In Friday's Americas papers

13 November 2009 11:30  [Source: ICIS news]

THE WALL STREET JOURNAL

Front page

Builders downsize the dream home
As they draw up blueprints for the house of the post-recession future, builders are struggling to distinguish among what home buyers need, what they want and what they can live without.

Obama begins visit to Japan
Obama arrived in Tokyo, aiming to shore up relations with a new Japanese government that vows to be more assertive with its US ally.

Craig to leave counsel job
White House Counsel Greg Craig is expected to announce as soon as Friday that he plans to depart his post following a rocky tenure, two people familiar with the matter said.

Money & Investing

BA, Iberia agree to merge
British Airways and Iberia agreed to create one of the world’s largest airlines, culminating more than 15 months of negotiation.

Euro-zone economy returns to growth
The economy for the 16 countries that use the euro grew for the first time in a year and a half during the third quarter, but growth was slower than expected after a surprisingly weak performance from France.

Intel, AMD reach truce
Chip giant Intel agreed to pay $1.25bn in a settlement with AMD, a step that shores up its smaller rival and may defuse the mounting antitrust scrutiny Intel faces.

THE NEW YORK TIMES

Front page

Militants hit Pakistan spy agency in new escalation
Militants attacked an intelligence agency building in Peshawar, stepping up their fight against the government and killing nine.

Euro zone officially out of recession
Even with the rebound, which appeared to be powered by German growth, the region’s outlook remained patchy.

Business Day

A greener way to travel in India
For two of India’s biggest problems, battered roads and overflowing landfills, Ahmed Khan has a single solution: streets made with recycled plastic.

British airways and Iberia plan to merge
A $7bn merger of the two European airlines would conclude more than 16 months of talks.

WASHINGTON POST

Front page

White House counsel expected to step down
Gregory Craig, whose tenure has been marked by struggles over closing Guantanamo, is expected to announce his departure as early as today.

Prosecutors tie Iran, US assets
Feds move to seize several US assets, including a Maryland mosque and land in Virginia.

Business

Fewer are losing homes in Washington region
Bank repossessions of homes in the DC area declined last month but are on pace to surpass last year's total in most parts of the region by the end of the year, according to data released on Thursday by RealtyTrac.

Obama calls summit on job creation
Forum is an attempt to signal president's concern about the growing ranks of the unemployed and to build consensus on future action to stoke the economy.

GLOBE AND MAIL, Canada

Front page

Second H1N1 wave takes lethal toll on Canadians
A sudden spike in H1N1 deaths over the past week reveals that the pandemic virus is taking a far greater toll on Canadians during the second wave, raising fears that it is just as severe, if not worse, than seasonal flu.

The new Canada: a question of emphasis
Canada's new immigration guide traces a national portrait that may be unfamiliar to many Canadians, one that draws heavily on historic symbols long exiled from the national consciousness.

Business

Meet the mad men of Prince Edward county
Alcohol-fuelled lunches. Strip clubs. Broken marriages. Three veterans of the ad world tell it like it really was – and how everything has changed.

As brands fall, car dealers scramble to fill void
As trade-ins go, Dale Wurfel made a doozy when he swapped his seven-year-old Pontiac Buick GMC dealership for a new Chrysler store.

BUENOS AIRES HERALD

Front page

CFK asks to reschedule Plaza de Mayo rally
President Cristina Fernández de Kirchner spoke at the inauguration of works at the Railway Union headquarters.

Kirchnerites might accept amendments in political reform
The Kirchnerite bloc of the Lower House of Congress might accept to make some modifications in the political reform draft in order to gain consensus during the next session to be held next Wednesday.

Lavagna: plot reports are an excuse to conceal government's failures
The former Economy Minister of the Kirchner administration, Roberto Lavagna, today suggested that the government had "made up an excuse" when it reported it was the target of a destabilisation attack because "its failures are becoming increasingly noticeable".

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