BBC Radio 4
Today Programme
The US government has announced measures to shore up the nation's two largest mortgage finance companies. Business editor Robert Peston and LSE director Howard Davies discuss the implications.
http://news.bbc.co.uk/today/hi/default.stm 8.16am

Sunday 13 July

Sunday Herald, Australia
London no longer calling; the big picture
With the British economy lurching towards recession, Australians living and working in Britain are increasingly finding reasons to return home, where they can ride out the global economic storm, and enjoy a dose of Vitamin D without forking out for a flight to the Costa del Sol. ‘We're seeing what I call the boomerang effect,’ says Paul Gollan, associate fellow at the London School of Economics, and an associate professor in the department of business at Macquarie University.
‘Over the last decade or so, Australians in accountancy, consultancy and banking have come to London for opportunity and experience. Now they are re-assessing their position.’
(Source: Lexis)

Indian Express
Liberation Day
Article by Professor Lord Desai, emeritus professor of economics at LSE.
http://www.indianexpress.com/story/334816.html

Saturday 12 July

Guardian
Ten tactics to brighten the gloom
The economic forecasts are grim. How can Gordon Brown and Alistair Darling minimise the misery? Over to the experts:
Quit shillyshallying
Stop saying: ‘Britain is uniquely well placed to weather the storm.’ We are not. We have had a bigger house-price boom than the US, the financial sector (which is hardest hit) is a larger share of the economy here, and we have a poor fiscal position. The last is the government's fault. The main thing the government can do, apart from saying sorry, is to avoid making things worse. Constant changes of mind on tax policy give the impression of drift and confusion, which damages confidence further. A severe slowdown is inevitable, sadly. We shall have to live through it.
Howard Davies is director of the London School of Economics and Political Science
http://www.guardian.co.uk/politics/2008/jul/12/economy.economics

Scotsman
Obamamania strikes Europe
The Barack Obama presidential road show is preparing to roll into Europe this week with the continent's political leaders lining up to bask in the glow of the charismatic Democratic candidate. ‘Obama has charisma and glamour in spades and they don't so they will be very keen to be photographed with him,’ said Michael Cox, professor of international relations at the London School of Economics. ‘We are experiencing Obamamania in Europe.’
http://news.scotsman.com/world/Obamamania-strikes-Europe.4283326.jp

Late-edition headlines

One Stop Click
Accessing internet on mobiles 'will be essential'
Recent research from ICM Research, the London School of Economics and Vodafone found 45 per cent of people with mobiles access the internet each day on their phone.
http://www.onestopclick.com/news/Accessing-internet-on-mobiles-'will-be-essential'
_18680229.html

Guardian
New iPhone 3G goes on sale
Around 150 people lined up outside the Apple store on London's Regent Street for the chance to get their hands on the new gadget. First in the queue was David Suen, a 27-year-old student at the London School of Economics, who said he had bought his place in the line for ‘less than £50’ from a man who had arrived at 11am yesterday. ‘I've been waiting for this since the last iPhone because of 3G,’ he said. ‘It's very exciting.’
http://www.guardian.co.uk/technology/2008/jul/11/iphone.3g
Also in
• Sky News, Daily Telegraph

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