International Herald Tribune, France
Overseas investors take hard look at U.S. mortgage giants
Fannie and Freddie's fast growth and quasi-government status have attracted critics outside the United States before. ‘Overseas regulators have long had concerns’ about the two agencies, said Howard Davies, the former chairman of Britain's market regulator, the Financial Services Authority, and current director of the London School of Economics and Political Science. ‘They are huge institutions whose failure could affect global markets,’ he said, but they had no oversight from a credible international regulator. Also, he said, ‘the government backing for them was unclear.’
http://www.iht.com/articles/2008/07/20/business/credit.php

Deccan Herald
LSE honours Y V Reddy
The Reserve Bank of India (RBI) Governor Y V Reddy has been conferred with the honorary fellowship of the London School of Economics and Political Science (LSE). Mr Reddy became the 21st Governor of the RBI on September 6, 2003, also had served a 6 year tenure with the RBI as its Deputy Governor.
http://www.deccanherald.com/Content/Jul212008/business2008072079974.asp

News Track
Y.V. Reddy receives Honorary Fellowship by London School
Y.V. Reddy, the governor of Reserve Bank of India has been awarded an honorary fellowship by The London School of Economics and Political Science (LSE) for his sincere contribution in the field of upgrading the underprivileged.
http://www.newstrackindia.com/newsdetails/7640

Sunday 20 July

Observer
Jobs are key to stable family life, say Tories
His [shadow cabinet minister David Willetts] intervention came as research from the London School of Economics published yesterday suggested that official estimates that around 7 per cent of 16- to 18-year-olds are Neets could be an underestimate, with the real figure closer to 18 per cent.
http://www.guardian.co.uk/politics/2008/jul/20/conservatives.workandcareers

PA
Vow to create 100,000 apprentices
Almost 100,000 new places for apprentices would be created under a Conservative government, the party's skills secretary David Willetts has said. The proposal comes a day after a study by the London School of Economics suggested that the number of "Neets" - 16 and 17-year-olds not in education, employment or training - was almost 18% in England, more than double the Government's figure of 7%.
http://ukpress.google.com/article/ALeqM5gbNjaVIz6OHxHkG2zDxZRVTC-1lg

Independent on Sunday
One in six 16 to 17-year-olds has nothing to do, says LSE report
The number of mid-teens with nothing to do may be more than double the official level, researchers claimed yesterday. A survey of those aged 16 or 17 found almost 18 per cent are "Neets" - not in employment, education or training. The figures were compiled by the London School of Economics, and contrast with the Government's 7 per cent figure.
(Source: Lexis)
Also in
• Sunday Mercury
Teens doing nothing at all
(Source: Lexis)
• Sunday Times
• Thindian News
Teen troubles target Britain
http://www.thaindian.com/newsportal/uncategorized/teen-troubles-target
-britain_10073708.html
• Red Orbit
'Neet ' Count Soars
http://www.redorbit.com/news/health/1487206/neet__count_soars/ind
ex.html?source=r_health

New Straits Times, Malaysia
Petronas has to husband resources
Malaysia's economy is one of the most open and dependent on trade. What happens in the rest of the world affects Malaysia's economy. It is important, therefore, to build strong domestic defences to cushion the impact of the adverse external environment on the local economy and the people, especially the poor. Thus, the higher revenue earned by Petronas should not be wasted on direct subsidies which, according to Professor Danny Quah of the London School of Economics, had reached a ‘tipping point’. The government, he added, must be pragmatic in dealing with the oil revenue. These must be prudently managed to provide the ‘biggest bang for the buck’.
http://www.nst.com.my/Current_News/NST/Sunday/Columns/2298302/Article/index_html

News Wire Release
President Bush and the Fat Lady!
Professor Tim Congdon from the London School of Economics said the United Kingdom was ‘lurching from boom to bust,’ and ‘it is going to get worse.’
http://www.expertclick.com/NewsReleaseWire/default.cfm?Action=ReleaseDetail&ID=22336

Saturday 19 July

BBC News Online
18% of 16-to-17s 'doing nothing'
Nearly one in five UK 16 and 17-year-olds are Neets - those neither in employment, education or training - a study seen by the BBC suggests. Official figures say such youths make up 7% of their age group in England. But research by the London School of Economics (LSE) says 18% across the UK spend most of their time doing nothing.
http://news.bbc.co.uk/1/hi/uk/7515042.stm
Also in
• PA
Survey highlights number of 'Neets'
http://ukpress.google.com/article/ALeqM5jS_fJEgiNwZ8ATQoD8Adz3MhiNBQ
• In the news
One in five 16-year-olds have 'no education or training'
http://www.inthenews.co.uk/news/education/education/one-in-five-16-year-olds
-have-no-education-or-training-$1232473.htm
This story was picked up by a number of local, regional, national and international papers.

Economist
A soluble problem
There could be plenty of money to be made in supplying water. However, more efficient use of the stuff depends on pricing it properly. Mark Zeitoun, a researcher at the London School of Economics, suggests that agriculture is responsible for the greatest waste of water, largely because of government subsidies.
http://www.economist.com/world/international/displaystory.cfm?story_id=11751887

Late-edition headlines

US News
Knife-crime spree sweeps Britain, leaving victims and fear in its wake
The government's plans include more visible police patrols during after-school hours, giving police more stop-and-search powers, urging some local councils to enact curfews, and a $6 million ad campaign. Anyone caught carrying a knife, Brown says, could face imprisonment or community service. David Cameron, leader of the Conservative Party, has called for knife possession to result in a mandatory prison sentence. ‘They're trying to out-tough each other on crime policy,’ says Tim Newburn, a criminologist at the London School of Economics. ‘The political atmosphere is pretty febrile.’
http://www.usnews.com/articles/news/world/2008/07/18/knife-crime-spree-sweeps
-britain-leaving-victims-and-fear-in-its-wake.html?PageNr=1

Politico
Do we want Fannie public or private?
But when the going gets tough, we need Fannie Mae and Freddie Mac to keep the credit flowing to homeowners even if it means putting taxpayer resources on the line. Willem Buiter at the London School of Economics has called this ambivalence “the most deceitful socialism I know.” And he may have a point.
http://www.politico.com/news/stories/0708/11830.html

Pocket Link
1 in 10 kids having sex chats online
The annual Mobile Life report, which was commissioned by the Carphone Warehouse and the London School of Economics, says that 11 per cent of children aged 11 to 18 have had sexually explicit conversations online.
http://www.pocket-lint.co.uk/news/news.phtml/16232/17256/10-UK-kids-sex-online.phtml

The Hindu
LSE awards honorary fellowship to RBI Governor
RBI Governor Y.V. Reddy, has been awarded an honorary fellowship by the prestigious London School of Economics and Political Science for his contribution to the cause of the under-privileged.
http://www.hindu.com/thehindu/holnus/001200807181971.htm
http://www.hindu.com/2008/07/19/stories/2008071954921300.htm

LSE people on TV/Radio

BBC Radio 4
Today Programme (19 July)
Economists from LSE looked at the number of 16-17 year olds who were NEETS.
http://news.bbc.co.uk/today/hi/today/newsid_7515000/7515137.stm

Channel 4 News
Professor Willem Buiter, chair in European political economy at LSE’s European Institute, spoke on public sector borrowing on Friday 18 July’s programme.
http://www.channel4.com/news/

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