www.lomography.com/magazine/locations/2011/11/20/design-centre-chelsea-harbor
Thursday, November 17, 2011
S&P: U.S. Real Estate: Stable, But Susceptible To Economic Shock
U.S. Real Estate: Stable, But Susceptible To Economic Shock (00:06:50 min)
Although Standard & Poor’s believes that the U.S. residential and commercial real estate sectors have bottomed out, companies will remain vulnerable to economic shocks--especially homebuilders. Real estate investment trusts (REITs) are well-positioned, but growth in the sector will be muted. In this CreditMatters TV segment, Managing Director Lisa Sarajian looks at the trends shaping both sectors. Topics include single-family home sales and starts trends, and REIT earnings performance.
Although Standard & Poor’s believes that the U.S. residential and commercial real estate sectors have bottomed out, companies will remain vulnerable to economic shocks--especially homebuilders. Real estate investment trusts (REITs) are well-positioned, but growth in the sector will be muted. In this CreditMatters TV segment, Managing Director Lisa Sarajian looks at the trends shaping both sectors. Topics include single-family home sales and starts trends, and REIT earnings performance.
SG: Eco Analysis - US Housing: Signs of life in residential construction activity (B. Jones)
Eco Analysis - US Housing: Signs of life in residential construction activity (B. Jones)
2011.11.17 08:39 AM
■ Housing starts and building permits eclipsed Street expectations in October
The Census Bureau reported that the number of new housing units started dipped by 0.3% to a seasonally adjusted annual rate of 628,000 in October, holding on to all but a fraction of September's reported 7.7% surge. The number of new building permits issued jumped by 10.9% to 653,000 the highest level since March 2010. The reported figures were considerably higher than the respective median consensus forecasts of 610,000 and 603,000.
2011.11.17 08:39 AM
■ Housing starts and building permits eclipsed Street expectations in October
The Census Bureau reported that the number of new housing units started dipped by 0.3% to a seasonally adjusted annual rate of 628,000 in October, holding on to all but a fraction of September's reported 7.7% surge. The number of new building permits issued jumped by 10.9% to 653,000 the highest level since March 2010. The reported figures were considerably higher than the respective median consensus forecasts of 610,000 and 603,000.
WSJ: Banks Face Funding Stress
Banks Face Funding Stress
European Institutions Resort to Potentially Risky Swaps to Generate Liquidity
2011.11.17 01:43 AM
By DAVID ENRICH
LONDON—European banks, increasingly concerned about their ability to access funding, are devising complex and potentially risky new deals that enable them to continue borrowing from the European Central Bank.
European Institutions Resort to Potentially Risky Swaps to Generate Liquidity
2011.11.17 01:43 AM
By DAVID ENRICH
LONDON—European banks, increasingly concerned about their ability to access funding, are devising complex and potentially risky new deals that enable them to continue borrowing from the European Central Bank.
Wednesday, November 16, 2011
USA Today: U.S. economy showing signs of life by several measures
U.S. economy showing signs of life by several measures
From AP Business reports
WASHINGTON – U.S. industrial production rose in October at the fastest rate in three months. Factories made more trucks, electronics and business equipment, a sign that manufacturing is recovering after slowing this spring.
From AP Business reports
WASHINGTON – U.S. industrial production rose in October at the fastest rate in three months. Factories made more trucks, electronics and business equipment, a sign that manufacturing is recovering after slowing this spring.
WSJ: Youth Hit as U.K. Jobless Rate Rises
EUROPE NEWS NOVEMBER 16, 2011, 3:21 P.M. ET
Youth Hit as U.K. Jobless Rate Rises
Bank of England lowers its growth forecasts
By ILONA BILLINGTON and ALEX BRITTAIN
LONDON—U.K. unemployment rose again in October, while the number of young people without a job topped one million at the end of September, data showed Wednesday, increasing political pressure on Prime Minister David Cameron to come up with a solution to an issue that has plagued consecutive governments.
Youth Hit as U.K. Jobless Rate Rises
Bank of England lowers its growth forecasts
By ILONA BILLINGTON and ALEX BRITTAIN
LONDON—U.K. unemployment rose again in October, while the number of young people without a job topped one million at the end of September, data showed Wednesday, increasing political pressure on Prime Minister David Cameron to come up with a solution to an issue that has plagued consecutive governments.
