2011.11.24

News Headlines - 24 November 2011

▽German bond auction 'disaster' rocks markets - Telegraph.co.uk
http://www.telegraph.co.uk/finance/financialcrisis/8910839/German-bond-auction-disaster-rocks-markets.html
The German government was unable to sell about 35pc of the €6bn (£5bn) 10-year bonds it offered to the market, getting just €3.9bn of debt away. The setback came as Fitch Ratings issued a warning that France’s AAA credit rating would be at risk should the crisis result in a sharper downturn in the country than currently envisaged.

▽IMF Warns Japan Debt Could "Quickly Become Unsustainable" - Wall Street Journal
http://online.wsj.com/article/BT-CO-20111124-701182.html
The International Monetary Fund warned in a new report that market concerns over fiscal sustainability could trigger a "sudden spike" in Japanese government bond yields that could "quickly" render the nation's debt unsustainable as well as shake the global economy.

▽Gunmen shoot, kill five protesters in Yemen capital - Reuters
http://af.reuters.com/article/energyOilNews/idAFL5E7MO1K020111124
At least five people were killed when plainclothes gunmen opened fire on Yemeni protesters in the centre of the capital Sanaa on Thursday, witnesses and a hospital official said, a day after President Ali Abdullah Saleh signed a deal to hand over power.

▽Sir James Dyson funds £1.4m professorship at Cambridge University - The Guardian
http://www.guardian.co.uk/business/2011/nov/24/james-dyson-endowment-cambridge-university?newsfeed=true
Sir James Dyson has called for a march of the scientists and engineers through British boardrooms as he launched a £1.4m professorship at Cambridge University with a warning that the academic status of inventors is not reflected in the executive world.

▽UK net migration hits record high - The Guardian
http://www.guardian.co.uk/uk/2011/nov/24/uk-net-migration-record-high
Net migration to Britain rose to a record 252,000 in 2010, despite the government's target to bring it down to "tens of thousands", according to the latest annual figures.


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