• US stock futures rise on stimulus hopes – Market Watch
• What comes after ‘Europe’? – WSJ
• Bailout rebellion in Germany heats up – Zero Hedge
• Italy credit downgraded, French banks pressured – Reuters
• Greece: Is this the end game? – CNN Money
• Bank of China halts FX swaps with some European banks – Reuters
• How can China save Europe when it’s defaulting on its own debt? – Forbes
• Doom! Our Economic Nightmare is just beginning – TNR
• Point of no return: Will it be Japanization, monetization,  or Crisis 2.0 – MGETA
• Roubini: How to prevent a depression – Project Syndicate
• 15 demands from the IMF/ECB/EU Troika which could be the Greek Default trigger – BBC Joe Lynam
• Roubini: Greece should default and abandon Euro - FT
• The European Bank Run – Credit Writedowns
• Sea Frontiers - Korea Times

• Greece weighs on markets despite China-Italy talks – AP/Yahoo Finance
• Merkel warns on Greece, Obama voices US alarm – Reuters/Yahoo Finance
• The long slide into protectionism – FT
• Get Ready for the next crash – MSN Money
• Euro SOS – naked capitalism
• Merkel faces key choices on rescuing Euro – NYT
• G7 agree to act together on the economy but offer no action – Daily Telegraph
• Failure to tackle lessons from 2008 – FT
• Lehman Brothers: Three years of Denial – Guardian
• Plan emerges to pay for Obama’s jobs bill – Bloomberg
• Dark Side of Brazil’s Economic rise – WSJ

World News

• The Crisis of Europe and European Nationalism – Stratfor/RCW
• Europe on the verge of political breakdown – Project Syndicate
• ‘People are close to revolt’: Views from afar – Atlantic
• The Middle East is slipping backwards – Washington Post/RCP
• The woman who wants to be Egypt’s first female President – CNN World
• For Perry, being governor has perks – Politico

• World at risk of second financial heart attack – Globe and Mail
• Greek default jitters hammer French banks, euro – Reuters
• Markets brace as crisis in Europe flares up again – NYT
• Eurozone bonds are necessary, but not sufficient for the eurozone’s survival – Euro Intelligence
• Capital gains tax rates benefiting wealthy feed growing gap between rich and poor – Washington Post
• 15 mind-blowing facts about inequality in America – BI
• OPEC cuts oil demand forecast on growth concerns - AP/Seeking Alpha

World News

• Egypt adrift – The Daily Star
• Egypt threatens to use live rounds in protest crackdown – Guardian
• Turkey says flotilla raid was ’cause of war’ – AP
• No radiation leak at Marcoule, says French government – RFI
• The Soviet Union was undermined by stagnation and a sense of hopelessness. Is the same thing happening again? – Economist
• Copenhagen’s novel problem: Too many cyclists – Guardian
• The Bubble Boys of Silicon Valley – NY Magazine

• ECB Stark’s resignation huge setback for Eurozone – NYT
• Europe at point where everything done is wrong – Market Watch
• The euro zone is coming apart at the seems now – Credit Writedowns
• Marseille lays bare G7 differences and lack of policy room – Reuters
• Ongoing Greek debt problems spark talk of euro exit – Raw Story
• Greece officials scramble to find more cuts – WSJ
• Germany preps bank contingencies if Greece defaults – Market Watch
• Poland: Italy contagion would destroy Eurozone – Reuters
• Germany Austerity drive risks Euro-slump – Daily Telegraph
• Another down week for stocks – CNN Money
• Pushing Jobs Bill, Obama yells at Richmond Students – Atlantic
• The imminent yuan float meme – Macro Business
• Karl Marx and the Revolution of Capitalism – BBC
• Robert Reich: The Limping Middle Class – NYT
• Pork shortage hurting Chinese economy – LA Times