USA Today: Homebuilders feel less pessimistic in November
Homebuilders feel less pessimistic in November
By Derek Kravitz, Associated Press 2011.11.16 10:49 AM
WASHINGTON – Homebuilders are feeling a little less pessimistic about the struggling housing market. But their mood hasn't changed enough to signal a recovery anytime soon.
By Derek Kravitz, Associated Press 2011.11.16 10:49 AM
WASHINGTON – Homebuilders are feeling a little less pessimistic about the struggling housing market. But their mood hasn't changed enough to signal a recovery anytime soon.
Tuesday, November 15, 2011
CNNMoney: Will FHA be the next big government bailout?
Will FHA be the next big government bailout?
By Tami Luhby @CNNMoney November 15, 2011: 8:14 PM ET
NEW YORK (CNNMoney) -- Continued trouble in the housing market has further eroded the Federal Housing Administration's reserves, leaving it with a very thin cushion to protect it against future financial losses.
By Tami Luhby @CNNMoney November 15, 2011: 8:14 PM ET
NEW YORK (CNNMoney) -- Continued trouble in the housing market has further eroded the Federal Housing Administration's reserves, leaving it with a very thin cushion to protect it against future financial losses.
Reuters: France draws fire after "alarm bells" warning
France draws fire after "alarm bells" warning
By Daniel Flynn and James Mackenzie
PARIS/ROME | Tue Nov 15, 2011 6:52pm EST
(Reuters) - France came under heavy fire on global markets Tuesday, reflecting fears that the euro zone's second biggest economy is being sucked into a spiraling debt crisis.
By Daniel Flynn and James Mackenzie
PARIS/ROME | Tue Nov 15, 2011 6:52pm EST
(Reuters) - France came under heavy fire on global markets Tuesday, reflecting fears that the euro zone's second biggest economy is being sucked into a spiraling debt crisis.
Bloomberg: Electronics Boost U.S. Retail Sales
Electronics Boost U.S. Retail Sales
By Shobhana Chandra - 2011.11.15 02:31 PM
Retail sales rose more than projected in October as American shoppers gave the economy a boost at the start of the fourth quarter.
By Shobhana Chandra - 2011.11.15 02:31 PM
Retail sales rose more than projected in October as American shoppers gave the economy a boost at the start of the fourth quarter.
Bloomberg: German Investor Confidence at Three-Year Low
German Investor Confidence at Three-Year Low
By Gabi Thesing - 2011.11.15 02:16 AM
German investor confidence fell to a three-year low in November on concern the sovereign debt crisis will push Europe’s largest economy into recession.
By Gabi Thesing - 2011.11.15 02:16 AM
German investor confidence fell to a three-year low in November on concern the sovereign debt crisis will push Europe’s largest economy into recession.
Bloomberg: German, French GDP Grew in Q3 on Spending
German, French GDP Grew in Q3 on Spending
By Jana Randow and Mark Deen - 2011.11.15 01:15 AM
German and French economic growth rebounded in the third quarter on stronger consumer spending, even as the region braces for a recession sparked by an escalating sovereign debt crisis.
By Jana Randow and Mark Deen - 2011.11.15 01:15 AM
German and French economic growth rebounded in the third quarter on stronger consumer spending, even as the region braces for a recession sparked by an escalating sovereign debt crisis.
Monday, November 14, 2011
Bloomberg: Fed Economists: 2012 Recession Odds Top 50%
Fed Economists: 2012 Recession Odds Top 50%
By Vivien Lou Chen - 2011.11.14 11:00 AM
The odds of a U.S. recession in early 2012 exceed 50 percent as a result of Europe’s debt crisis, according to researchers at the Federal Reserve Bank of San Francisco.
By Vivien Lou Chen - 2011.11.14 11:00 AM
The odds of a U.S. recession in early 2012 exceed 50 percent as a result of Europe’s debt crisis, according to researchers at the Federal Reserve Bank of San Francisco.
BNP: Brazil: Consensus revised down interest rates scenario
Brazil: Consensus revised down interest rates scenario.
