Bloomberg: Ireland Is Second Euro Nation to Seek Aid as Banks Wobble. Ireland became the second euro country to seek a rescue as the cost of saving its banks threatened a rerun of the Greek debt crisis that destabilized the currency. The euro rose and European bond risk fell.
Forbes: Three Big Mistakes Entrepreneurs Make In A Recession. My company stayed alive by avoiding them all.
MarketWatch: New Hong Kong property rules hit developer stocks. Shares of Hong Kong property developers and banks were dealt a double blow on Monday, as Hong Kong cracked down on real-estate speculation while Beijing nudged up efforts in its war on inflation.
Reuters: Will U.S. invest in its future? There is consensus about America’s problems, but a growing class divide prevents consensus about solutions.
The Business Insider: One Chart That Signals A Very Strong Coming Holiday Season. With job creation where it’s at, consumer credit is due to pick up.
The Economist: Tea with Michael Spence. The Nobel laureate explainshow major emerging economies are pulling others along, and why the rich world needs to make sacrifices.
The New York Times: Importing Coal, China Burns It as Others Stop. Ships are lining up to load coal for furnaces in China, which has evolved from a coal exporter to one of the world’s leading purchasers.
The Wall Street Journal: Buyer’s Guide to Italy. Italians’ carefree attitude is one of the main attractions for those looking to buy a second home in the country. Unfortunately, the country’s property laws aren’t quite as carefree as its residents. We illuminate some of the hidden hazards.