Bloomberg: Greek Default Would Not Destabilize the Euro, Bundesbank’s Weidmann Says

Related News: Germany · Bonds · Currencies · Economy · Eastern Europe · Europe · France · U.K. & Ireland · Italy · Hedge Fund Summit
Greek Default Would Not Destabilize the Euro, Bundesbank’s Weidmann Says
By Richard Weiss - Jun 12, 2011 9:46 PM GMT+0900

Bundesbank President Jens Weidmann raised the pressure on governments to agree to a Greek bailout without the European Central Bank taking part in easing the country’s debt burden, saying the euro can withstand a default.

CNN Money: Recession risk: Small, but growing

RECOVERY AT RISK
Recession risk: Small, but growing
By Chris Isidore @CNNMoney June 12, 2011: 8:05 AM ET

NEW YORK (CNNMoney) -- Experts worry that the risk of falling into another recession has increased, according to a CNNMoney economic survey.

WSJ: Mortgage Rates Set Fresh 2011 Low After Jobs Report

REAL ESTATE|JUNE 10, 2011
Mortgage Rates Set Fresh 2011 Low After Jobs Report

By DREW FITZGERALD

Home mortgage rates fell again to a fresh 2011 low as a week of downbeat jobs data fueled concerns over a possible economic slowdown this year, according to the latest survey from Freddie Mac.

ING completes divestment of Clarion Partners

ING completes divestment of Clarion Partners

Amsterdam, 9 June 2011

ING announced today that it has completed the sale of Clarion Partners, ING’s U.S.-based private market real estate investment manager, to Clarion Partners management in partnership with Lightyear Capital LLC for the previously disclosed amount of USD 100 million.

Bloomberg: U.S. Economy ’Steady’ in Most Areas: Fed

Related News: Economy · U.S.
U.S. Economy ’Steady’ in Most Areas: Fed
By Joshua Zumbrun - Jun 9, 2011 4:25 AM GMT+0900

The Federal Reserve said the economy expanded at a “steady pace” in most of the U.S. while slowing in four of 12 regions as consumers contended with higher food and fuel prices and shortages of parts reduced auto production.

WSJ: Fed Sees Recovery Lagging

ECONOMY|JUNE 7, 2011
Fed Sees Recovery Lagging
Bernanke Says Growth Slower Than Expected, Monetary Policy Isn't 'Panacea'

By JON HILSENRATH

Federal Reserve Chairman Ben Bernanke offered a relatively glum view of the U.S. economy, acknowledging that it is growing more slowly than the Fed had expected, but predicted improvement later this year.

Design Centre Chelsea Harbour

Design Centre Chelsea Harbour

Address:	Design Centre Chelsea Harbour, Lots Road, London SW10 0XF
Type:	Commercial
Retail:	85
Website:	http://www.dcch.co.uk
Description:	Design Centre Chelsea Harbour is a commercial building. Located in spectacular glass domes, the space provides the ideal environment for 85 showrooms and over 400 international brands. At over 90,000 sq ft, the Design Centre is the largest of its kind in Europe and well-established as a leading design destination.

Buildington Rating & Notes

http://www.buildington.co.uk/buildings/london_sw10/lots_road/design_centre_chelsea_harbour/id/2204

Design Centre Chelsea Harbour - View to the building from Imperial Wharf Station

Entrance to Design Centre Chelsea Harbour

RIBA bookshop at Design Centre Chelsea Harbour

Design Centre Chelsea Harbour

Design Centre Chelsea Harbour

http://www.buildington.co.uk/buildings/london_sw10/lots_road/design_centre_chelsea_harbour/id/2204

Bloomberg: Jobless Rate Unexpectedly Rises in Sign of Extended U.S. Economy Slowdown

Related News:Economy · Insurance
Jobless Rate Unexpectedly Rises in Sign of Extended U.S. Economy Slowdown
By Shobhana Chandra - Jun 4, 2011 1:01 PM GMT+0900

The unemployment rate in the U.S. unexpectedly climbed to 9.1 percent in May and payrolls grew at the slowest pace in eight months, showing employers are losing confidence as the economy slows.

CNBC: Europe Warns US to Speed Up Bank Reform

Europe Warns US to Speed Up Bank Reform
Published: Wednesday, 1 Jun 2011 | 4:41 AM ET
By: Peter Spiegel, Financial Times

The European Union’s top financial regulator has warned the Obama administration that it must speed up and toughen its new banking rules in order to prevent American banks from having unfair advantages over their European counterparts.

Bloomberg: Dollar, Metals Slide on U.S. Growth Concerns

Dollar, Metals Slide on U.S. Growth Concerns
By Stephen Kirkland - Jun 1, 2011 6:14 PM GMT+0900

The dollar slid to a three-week low versus the euro before reports likely to show the U.S. recovery is cooling. German bunds dropped, while corn and sugar gained.