2011.11.14 08:23 AM
Consensus scenario incorporated more rate cuts. The central bank's weekly survey presented small changes on the inflation front, remaining at current high levels. For growth, the market consensus revised down just its 2011 forecast, but kept stuck the 2012. For monetary policy, consensus extended its easing cycle by 50bp and now foresees a full easing cycle of 250bp.
2011.11.14 08:23 AM
Consensus scenario incorporated more rate cuts. The central bank's weekly survey presented small changes on the inflation front, remaining at current high levels. For growth, the market consensus revised down just its 2011 forecast, but kept stuck the 2012. For monetary policy, consensus extended its easing cycle by 50bp and now foresees a full easing cycle of 250bp.
Sunday, November 13, 2011
CNNMoney: Hey Europe. Breaking up is a foolish risk
Europe's Debt Crisis
Hey Europe. Breaking up is a foolish risk
By Douglas J. Elliott @CNNMoney November 13, 2011: 5:03 PM ET
Douglas J. Elliott, who worked as an investment banker for two decades, is a fellow at the Brookings Institution.
Should Greece or other nations be allowed to leave the eurozone, or even be forced out? Those questions were considered heresy among European leaders until mere days ago.
Hey Europe. Breaking up is a foolish risk
By Douglas J. Elliott @CNNMoney November 13, 2011: 5:03 PM ET
Douglas J. Elliott, who worked as an investment banker for two decades, is a fellow at the Brookings Institution.
Should Greece or other nations be allowed to leave the eurozone, or even be forced out? Those questions were considered heresy among European leaders until mere days ago.
Bloomberg: Retail Sales Rose, Manufacturing Climbed: U.S. Economy Preview
Retail Sales Rose, Manufacturing Climbed: U.S. Economy Preview
By Shobhana Chandra - 2011.11.12 10:01 PM
Retail sales probably rose in October and U.S. manufacturing accelerated, helping give the world’s biggest economy a boost entering the final months of 2011, economists said before reports this week.
By Shobhana Chandra - 2011.11.12 10:01 PM
Retail sales probably rose in October and U.S. manufacturing accelerated, helping give the world’s biggest economy a boost entering the final months of 2011, economists said before reports this week.
Friday, November 11, 2011
WSJ: Reading Between the Lines on Italy's Woes
AHEAD OF THE TAPE NOVEMBER 10, 2011
Reading Between the Lines on Italy's Woes
By KELLY EVANS
Going by exports to Europe, the Continent's debt crisis seems to pose about as much threat to the U.S. as the giant asteroid that zoomed by this week.
Reading Between the Lines on Italy's Woes
By KELLY EVANS
Going by exports to Europe, the Continent's debt crisis seems to pose about as much threat to the U.S. as the giant asteroid that zoomed by this week.
Thursday, November 10, 2011
USA Today: EU warns of possible recession in eurozone
EU warns of possible recession in eurozone
By GABRIELE STEINHAUSER, Associated Press
2011.11.10 09:42 AM
BRUSSELS – The European Union warned Thursday that the 17-country eurozone could slip into "a deep and prolonged recession" next year as the debt crisis shows alarming signs of spinning out of control.
By GABRIELE STEINHAUSER, Associated Press
2011.11.10 09:42 AM
BRUSSELS – The European Union warned Thursday that the 17-country eurozone could slip into "a deep and prolonged recession" next year as the debt crisis shows alarming signs of spinning out of control.
USA Today: Foreclosure activity hit 7-month high in Oct.
Foreclosure activity hit 7-month high in Oct.
By ALEX VEIGA, Associated Press
2011.11.10 08:50 AM
LOS ANGELES – More U.S. homes entered the foreclosure process in October than in the previous month, with Florida, Pennsylvania and Indiana registering among the largest monthly increases, new data show.
By ALEX VEIGA, Associated Press
2011.11.10 08:50 AM
LOS ANGELES – More U.S. homes entered the foreclosure process in October than in the previous month, with Florida, Pennsylvania and Indiana registering among the largest monthly increases, new data show.
USA Today: Jobless claims at lowest level since April
Jobless claims at lowest level since April
2011.11.10 07:16 AM
WASHINGTON (AP) – The number of people who applied for unemployment benefits last week fell to the lowest level since April, a sign that employers could be stepping up hiring.
