In Friday's Americas papers

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

THE WALL STREET JOURNAL

Front page

Finding beauty in beast of Bolsover
Dennis Skinner has earned his reputation as the UK Parliament's No 1 killjoy. But his reflexive need to vote against pay raises now puts him in sync with the mood of the public, and other politicians.

Survey: How Europe sees America
Most Europeans think America's political influence in the world was negative over the past five years, but say it has taken a sharply positive turn since Obama's election.

EU agrees on regulatory groups
European Union leaders agreed on Thursday to broad principles for establishing new supranational financial supervisors, but stopped short of giving those regulators the power to force national governments to bail out companies.

Money & Investing

Fiat CEO sets new tone at Chrysler
Part of Sergio Marchionne's prescription for Chrysler is to speed decision-making and move top executives closer to the business of making and selling cars and trucks.

Stocks open mostly higher
European stocks opened mostly higher, helped by a solid finish on Wall Street on Thursday and gains in Asia, but car makers weighed on Frankfurt after Porsche announced a drop in sales.

CEOs of bailed-out banks keep jet perk
Some executives at banks propped up by government aid have retained a coveted perk, personal use of the company jet.

THE NEW YORK TIMES

Front page

As standoff deepens, Iran’s leader urges return to faith
After mass protests, many Iranians looked to Friday’s address by the country’s supreme leader, Ayatollah Ali Khamenei, to provide a route out of the confrontation.

Basque militants blamed in killing of policeman
A car bomb blamed on the Basque militant group ETA killed a police inspector on Friday when it exploded in a town near Bilbao, authorities said.

Business Day

Senators sceptical of financial regulation plan
The Treasury secretary said the Federal Reserve’s powers would not expand greatly under a planned reform of financial regulation.

Cutting off mom & pop credit
A crackdown on credit limits by card companies is squeezing the nation’s small businesses, exacerbating the problems caused by a stagnant economy.

WASHINGTON POST

Front page

Obama initiatives hit speed bumps on the hill
Hopes for quick action on health-care reform run into the realities of Congress, as lawmakers searching for money discover it is not easy to find.

Redefined fed alarms congress
Effort to give bank more power concerns those who are annoyed it did not do more to avert the crisis.

Business

'Clunkers' bill passes in bid to revive car sales
The Senate approves a $1bn program to give vouchers to consumers who trade in their gas-guzzling clunkers for more fuel-efficient models - a move that dealers hope will revive slumping auto sales

Lawmakers balk as administration tries to redefine Central Bank's role
The Federal Reserve, which has been at the centre of the government rescue of the financial system, is now on the hot seat, with a debate on Capitol Hill emerging over its responsibility for the crisis and its proper role in preventing such events in the future.

GLOBE AND MAIL, Canada

Front page

US asked Canada to help build a case against Abdelrazik
Washington attempted to elicit the Harper government's help in putting Abousfian Abdelrazik behind bars, even though American anti-terrorist agents admitted they lacked sufficient evidence to charge him.

Supreme Leader prepares to address Iran as protests continue
Iran's Supreme Leader will address the nation on Friday for the first time since a disputed election result triggered the biggest protests the Islamic Republic has seen.

Business

Competition raises stakes for Bell, Rogers
Canada's two largest communications companies are at war in Central Canada as they play a high-stakes game to hold off new competition.

From the farm, Carney's lesson for Bay St
The way Bank of Canada Governor Mark Carney sees it, the searing Prairie drought that is withering farmers' tender spring crops holds a lesson for investors betting that an economic recovery is a sure thing.

BUENOS AIRES HERALD

Front page

De Narváez, Kirchner trade jabs over Aerolíneas
The head of the Unión-PRO congressional slate in Buenos Aires province, Francisco De Narváez, echoed comments made by City Mayor Mauricio Macri criticising the nationalisation of airliners Aerolíneas Argentinas and Austral.

Carrascosa to spend life in prison
Buenos Aires province Casation Court found businessman Carlos Carrascosa guilty of aggravated homicide of his wife María Marta García Belsunce and sentenced him to life in prison.

Hundreds of thousands protest in Iran, mourn dead
Hundreds of thousands of Iranians, wearing black and carrying candles, marched to mourn those killed in mass protests against a presidential election they and defeated candidate Mirhossein Mousavi say was rigged.

By: Staff Reporter
+44 20 8652 3214

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