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December 2, 2008

Reading: Ford, BRICs, IATA, Vikings, etc.

Some quick items worth reading:

• BRIC shoppers will rescue world (Bloomberg)
• International air traffic decline continues for second month (IATA)
• Iceland crisis sends Viking descendants back to Norway (Bloomberg)
• Asian money costs climb as recession deepens (Bloomberg)
• Ford to present plan for retooling to smaller and more efficient cars (WSJ)
• Paulson may clash with Chinese over yuan later this week in China (Bloomberg)
• Tax-free munis are yielding record 136% of a 10-year Treasury (Bond Buyer)
• More than two-thirds of institutional investors claim to be below hedge fund target allocation (PI)

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