2011.11.10 07:16 AM
WASHINGTON (AP) – The number of people who applied for unemployment benefits last week fell to the lowest level since April, a sign that employers could be stepping up hiring.
CNNMoney: Foreclosures on the rise again
Foreclosures on the rise again
By Chris Isidore November 10, 2011: 5:42 AM ET
NEW YORK (CNNMoney) -- The number of foreclosures climbed in October, as mortgage lenders started to work through the paperwork problems that had delayed new filings for much of the last year.
By Chris Isidore November 10, 2011: 5:42 AM ET
NEW YORK (CNNMoney) -- The number of foreclosures climbed in October, as mortgage lenders started to work through the paperwork problems that had delayed new filings for much of the last year.
SG: Eco Analysis - Norway CPI: Up by 1.4% in October (A. Annenkov)
2011.11.10 04:44 AM
Eco Analysis - Norway CPI: Up by 1.4% in October (A. Annenkov)
Headline CPI in Norway rose by 1.4% yoy in October, down from 1.6% in September, in line with market expectations. Core inflation remained unchanged at 1.2% yoy, also in line with expectations. Prices of air fares, electricity and food & non-alcoholic beverages were the main contributors to the deceleration in inflation, while clothing & footwear and alcoholic beverages & tobacco contributed positively. Electricity prices fell less than expected and could imply a downside risk in the coming months.
Eco Analysis - Norway CPI: Up by 1.4% in October (A. Annenkov)
Headline CPI in Norway rose by 1.4% yoy in October, down from 1.6% in September, in line with market expectations. Core inflation remained unchanged at 1.2% yoy, also in line with expectations. Prices of air fares, electricity and food & non-alcoholic beverages were the main contributors to the deceleration in inflation, while clothing & footwear and alcoholic beverages & tobacco contributed positively. Electricity prices fell less than expected and could imply a downside risk in the coming months.
SG: Eco Analysis - French inflation fractionally up, at 2.5% in October, Euro area inflation set to be firm at 3.0% (M. Martinez)
2011.11.10 04:37 AM
Eco Analysis - French inflation fractionally up, at 2.5% in October, Euro area inflation set to be firm at 3.0% (M. Martinez)
■ Overall price pressures remained firm in October in France and in the euro area
Inflation remains firm, despite the fact the euro debt crisis is curbing economic growth. Consumer price inflation in France edged higher in October. The harmonized rate increased to 2.5% yoy from 2.4%, while the national measure rose from 2.2% to 2.3%. Separately, the German HICP was slightly higher than the preliminary estimate (+0.1% mom, +2.9% yoy). Despite this fact, there is no change in our forecast for the euro-area measure, which is still expected to have been steady at 3.0% yoy (+0.3% mom). All these data indicate that overall price pressures remained firm in October in the euro area. Indeed, HICP probably rose by 5.1% on a 3 month annualized basis in the euro area in October (France: 3.3%, Germany: 1.1%, Italy: 13.4%, Spain: 6.4%).
Eco Analysis - French inflation fractionally up, at 2.5% in October, Euro area inflation set to be firm at 3.0% (M. Martinez)
■ Overall price pressures remained firm in October in France and in the euro area
Inflation remains firm, despite the fact the euro debt crisis is curbing economic growth. Consumer price inflation in France edged higher in October. The harmonized rate increased to 2.5% yoy from 2.4%, while the national measure rose from 2.2% to 2.3%. Separately, the German HICP was slightly higher than the preliminary estimate (+0.1% mom, +2.9% yoy). Despite this fact, there is no change in our forecast for the euro-area measure, which is still expected to have been steady at 3.0% yoy (+0.3% mom). All these data indicate that overall price pressures remained firm in October in the euro area. Indeed, HICP probably rose by 5.1% on a 3 month annualized basis in the euro area in October (France: 3.3%, Germany: 1.1%, Italy: 13.4%, Spain: 6.4%).
Business Week: Losing It on the Home Front
Losing It on the Home Front
Posted by: Dan Beucke on November 9, 2011 at 2:15 PM
The housing crisis just keeps grinding on. Home prices fell in three-quarters of U.S. cities in the third quarter, by double digits in some places, according to the latest data from the National Association of Realtors. The median U.S. house price, $164,500, is now 28 percent below its 2006 peak and about where prices stood in Feb. 2003. Fewer people plan to buy a home over the next six months, according to the Conference Board. And another survey of homeowners finds that nearly as many think of owning a home as a “nightmare” as consider it an “American Dream.”
