News Round-up: 18 Jul 2008

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Financial collapse edges closer – Martin Hutchinson, Asia Times

Mortgage squeeze tightens further – BBC News

Jim Bunning’s Capitalism Pitch Is in Strike Zone: Caroline Baum – Bloomberg

Google shares slump after ad warning – Irish Independent

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Nomura to offer broad brokerage services in India – MarketWatch

Citigroup posts another big loss – BBC News

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Freddie Mac Takes Step Toward Stock Sale – NY Times

Merrill Smacked Again by Mortgages, Sells Bloomberg Stake – Housing Wire

Obamanomics – Irish Independent

Why Buy Treasuries When You Will Be Able to Buy Fed/Treasury-Guaranteed GSEs? – Paul Kasriel, Safe Haven

Five reasons to be cheerful amid the gloom – BBC News

Barclays foreign investors raise stakes to 16% – Times Online

Is your house worth less than you paid for it? – Times Online

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