Frontrunning: February 17

• Geithner Says Inaction On Debt Limit Would Harm Recovery (WSJ)
• Now Libya Set for ‘Day of Anger’  (FT)
• Police Break up Bahrain Demonstration, Military Takes Control of Capital (FT)
• Suez cancellation lifts Egypt diplomatic strain (Reuters)
• China Opens More Options for Yuan (WSJ)
• Is Your Job an Endangered Species? (WSJ)
• Germany's ECB Presidency Chances May Fade After Merkel's Bundesbank Choice (Bloomberg)
• Till Debt Do Us Part (American)
• Belgium Weighs New Coalition Proposal (WSJ)
• Osborne Eyes Looser Liquidity Regime (FT)
• Fat Lady Wanted as Aide to Fed Rate Setters (Bloomberg)
• China's inflation overhaul clouded by data doubts (Reuters)
• Fed Officials Divided on Stimulus, Disappointed on Job Growth (Bloomberg)
• Fight over Dodd-Frank Headlines Senate Panel (Reuters)

European Economic Highlights

• Euro-Zone Current Account nsa for December-0.1B.Previous -6.0B.
• Euro-Zone Current Account SA for December -13.3B.Previous -10.5B.
• Euro-Zone Construction Output SA for December -1.8% m/m -12.0% y/y.Previous -0.9% m/m -6.3% y/y.
• Norway GDP s.a. for Q4 2.4% q/q - higher than expected.Consensus 1.7% q/q. Previous -1.5% q/q.
• Switzerland Credit Suisse ZEW Survey (Expectations) for February -17.2. Previous -18.4.
• Sweden CPI - Headline Rate for January -0.5%m/m 2.5% y/y - lower than expected.Consensus -0.4%m/m 2.6% y/y.Previous 0.7% m/m 2.3% y/y.
• Sweden CPI - CPIF for January -1.1% m/m 1.4% y/y - lower than expected.Consensus -0.5%m/m 2.0% y/y. Previous 0.6% m/m 2.3% y/y.
• Sweden Unemployment Rate for January 8.2% - higher than expected.Consensus 8.0%. Previous 7.4%.

Comments

[Oh regional Indian]

I wish Iran had not steped back on the Suez Sail. Just sets bad precedents for bullies.

Bully needs a bloody nose from a little un.

Yemen, Bahrain, Libya......

Damn meddlers...liars...

ORI

http://aadivaahan.wordpress.com/2011/02/16/truth-about-america-truth-about-us/

[snowball777]

"Is Your Job an Endangered Species"

Kessler's technology-driven jobs reduction is the dumbest thesis on UE I've read this week. Take his example of the GG bridge...both FastTrak and plate-scanning have been in place for years, but they eliminated the toll workers now.

[Freewheelin Franklin]

Belgium Weighs New Coalition Proposal

The sex boycott must be working.

[The Rock]

Fuck the cowardly governments that shoot at non-violent protestors (in the wee hours of the night nonetheless)!

[I am more equal...]

Geithner Says Inaction On Debt Limit Would Harm Recovery....

First, what recovery?

Second, higher debt would kill the recovery.

Third, inaction is probably the best course of action.  The the consequences begin!

Fourth, what full retard university gave Timmey a degree?  That university probably produced a lot more village idiots that need to be cleansed from this system.

[taraxias]

Chill out dude, he is a paid tool just like his boss. It has nothing to do with the University education he got.

[gall batter]

They don't want a recovery.