Posted by: Dan Beucke on November 9, 2011 at 2:15 PM
The housing crisis just keeps grinding on. Home prices fell in three-quarters of U.S. cities in the third quarter, by double digits in some places, according to the latest data from the National Association of Realtors. The median U.S. house price, $164,500, is now 28 percent below its 2006 peak and about where prices stood in Feb. 2003. Fewer people plan to buy a home over the next six months, according to the Conference Board. And another survey of homeowners finds that nearly as many think of owning a home as a “nightmare” as consider it an “American Dream.”
CNNMoney: Italy: Definitely too big to fail, maybe too big to bail
Europe's Debt Crisis
Italy: Definitely too big to fail, maybe too big to bail
By Douglas J. Elliott @CNNMoney November 10, 2011: 5:32 AM ET
NEW YORK (CNNMoney) -- Douglas J. Elliott, who worked as an investment banker for two decades, is a fellow at the Brookings Institution.
Italy: Definitely too big to fail, maybe too big to bail
By Douglas J. Elliott @CNNMoney November 10, 2011: 5:32 AM ET
NEW YORK (CNNMoney) -- Douglas J. Elliott, who worked as an investment banker for two decades, is a fellow at the Brookings Institution.
Bloomberg: Too Big to Rescue Italy Forces EMU to Crossroads: Euro Credit
Too Big to Rescue Italy Forces EMU to Crossroads: Euro Credit
By Mark Gilbert and Jesse Westbrook - 2011.11.10 01:51 AM
Italy is forcing Europe to choose between increased bond buying by the European Central Bank or a possible breakup of the euro.
By Mark Gilbert and Jesse Westbrook - 2011.11.10 01:51 AM
Italy is forcing Europe to choose between increased bond buying by the European Central Bank or a possible breakup of the euro.
Tuesday, November 8, 2011
USA Today: Foreclosure backlogs could take decades to clear out
Foreclosure backlogs could take decades to clear out
By Julie Schmit, USA TODAY
2011.11.08 07:14 PM
Foreclosure sales are moving so slowly in half the states that at the current pace, it will take more than eight years on average to clear the 2.1 million homes in foreclosure or with seriously delinquent mortgages, new research shows.
By Julie Schmit, USA TODAY
2011.11.08 07:14 PM
Foreclosure sales are moving so slowly in half the states that at the current pace, it will take more than eight years on average to clear the 2.1 million homes in foreclosure or with seriously delinquent mortgages, new research shows.
CNNMoney: Greek debt crisis: Shades of Argentina
Europe's Debt Crisis
Greek debt crisis: Shades of Argentina
By James O'Toole @CNNMoney November 8, 2011: 11:17 AM ET
NEW YORK (CNNMoney) -- Barack Obama, Nicolas Sarkozy and Angela Merkel descended on the G-20 summit last week intent on stabilizing Greece and resolving the European debt crisis. But Athens may instead end up seeking guidance from an unlikely source: Argentina.
Greek debt crisis: Shades of Argentina
By James O'Toole @CNNMoney November 8, 2011: 11:17 AM ET
NEW YORK (CNNMoney) -- Barack Obama, Nicolas Sarkozy and Angela Merkel descended on the G-20 summit last week intent on stabilizing Greece and resolving the European debt crisis. But Athens may instead end up seeking guidance from an unlikely source: Argentina.
USA Today: Mortgage payments show surprising rise in delinquencies
Mortgage payments show surprising rise in delinquencies
By Eileen AJ Connelly, Associated Press
2011.11.08 08:20 AM
NEW YORK – While lawmakers in Washington debated the debt ceiling and consumer confidence dropped, more homeowners were having a harder time making their mortgage payments.
By Eileen AJ Connelly, Associated Press
2011.11.08 08:20 AM
NEW YORK – While lawmakers in Washington debated the debt ceiling and consumer confidence dropped, more homeowners were having a harder time making their mortgage payments.
