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Wednesday, July 6, 2011

CNBC: 'Perfect Storm' Coming for Global Economy in 2013: Roubini

'Perfect Storm' Coming for Global Economy in 2013: Roubini
Published: Wednesday, 6 Jul 2011 | 4:07 PM ET
By: Jeff Cox
CNBC.com Staff Writer

Weakening economic conditions will come together in 2013 and create a "perfect storm" of global weakness, economist Nouriel Roubini told CNBC.

SG: Germany New Manufacturing Orders surge as German companies boost investment

SG: Germany New Manufacturing Orders surge as German companies boost investment

New orders to German manufacturing companies in May were much stronger than expected, rising 1.8% mom, when a decline was expected. This came on top of a 2.9% gain in April.

Tuesday, July 5, 2011

WSJ: Moody's Gives Banks Greek Debt Warning

BUSINESS JULY 5, 2011, 1:01 P.M. ET
Moody's Gives Banks Greek Debt Warning

By MARGOT PATRICK

LONDON—Banks rolling over some of their Greek debt into new instruments may have to take impairment charges, Moody's Investors Service said Tuesday, in another setback for efforts to involve private bondholders in a new international bailout.

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.

Monday, July 4, 2011

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.

Sunday, July 3, 2011

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.

Saturday, July 2, 2011

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.


Thursday, June 30, 2011

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

Tuesday, June 28, 2011

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.