World News

• Protests of Thousands in Cairo turns violent – NYT
• Egyptian protestors break into Israeli embassy – BBC
• Turkey-Egypt talks stoke Israeli fears of political isolation – Guardian
• Obama’s Angry, Direct, and Eloquent Defense of Government – TNR
• Hearing Rumors of a Plot, Cities make their security forces seen – NYT
• US Weather: La Nina returns, bringing more severe weather – Physorg
• California Gov. Jerry Brown says that “not every human problem deserves a law” – SF Chronicle
• It’s no longer Obama-land in the Hamptons – Washington Post
• Russians’ love affair with GB – BBC
• Slow Food takes on the $5 ‘value meal’ – Forbes/Zagat
• The Complete History of Restaurants featured on ‘Curb your Enthusiasm – Complex

• Global stocks post steep declines – NYT
• Zero job growth latest bleak sign for US economy – NYT
• Stock markets fall again as IMF chief warns of Euro crisis – Guardian
• Germany acts alone: Self-Important approach worries Berlin’s allies – Der Spiegel
• Merkel any euro exit could cause dangerous dominoes – Reuters
• President of the European Commission Barroso says Europe will avoid return to recession – BBC
• The worse part of the Euro Crisis is yet to come – FT
• Europe’s banks face unsecured bond test – FT
• US Money Market blow for Eurozone – FT
• The Decline of Manufacturing in America: A Case Study – naked capitalism
• Rich look to escape higher tax burden – FT
• Supercommittee pits lobbying firms’ clients against one another – Bloomberg
• Lloyds in sell-off peace offer – FT
• China aims to rein in car sales – NYT

World News

• Libyan rebels focus wrath on African migrants – NYT
• UK Rioting link to deprivation revealed – FT
• State Election adds to gains by Social Democrats in Germany – NYT
• US College Students living in the lap of luxury – LA Times
• Jonathan Chait: What the Left doesn’t understand about Obama – NYT
• What Jonathan Chait doesn’t understand about Obama – FDL

• More data to come on the ‘zero’ jobs market – Market Watch
• ECB treads carefully amid pressure on Greece and Italy – FT
• The road to Europe: the return of the State – Open Democracy
• Privatisation in China: Capitalism confined – Economist
• Merkel asks for Caution on Parliamentary veto for bailouts – WSJ

World News

• New Japanese PM Noda announces priorities – FPA
• Iran arrests saltwater lake protesters – BBC
• A Labor Day of Frustration for Obama supporters – Atlantic Wire
• Maureen Dowd: Obama One and Done? – NYT
• Vermont Flood Hi Res Gallery – Lars Gange & Mansfield Heliflight
• Firebrand whips up a South African storm – FT

• Broader US unemployment rates rises to 16.2% – WSJ
• A Succinct summation of this week’s economic news – The Big Picture
• Number of the Week: Volatile August for Stocks – WSJ
• Shadow Sovereign Ratings – vox
• Roubini: How to stem bank bleeding – FT
• Regulator sues major banks over subprime bonds – Reuters
• High Asian demand may lift up Saudi crude prices – Times of Oman
• The Dog-eared paperback, newly endangered in an e-book age – NYT

European Economy

• Europe alarmed as Italy’s austerity plans unravel – NYT
• Lenders suspend Greek bailout talks – FT
• Greece to miss 2011 deficit target, privatization goals in doubt – Reuters
• Krugman: Meanwhile in Europe – NYT
• Is austerity killing Europe’s recovery? – Washington Post
• Italian town Filettino declares independence and begins printing its own banknotes – BBC

The Fed & more on Worldwide Unemployment

• How will the Fed respond to today’s bad news on employment? – Economist’s View
• Nearly out of tricks, Fed may pare longer rates – NYT
• Workers’ malaise foreshadows wider social issues – Reuters
• Gordon Brown: Give the Kids jobs – Daily Beast

World News

• India’s anti-corruption movement gains momentum, has far to go – CNN World
• Uncle Sam stays home: Are we looking at a new era of US isolationism? - The Star
• Syrian security forces kill 11; clashes at hospitals reported – LA Times
• William Hague: Syrian oil sanctions agreed – Daily Telegraph
• In the new Egypt, foreign policy not just for diplomats – Reuters
• Why is the Middle East still in thrall to 9/11 conspiracy theories – TNR
• The perilous politics of arming Taiwan – Economist
• More Chinese Dissidents appear to disappear – NYT
• Battling Couch Potatoes: Hungary introduces ‘Fat’ Tax – ABC News
• Missing Pieces: Humanitarian intervention, Egypt’s Economy, and more – CFR
• In Russia, Harsh Remedy for Addiction Gains Favor – NYT