Sunday, November 6, 2011
Bloomberg: Europe Crisis Timeline: Maastricht to Papandreou
Europe Crisis Timeline: Maastricht to Papandreou
By Bloomberg News - 2011.11.06 05:01 PM
Following is a timeline of Europe’s debt crisis from the signing of the Maastricht Treaty to Greece’s agreement to set up a government of national unity.
1992 Feb. 7: Maastricht Treaty signed, setting up an “irrevocable” monetary union without a central finance ministry or a mechanism to leave the euro.
By Bloomberg News - 2011.11.06 05:01 PM
Following is a timeline of Europe’s debt crisis from the signing of the Maastricht Treaty to Greece’s agreement to set up a government of national unity.
1992 Feb. 7: Maastricht Treaty signed, setting up an “irrevocable” monetary union without a central finance ministry or a mechanism to leave the euro.
SG: Global Economic Outlook - Outlook 2012: Euro area will be knocked into recession
Global Economic Outlook - Outlook 2012: Euro area will be knocked into recession
2011.11.06 04:47 PM
■ Outlook 2012: Euro area will be knocked into recession
The bombshell of the announcement of the Greek referendum (now off the agenda) and new twists and turns in Italian politics made the decline in financial stress offered by the euro summit agreement only fleeting. The persistence of this extremely high level of financial stress is the trigger for the downgrade to our global economic outlook, and we now see recession in the euro area. Our full year 2012 forecast now stands at 0% for the euro area, 1.4% for the US and 8.1% for China, which places us below consensus for both 2012 and 2013. Against this backdrop, we expect G4 central banks to pursue an extended period of policy accommodation. The risk to the forecasts remains skewed to the downside with potential for fiscal policy errors, notably in the euro area and the US.
2011.11.06 04:47 PM
■ Outlook 2012: Euro area will be knocked into recession
The bombshell of the announcement of the Greek referendum (now off the agenda) and new twists and turns in Italian politics made the decline in financial stress offered by the euro summit agreement only fleeting. The persistence of this extremely high level of financial stress is the trigger for the downgrade to our global economic outlook, and we now see recession in the euro area. Our full year 2012 forecast now stands at 0% for the euro area, 1.4% for the US and 8.1% for China, which places us below consensus for both 2012 and 2013. Against this backdrop, we expect G4 central banks to pursue an extended period of policy accommodation. The risk to the forecasts remains skewed to the downside with potential for fiscal policy errors, notably in the euro area and the US.
Saturday, November 5, 2011
CNNMoney: Europe: the worst-case scenarios
Europe's Debt Crisis
Europe: the worst-case scenarios
By Steve Hargreaves @CNNMoney November 5, 2011: 9:28 AM ET
NEW YORK (CNNMoney) -- The immediate threat in Greece has passed. But the crisis is far from over.
Europe: the worst-case scenarios
By Steve Hargreaves @CNNMoney November 5, 2011: 9:28 AM ET
NEW YORK (CNNMoney) -- The immediate threat in Greece has passed. But the crisis is far from over.
ZEW/gif Office Market Forecast - Rents For Offices in Prime Locations Strongly Increase
ZEW/gif Office Market Forecast - Rents For Offices in Prime Locations Strongly Increase
Prime rents at the five largest German office real estate markets Berlin, Hamburg, Frankfurt, Düsseldorf and Munich will considerably increase by the end of 2012. At the same time, the vacancy rate will hardly be reduced –with the exception of Düsseldorf and Frankfurt. These are the findings of the second survey among real estate market experts, which was conducted by the gif-Arbeitskreis Marktanalysen und Bedarfsprognosen (gif market analysis and demand forecasting working group) in cooperation with the Centre for European Economic Research (ZEW) in Mannheim.
http://www.zew.de/en/press/1693/zewgif-office-market-forecast---rents-for-offices-in-prime-locations-strongly-increase
Prime rents at the five largest German office real estate markets Berlin, Hamburg, Frankfurt, Düsseldorf and Munich will considerably increase by the end of 2012. At the same time, the vacancy rate will hardly be reduced –with the exception of Düsseldorf and Frankfurt. These are the findings of the second survey among real estate market experts, which was conducted by the gif-Arbeitskreis Marktanalysen und Bedarfsprognosen (gif market analysis and demand forecasting working group) in cooperation with the Centre for European Economic Research (ZEW) in Mannheim.
