In Wednesday's Americas papers

17 June 2009 11:30  [Source: ICIS news]

THE WALL STREET JOURNAL

Front page

Recount set as Iran seethes
Pro-government and opposition demonstrators poured into the streets of Iran’s capital on Tuesday for a fourth day of sometimes-violent rallies, as the country’s religious leaders agreed to a partial recount of Friday’s disputed presidential vote.

Obama aspires to a ‘light touch’, not a heavy hand
As he prepares to release the most extensive proposals to change financial regulations since the 1930s, President Barack Obama is a bit anxious.

UK to restrict internet access for repeat digital pirates
Hoping to cut down on rampant online theft of music and movies, the British government plans to ratchet up pressure on suspected pirates with measures that would ultimately restrict the Internet access of repeat offenders.

Money & Investing

New Swedish owner could give Saab a fresh lease on life
Saab Automobile AB has another shot at survival after a consortium led by Swedish boutique sports car maker Koenigsegg Group AB agreed to a preliminary deal to buy the troubled company from General Motors Corp.

Firms picked to revive US nuclear industry
Four utilities are likely to split $18.5bn in US financing to build the next generation of nuclear reactors.

Black Swan trader bets on inflation
Mark Spitznagel, the hedge-fund manager who made a fortune predicting the "black swan" that hit markets last year, is now betting that inflation will soar.

THE NEW YORK TIMES

Front page

Bracing for new protests, Iran threatens crackdown
Tehran braced for a possible third day of defiance by opposition supporters on Wednesday after Iran’s leaders failed to halt huge demonstrations against last week’s disputed election results.

A staged murder spotlights police work
City police faked the murder of Kermen Basangova in an attempt to ensnare her deputy, who was plotting to kill her.

Business Day

Stalking a weaker Wall Street
Wall Street’s great investment houses have never faced a serious foreign challenge in their own backyard. But as tectonic shifts reverberate through the banking industry, their overseas rivals are edging into some of the most lucrative corners of American finance.

Boeing and Airbus prepare (again) for tanker battle
Boeing said on Tuesday that it was prepared to go head to head with its European rival, EADS, to win a bitterly contested $35bn contract from the Air Force by converting its 777 passenger plane – a bigger aircraft than Airbus is offering – into a refuelling tanker.

WASHINGTON POST

Front page

Obama plan deepens federal role in markets
White House proposal would overhaul outdated system of financial regulations in a bid to curb the kinds of risk-taking that sparked economic crisis.

CIA fights report’s full release
Agency urges White House to suppress portions of an internal account of its interrogation programme.

Business

Regulatory overhaul is detailed
White House outlines a series of proposals that would involve the government much more deeply in the private markets, from helping to steer consumers into mortgage loans to imposing new limits.

CBO: Health plan needs controls
Obama’s plan to expand health coverage to the uninsured is likely to dig the nation deeper into debt unless policymakers adopt politically painful controls on spending, budget analysts say.

GLOBE AND MAIL, Canada

Front page

New hydrogen leak cancels shuttle launch
For the second time in less than a week, a hydrogen gas leak on shuttle Endeavour’s fuel tank has forced a launch delay, pushing its space station construction mission into July.

Man’s sleep-sex defence a waking nightmare for the woman he attacked
After being jolted out of sleep by a stranger raping her after a party, it was almost inconceivable to a 34-year-old Toronto woman that anything could ever match the horror.

Business

Defying convention
On a recent morning, Judith Athaide rushed from her Calgary home and forgot both BlackBerrys – the one she uses for her personal life, and the other for the biggest project of her life, the breathtaking Bow office tower rising in downtown Calgary.

Ban on flavoured tobacco sparks US ire
It began as an attempt to get candy-flavoured cigarillos out of the hands of kids, but US tobacco growers said a pending Canadian law would ban imports of virtually all US tobacco products.

BUENOS AIRES HERALD

Front page

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By: Staff Reporter
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