nytimes blog , Anthony Campanello, Denis Grilev, Jonas Juarez, Eric Schmidt

 

 

The common theme among all of our articles is money and the govt shutdown. “republicans back down, ending crisis over shutdown and debt limit” regards republicans abandoning their position and voting for Obama care to end the whole crisis. “Imagining the dollar without its privilege” is about the U.S. dollar and how the world might start looking towards a new unified world currency. “Seeking its own risk, China rails at U.S.” talks about how much China has to lose if the U.S. govt fully shuts down and if the U.S. can’t pay them back. “Viewing U.S. in Fear and Dismay” shows other countries views on the shutdown and the money issues globally. Referring to America as “arrogant” and the shutdown as a “tantrum”. “JP Morgan expected to admit fault in ‘London Whale’ trading loss” is about how JP Morgan lost $6B and how they are at risk of lawsuits because they didn’t warn their investors of the true risk. It states that the institution has $9B for legal fees and $7B to pay as a fine.

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