http://www.zew.de/en/press/1693/zewgif-office-market-forecast---rents-for-offices-in-prime-locations-strongly-increase
Friday, November 4, 2011
SG: Eco Analysis - US Employment Report: Don't be misled by the October prints (B. Jones)
Eco Analysis - US Employment Report: Don't be misled by the October prints (B. Jones)
2011.11.04 06:34 AM
■ October job gains failed to match our forecasts, but revisions placed levels even higher
The Bureau of Labor Statistics (BLS) reported that nonfarm payrolls climbed by 80K in October, or by 104K after adjusting for continued pink-slipping by governmental entities. While last month's payroll gains failed to meet our and the Street's expectations, significant upward revisions to the previously reported figures for August and September actually left the October tallies well above projected levels. August was almost doubled from 57K to 104K, while another 55K jobs were added to the original 103K September estimate. It is worth nothing that this is the second consecutive report that saw the BLS' prior projections boosted about roughly 100K jobs.
2011.11.04 06:34 AM
■ October job gains failed to match our forecasts, but revisions placed levels even higher
The Bureau of Labor Statistics (BLS) reported that nonfarm payrolls climbed by 80K in October, or by 104K after adjusting for continued pink-slipping by governmental entities. While last month's payroll gains failed to meet our and the Street's expectations, significant upward revisions to the previously reported figures for August and September actually left the October tallies well above projected levels. August was almost doubled from 57K to 104K, while another 55K jobs were added to the original 103K September estimate. It is worth nothing that this is the second consecutive report that saw the BLS' prior projections boosted about roughly 100K jobs.
Bloomberg: Bill Gross Rebounds From Bottom Ranking as Riskier Assets Surge
Bill Gross Rebounds From Bottom Ranking as Riskier Assets Surge
By Sree Vidya Bhaktavatsalam - 2011.11.03 09:01 PM
Bill Gross’s Pimco Total Return Bond Fund, which is having its worst run this year since at least 1995, regained its spot among top bond funds last month as investors returned to riskier assets.
By Sree Vidya Bhaktavatsalam - 2011.11.03 09:01 PM
Bill Gross’s Pimco Total Return Bond Fund, which is having its worst run this year since at least 1995, regained its spot among top bond funds last month as investors returned to riskier assets.
Thursday, November 3, 2011
USA Today: Could Japan's economic malaise strike here in U.S.?
Could Japan's economic malaise strike here in U.S.?
By John Waggoner, USA TODAY
If you wonder what haunts Federal Reserve Chairman Ben Bernanke's dreams, it's Japan.
By John Waggoner, USA TODAY
If you wonder what haunts Federal Reserve Chairman Ben Bernanke's dreams, it's Japan.
USA Today: Reports show an economy that is growing, but slowly
Reports show an economy that is growing, but slowly
2011.11.03 08:32 AM
WASHINGTON – Four economic reports painted a picture of a slowly growing economy Thursday. They said:
2011.11.03 08:32 AM
WASHINGTON – Four economic reports painted a picture of a slowly growing economy Thursday. They said:
Bloomberg: Economy Drives More Americans to Extreme Poverty
Economy Drives More Americans to Extreme Poverty
By Catherine Dodge - 2011.11.02 09:01 PM
The number of Americans living in neighborhoods beset by extreme poverty surged in the last decade, erasing the progress of the 1990s, with the poorest areas growing more than twice as fast in suburbs as in cities.
By Catherine Dodge - 2011.11.02 09:01 PM
The number of Americans living in neighborhoods beset by extreme poverty surged in the last decade, erasing the progress of the 1990s, with the poorest areas growing more than twice as fast in suburbs as in cities.
Wednesday, November 2, 2011
Download the New Reserves Classification Guide
http://www.spe.org/
Download the New Reserves Classification Guide
2 November 2011 in Americas,Asia-Pacific,Canada,Europe and Sub-Saharan Africa,Europe, Russia and West Africa,Latin America and Caribbean,Middle East, North Africa and India,Regions,Russia and Caspian,SPE News,Technical,United States
Download the New Reserves Classification Guide
2 November 2011 in Americas,Asia-Pacific,Canada,Europe and Sub-Saharan Africa,Europe, Russia and West Africa,Latin America and Caribbean,Middle East, North Africa and India,Regions,Russia and Caspian,SPE News,Technical,United States
Bloomberg: Fed Lowers Economic Growth Outlook for Next Year, Sees 8.6% Unemployment
Fed Lowers Economic Growth Outlook for Next Year, Sees 8.6% Unemployment
By Craig Torres - 2011.11.02 11:32 AM
Federal Reserve officials lowered their outlook for U.S. economic growth in 2012 and forecast that unemployment will average from 8.5 percent to 8.7 percent in the final three months of next year.
