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)