
Top News
After 18 months of dithering, bickering and delusion, the leaders the euro zone have finally conceded to the inevitable and cobbled together a second bailout of Greece. The total package agreed to on Thursday – with fresh loans of $157 billion – includes some startling breakthroughs in Europe's approach to solving the destabilizing euro debt crisis. (Time)
Visit http://curiouscapitalist.blogs.time.com/2011/07/22/will-the-second-greek-bailout-save-the-euro/ to view the full article online.
Career
You couldn’t have picked a better time to ask for more money. According to a recent survey by human resources firm Buck Consultants, 76 percent of businesses that imposed salary restrictions during the last 18 months have now lifted their freezes. (Bloomberg/Businessweek)
Visit http://images.businessweek.com/slideshows/20110720/how-to-get-a-raise/slides/1 to view the full article online.
Unemployment in the African American community continues to hover devastating highs with a reported 16.2% unemployment. It is time for action on the most important issue of our time – economic opportunity, jobs! Members of the Congressional Black Caucus will travel the country for the CBC’s For the People Jobs Initiative. Look for us in Cleveland on August 8, Detroit on August 16 and Atlanta on August 18.
Visit http://thecongressionalblackcaucus.com/issues/jobs-initiative/ to view the full article online.
International
India’s liberalization began with a bang in 1991, but two decades on the unreformed parts of the economy are becoming a drag on growth. Time for another bang. (The Economist)
Visit http://www.economist.com/node/18986387 to view the full article online.
NBMBAA
Time is running out to register for the NBMBAA 33rd Annual Conference & Exposition, coming up October 4-8 in Atlanta, GA. Save money by registering in the next week to take advantage of early discounts and to make sure you get the sessions and hotel locations you want.
Visit http://www.nbmbaaconference2011.org to view the full article online.
Corporate America
As engineer of Apple's winning retail strategy, Ron Johnson created a juggernaut that reaped both profits and positive buzz. But can he do the same with the department store, a retail format that many feel is becoming antiquated? (Knowledge@Wharton)
Visit http://knowledge.wharton.upenn.edu/article.cfm?articleid=2813 to view the full article online.
After the investment bank's bad behavior during the crisis – and the bad publicity that resulted – it would seem logical for Goldman's clients to disappear. But they didn't. (Slate)
Visit http://www.slate.com/id/2299632/ to view the full article online.
Government
While administration officials project an economic catastrophe if the debt limit is not raised by Aug. 2, many Americans do not see this deadline as a major problem. Four-in-ten (40%) say that, from what they've read and heard, it is absolutely essential that the federal debt limit be raised by Aug. 2 to avoid an economic crisis, while about as many (39%) say the country can go past this date without major economic problems. (Pew Research Center)
Visit http://pewresearch.org/pubs/2062/poll-americans-do-not-see-debt-limit-deadline-problem-economic-crisis to view the full article online.
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