• US job growth grinds to a halt in August – Reuters
• Worldwide factory activity by country – WSJ
• European banks push Greek bailout plan – NYT
• Germans have yet to be told the costs of allowing the euro to break up – Independent
• Beyond Good Politics, Egypt needs Economic remodeling – Bloomberg
• The Great Recession and Government Failure – WSJ
• Regulators ask BOA about contingency plans – naked capitalism
• UK’s silicon valley feels the squeeze – FT
• Swiss economy continues robust growth – FT
• Hoover’s great depression – naked capitalism
• Poverty overshadows Las Vegas lights – FT

World News

• Libya’s new leaders divided, untested – Reuters
• Why Iran eyes a Syrian Civil War – The Diplomat
• Saudi Arabia’s Revolutionary Triage – National Interest
• Saudi Arabia’s Counter-Revolution – FP
• Turkey expels Israeli Ambassador over leaked UN report – VOA
• Americans obsession with candidates that ‘look presidential’ - WSJ
• After all its behind-the-scenes drama, what’s really going on at AMC? – NY Mag

• IMF and Eurozone clash over estimates of how much damage sovereign debt has done (and will do) to European banks  – FT
• Worldwide factories falter as orders fade – Reuters
• Euro rescue fund faces political demands – Bloomberg
• ECB’s Stark: US has enormous debt problem – Reuters
• Goldman takes a dark view on the world economy – WSJ
• Why a slowdown in Germany could be good for Europe – vox
• Nevada wallops BOA with sweeping suit; nationwide foreclosure settlement in peril – Pro Publica
• The Australian Economy is fundamentally broken – Macrobusiness
• AT&T’s Hubris – CJR
• China pushes for opening up to Eurasian heartland – VOA
• US Self-Employed struggle to see opportunities – Bloomberg

World News

• Bahrain on edge: Nightly clashes and calls for more protests – Washington Post
• Chinese warship confronts Indian navy vessel – rediff
• Hong Kong worries about China’s tightening grip in wake of security controversy – AP/Washington Post
• India and Pakistan exchange fire in Kashmir – NYT
• Japan’s revolving door at the top – LA Times
• Oil firms bet on the survival of Syria’s Assad – Reuters
• Hurricane Irene Aftermath: Devastating flooding across New Jersey and Vermont will prove costly - Washington Post
• London Olympics drops carbon-offset plan – Bloomberg
• China sending envoys to friends of Libya meeting in Paris – VOA
• Iran irked by errors in Qurans from China – MSNBC

• Is the Greek bailout falling apart? – Time
• Fitch warns it may downgrade China’s yuan debt rating – BBC
• Analysts scale back US earnings expectations – FT
• Struggling with a great contraction – FT
• Poland Central Banker: Euro bonds look more likely – Market Watch
• Paris vs. Reality: The French Government proposes austerity for everyone except the state – WSJ
• Vince Cable: disingenuous bankers are trying to derail reforms in UK – Guardian
• George Osbourne and Vince Cable at war over UK bank reform – Independent
• A 20-rule manifesto for new no-growth economics – Market Watch
• US Economic Indicators: Consumer Spending – Dr Ed’s Blog
• China intensifies purchase of copper – FT
• Tax us more, say wealthy Europeans – Guardian
• The Bomb that might blow a hole in BOA – BI
• Exxon-Rosneft: Oil’s new Cold War – Market Watch

World News

• Flood of wikileaks cables includes identities of dozens of informants – CNN World
• Kremlin’s Fear of China drives its foreign policy – Moscow Times
• Syrian Activists say troops raid Central City – VOA
• Water is the new weapon in Beijing’s armoury – FT
• The Kurdish Problem – NI
• India: Shutting out the World – TOI
• Keith Ewing: The Sound of Silence – Human Rights, the Rule of Law, and the ‘Riots’ – UK Constitutional Group
• Africans in Libya fear for their lives – Daily Telegraph
• Shades of Versailles in the Arab World – National Post
• Dick Cheney shoots former colleagues in the face – Technorati