By Craig Torres - 2011.11.02 11:32 AM
Federal Reserve officials lowered their outlook for U.S. economic growth in 2012 and forecast that unemployment will average from 8.5 percent to 8.7 percent in the final three months of next year.
CNNMoney: Consumers are scared? Really?
The Buzz
Consumers are scared? Really?
By Paul R. La Monica November 2, 2011: 1:17 PM ET
NEW YORK (CNNMoney) -- With all the worries about Europe being on the brink of financial disaster again and increased nervousness about the U.S. economy, you'd think consumers would be cowering in a closet in fear and stuffing their money in the mattress.
Consumers are scared? Really?
By Paul R. La Monica November 2, 2011: 1:17 PM ET
NEW YORK (CNNMoney) -- With all the worries about Europe being on the brink of financial disaster again and increased nervousness about the U.S. economy, you'd think consumers would be cowering in a closet in fear and stuffing their money in the mattress.
CNBC: Next Year Will Get Even Uglier for US Investors
Next Year Will Get Even Uglier for US Investors
Published: Wednesday, 2 Nov 2011 | 12:25 PM ET
By: Robert Holmes
Senior Writer
Individual investors will be up against political gridlock as the economy grows slowly next year, prospects that may damp stock-market gains even if Congress pushes through a trillion-dollar budget cut.
Published: Wednesday, 2 Nov 2011 | 12:25 PM ET
By: Robert Holmes
Senior Writer
Individual investors will be up against political gridlock as the economy grows slowly next year, prospects that may damp stock-market gains even if Congress pushes through a trillion-dollar budget cut.
Bloomberg: U.S. Companies Add More-Than-Expected 110,000 Workers in October, ADP Says
U.S. Companies Add More-Than-Expected 110,000 Workers in October, ADP Says
By Shobhana Chandra - 2011.11.02 05:30 AM
Companies added workers in October, easing concern the job market is stagnating in the third year of the U.S. recovery, according to a private report based on payrolls.
By Shobhana Chandra - 2011.11.02 05:30 AM
Companies added workers in October, easing concern the job market is stagnating in the third year of the U.S. recovery, according to a private report based on payrolls.
Tuesday, November 1, 2011
Bloomberg: Oaktree Seeks $4 Billion for Fund as Distressed-Debt Opportunities Expand
Oaktree Seeks $4 Billion for Fund as Distressed-Debt Opportunities Expand
By Sabrina Willmer - 2011.11.01 05:00 PM
Oaktree Capital Management LP, the distressed-debt firm that was returning money to investors earlier this year, started marketing a new fund to take advantage of weakening economies in the U.S. and Europe.
By Sabrina Willmer - 2011.11.01 05:00 PM
Oaktree Capital Management LP, the distressed-debt firm that was returning money to investors earlier this year, started marketing a new fund to take advantage of weakening economies in the U.S. and Europe.
S&P: Standard & Poor's Soon-To-Be Released Bank Ratings Criteria: Update And Related Rollout Plans
Standard & Poor's Soon-To-Be Released Bank Ratings Criteria: Update And Related Rollout Plans (00:07:57 min)
In this CreditMatters TV segment, Standard & Poor's Managing Directors Jay Dhru and Vandana Sharma discuss our views on the banking sector and how our soon-to-be released updated criteria will offer a robust framework for rating banks. And Managing Director Hans Wright provides an in-depth overview of our rollout plans for the criteria.
In this CreditMatters TV segment, Standard & Poor's Managing Directors Jay Dhru and Vandana Sharma discuss our views on the banking sector and how our soon-to-be released updated criteria will offer a robust framework for rating banks. And Managing Director Hans Wright provides an in-depth overview of our rollout plans for the criteria.
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