Bloomberg: Greece Needs Long-Term Plan, Not Gimmicks, Economist Sachs Says: Tom Keene

Related News: Bloomberg, Currencies, Europe, US
Greece Needs Long-Term Plan, Not Gimmicks, Economist Sachs Says: Tom Keene
By Joe Ragazzo and Tom Keene - Jul 6, 2011 4:04 AM GMT+0900

The Greek debt crisis will persist if euro-zone policy makers don’t “get realistic” and focus on a long-term approach instead of short-term gimmicks, according to Columbia University’s Jeffrey Sachs.

WSJ: Markets Hub: It's All in the (Jobs) Numbers

Markets Hub: It's All in the (Jobs) Numbers 7/5/2011 11:52:01 AM
Ahead of earnings season, the end of the second quarter may show weakness. 'Ahead of the Tape' columnist Kelly Evans explains why the jobs report is the important indicator to watch.

Bloomberg: U.S. Home Prices Set to Climb, Donovan Says

Related News: US, Economy, Real Estate, Finance
U.S. Home Prices Set to Climb, Donovan Says
By Kim Chipman - Jul 4, 2011 1:00 PM GMT+0900

Prices for U.S. homes may climb as soon as the third quarter, ending declines as foreclosures decline make more home available for sale, Housing and Urban Development Secretary Shaun Donovan said.

Bloomberg: U.S. Home Prices ‘Unlikely’ to Fall Further

Related News: U.S. · Economy · Real Estate
U.S. Home Prices ‘Unlikely’ to Fall Further
By Kim Chipman - Jul 4, 2011 1:13 AM GMT+0900

Homes in the U.S. are the most affordable they’ve been in decades and prices may start to climb as soon as the third quarter, Housing and Urban Development Secretary Shaun Donovan said today.

School Daze Good Old Golden Rule Days

School Daze Good Old Golden Rule Days
Bill Gross, PIMCO
2011-07-01

- The past several decades have witnessed an erosion of our manufacturing base in exchange for a reliance on wealth creation via financial assets.
- Fiscal balance alone will not likely produce 20 million jobs over the next decade. Government must take a leading role in job creation.
- A growing number of skeptics wonder whether college is worth the time or the cost.

NOMURA LEASES 900,000 SF AT WORLDWIDE PLAZA FOR ITS NORTH AMERICAN HEADQUARTERS

NOMURA LEASES 900,000 SF AT WORLDWIDE PLAZA FOR ITS NORTH AMERICAN HEADQUARTERS
30 Jun, 2011, Warsaw

New York, NY – In a major leasing transaction that provides one of the city’s iconic midtown office properties with a dynamic new anchor tenant, Nomura Holding America Inc., the U.S subsidiary of Tokyo-based Nomura Holdings, Inc., has leased over 900,000 square feet of space at Worldwide Plaza for its Americas headquarters.

http://www.cushwake.com/cwglobal/jsp/newsDetail.jsp?Country=DE&Language=EN&repId=c42300003p

WSJ: Declines in Home Prices Ease

HOMES|JUNE 29, 2011
WSJ: Declines in Home Prices Ease

By NICK TIMIRAOS And S. MITRA KALITA

Home prices slowed their pace of decline in April, feeding hope that housing is near a bottom. But tens of thousands of foreclosures and faltering consumer confidence are expected to leave markets bumping near their current level for the rest of the year.

WSJ: China Risks Being Next Property-Bubble Blow Up

REAL ESTATE|JUNE 27, 2011
WSJ: China Risks Being Next Property-Bubble Blow Up

BEIJING—A recent decline in Chinese real-estate prices is starting to shake confidence in the country's economic vitality and open a debate about whether the country's economy is over-leveraged. That's what made the real-estate bubble's aftermath so painful for the U.S. and Japan.

CNNMoney: Greece austerity: Cure or poison?

CNNMoney: Greece austerity: Cure or poison?
By Aaron Smith @CNNMoney June 28, 2011: 2:39 PM ET

NEW YORK (CNNMoney) -- Riots have erupted in Athens once again, as the Greeks -- already burdened by the most severe austerity measures in Europe -- protest the next potential wave of belt-tightening in the ongoing debt crisis.

Robert Shiller Says There Is A "Chronic Illness" In The Spanish Economy

Robert Shiller Says There Is A "Chronic Illness" In The Spanish Economy
Jose Luis de Haro, El Economista | Jun. 27, 2011, 3:25 PM

Robert Shiller is an economist, academic, and best-selling author. He is ranked among the 100 most influential economists of the world and currently serves as the Arthur M. Okun Professor of Economics at Yale. Professor Shiller shared with elEconomista some of his insights on the US and European economies during a phone interview. He recognized "a kind of chronic illness in Spanish economy".