Finance Links

The Federal Reserve is still in no hurry to start hiking US interest rates, it
indicated after its eagerly-awaited meeting on Tuesday.

The world’s five biggest AAA-rated states are all at risk of soaring debt
costs and will have to implement austerity plans that threaten “social
cohnesion”, according to a report on sovereign debt by Moody’s.

The latest news on: China, Gold, Greece, UK debt

China is digging in its heels against US and EU demands for a revaluation of
its currency and warning that the global economy could be heading for a
“double-dip” recession.

Alternate titles: Frugality is the new black. Frugality is the new frugality. Americans discover thrift. Etc.

From the FT on Friday:

Americans reduced their household debt for…

US authorities have risked heightening diplomatic tensions with Russia by
condemning Moscow for its role in the death of a prominent lawyer who was
fighting alleged state-sponsored corruption.

Barclays shareholders warned the bank against buying a retail bank in the US,
which has been a graveyard in the past for British lenders.

FT Alphaville rather liked this comment from Barry Ritholtz on emerging signs (well, screaming fire alarms) of a US municipal junk bond bubble:

One of the factors that caused…

Vice-premier Wang Qishan and that flunky Geithner.  H/T John Kemp