Rennen um Rohstoffe: Forscher entdecken großes Ölfeld in Afghanistan Der Spiegel (hat tip Tom F). the headline says it all: Race for Raw Materials: Investigators Discover Great Oil Field in Afghanistan.
Report Paints New Picture of Gulf Oil Science. Team Obama efforts to declare “Mission Accomplished” and portray the impact on the leak as comparatively minor and fast to mend keeps bumping into observable reality.
Time for debate on equity market structure Gillian Tett, Financial Times
Crowded trades in capital arb Deus Ex Macchiato
The Wingnuts go after Fannie and Freddie Randy Wray
Developed economies could get trapped in a limbo land of zero inflation Gavyn Davies, Financial Times
Greek crisis refuses to go away Ambrose Evans-Pritchard, Telegraph (hat tip reader Scott)
Hotel Occupancy Rate: Almost back to 2008 levels Calculated Risk
The Washington Post Says Bill Gates Is Broke Dean Baker
The Boom Not The Slump: The Right Time For Austerity Arjun Jayadev, Mike Konczal
Appeasing the Bond Gods Paul Krugman, New York Times
Needed: a new economic paradigm Joseph Stiglitz, Financial Times (hat tip reader Don B)
Antidote du jour: