Selective Global Recession Time; China's Re-emerging Big Ego a.k.a. Nationalism; Little Guys Glad for the Collapse of the WTO Talks

MWF (Wednesday) Briefing:

More regulation, protectionism, nationalism, and a hint of fear. It's recession time!

• US Department of Labor and SEC sign a Memorandum of Understanding (MOU).  The Labor Department and the SEC have created a combo-deal making permanent their agencies' longstanding relationship of info. sharing on retirement and investments to protect the $5.8 trillion in assets of workers, retirees and their families held in employee benefit plans. DOL

•  Click to enlarge. Consumer Price Index, Unemployment, Producer Price Index, etc.  DOL

• List of countries in or due for a major recession:

United States
Japan
United Kingdom
Spain
Ireland
Italy
Portugal
Canada
New Zealand
Estonia
Latvia
Some other South-Europe emerging markets
Repeat from yesterday. FT RGE Monitor

• China's nationalism and authoritarianism shine along with an upbeat attitude. Economist

• Former Jamaican diplomat says failed WTO talks a 'godsend' for Caribbean.  Farmers unable to compete with developed markets' produce.  Jamaica Observer

• The best U.S. states for business. Forbes