January 26, 2011 Headlines
Posted by scapozzola on 01/26/2011
President Obama calls for investment in education, innovation, and infrastructure, and says we must “win the future.”
Harold Meyerson writes that the President’s proposals are fine, as far as they go.
The Federal Reserve Bank of Dallas believes that a higher valued yuan will not reduce the U.S.-China trade deficit.
Martin Wolf says China—for its own good—must appreciate the Yuan and wean itself off of dollars.
IBM is opening a massive data center….in China.
This headline is rich: China fines Carrefour and Wal-Mart for manipulating prices. (So it’s OK to manipulate your currency, but price manipulation by foreign-owned retailers is quashed.)
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