Worldwide
Trade Deficit in U.S. Unexpectedly Shrinks as Oil, Automobile Imports Drop The trade deficit in the U.S.
unexpectedly narrowed in January as demand for foreign oil and
automobiles dropped.
Naked Swaps Crackdown Threat in Europe Rings Hollow Without Obama Backing European politicians and regulators
could initiate a continent-wide ban on speculative trading of
sovereign credit-default swaps tomorrow. Making it stick without
the Americans won’t work.
Treasury Yield Curve Near Record Before Bond Sale; Stocks in U.S. Retreat The difference in yields between 2-
and 30-year Treasuries was near the highest on record as the
U.S. prepares to sell $13 billion of bonds amid signs the global
recovery is gaining momentum.
Jobless Claims in U.S. Decrease to 462,000 as Payroll Reductions Near End The number of Americans filing
first-time claims for jobless benefits fell for a second week to
a level that indicates companies are nearing the end of payroll
reductions as the economy recovers.
Toronto Will Sell 30-Year Bonds for First Time Since 1980s: Canada Credit Toronto, Canada’s largest city,
plans to sell 30-year bonds for the first time since the 1980s
to take advantage of federal government matching funds for
infrastructure projects.
Detroit Sells $250 Million of Its Debt Without Recent Disclosure Filings Detroit, the largest U.S. city
whose debt is rated below investment grade, will ask investors
today to buy $250 million of its debt without having filed
annual financial reports on time for five years.
Bain's Sensata Raises $569 Million at Low End in Biggest U.S. IPO of 2010 Bain Capital LLC’s Sensata
Technologies Holding NV sold $569 million of shares at the low
end of its price range in the biggest U.S. initial public
offering this year.
Greece Paralyzed by Strikes as Unions Protest Against Plan to Cut Deficit Greek hospitals, airports and
schools were shut and police scuffled with protesters as unions
staged the second general strike this year against government
budget cuts to curb the European Union’s biggest deficit.
Food Recalls From Salmonella May Rise to 10,000 in Industry 'Wake-Up Call' Salmonella contamination at a
Nevada food-flavoring plant may trigger the recall of as many as
10,000 products, according to a Consumers Union scientist.
Putin Visits India in Race With U.S., Europe for Arms, Nuclear Agreements Russian Prime Minister Vladimir
Putin arrives in New Delhi tonight to fend off competition from
the U.S. and Europe to supply arms and nuclear energy to India.
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