A little more information on credit default swaps from my favorites financial blogger, Barry Ritholz.
Yet another self-immolation in an area of China populated by Tibetans–the 2nd this week and the 30th this year. It appears as if these protests are becoming more prominent, perhaps a sign that a movement is building.
Argentina has enlisted the support of other Latin American nations in its dispute with Great Britain over the Falklands/Malvinas islands. The ruling to support Argentina in the oil exploration dispute is probably not binding, but it will complicate the efforts to explore for oil. Oil companies will be reluctant to spend money in an ambiguous legal environment.
World Politics News 
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