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Tuesday, January 10, 2012

Monetary

Econ Comments                                                                                                             
WSJ | Italy Is Biggest Risk to Euro, Says Fitch
Fitch Ratings Tuesday said Italy is the euro-zone member that poses the greatest threat to the future of the currency bloc, as the lack of a region-wide plan to prevent the sovereign-debt crisis from spreading has been coupled with the country's large debt burden and high borrowing costs.
WSJ | The Fed's Housing Politics
The central bank compromises its independence with rank electioneering.

Blogs                                                                                                                             
WSJ: Real Time Economics | U.S. Factories Could Suffer From Dollar’s Appeal
A strong dollar may enhance the U.S.’s sense of pride. But it will be a headwind for U.S. manufacturing.
Minyanville | The Big Mistake India Made in Trying to Fight Inflation
Higher short-term interest rates did not solve one problem, but rather created another.