Updated: Readings for the Holy Week-end

I shall update and to the list as days go by.


China Slows Purchases of U.S. and Other Foreign Bonds, by Keith Bradsher (NYT)

Reversing its role as the world’s fastest-growing buyer of U.S. Treasuries and other foreign bonds, the Chinese government actually sold bonds heavily in January and February before resuming purchases in March, according to data released this weekend by China’s central bank.

The End of Christian America, by Jon Meacham (Newsweek)

Richly Undeserved, by David Leonhardt (NYT)

Emerging Markets, Setting a New Pace, by Conrad de Aenlle (NYT)

In the first quarter this year, however, emerging markets lost less as the decline continued and gained more in the recovery that began early last month.

Crisis Altering Wall Street as Big Banks Lose Top Talent, by Graham Bowley and Louise Story (NYT)

Sensing a shifting tide, talented bankers who fear a dimmer future at banks that have taken taxpayer money are migrating to brash boutique firms like Aladdin, which are intent on proving their critics wrong by chasing fast profits and growth in hopes of one day rising up as challengers to the old guard.

All Is Not Lost for the Class of 2009, by Eilene Zimmerman (NYT)

Other possibilities are jobs in the federal government, one of the few big organizations that is hiring on a large scale. “The federal government has offices in virtually every city in the country,” Mr. Rothberg said, and it is “hiring for full-time, entry-level positions.”

Readings from yesterday (4/11) after the jump.


Democracy Denied, by David Gardner (FT Weekend)

A beautiful report on the Arab world’s attempt to apply democracy and modernity into their political system that has long been heavily influenced by their religion. Can the Arab world succeed?

Rather, the root of the problem is that a majority of Muslims is convinced that the west – interested only in a stability based on regional strongmen, the security of Israel and cheap oil – is engaged in a war against Islam and is bent on denying them the freedoms it claims for itself.

Man in the News: Kim Jong-Il, by Christian Oliver (FT)

He’s probably not the most loved politician in the world yet it is interesting to get to know him a bit more. Maybe.

“What can he possibly be thinking?” writes the US historian Bruce Cumings. “He is thinking, get me out of here.”

Drunken Nation: Russia’s Depopulation Bomb, by Nicholas Eberstadt (World Affairs Journal)

The mass deaths associated with the Communist era may be history, but another sort of mass death may have only just begun, as Russians practice what amounts to an ethnic self-cleansing.


Fed Said to Order Banks to Stay Mum on ‘Stress Test’ Results, by Bradley Keoun and Scott Lanman (Bloomberg)

Still Few Buyers in Fed’s Effort to Restart Lending, by Massimo Calabresi (Time)

Making Banking Boring, by Paul Krugman (NYT)

Socialism Has Failed. Now Capitalism Is Bankrupt. So What Comes Next? by Eric Hobsbawm (Guardian)

What Next For Banks, by Simon Johnson (Baseline Scenario)


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