Lunch Wrap

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On FT Alphaville this morning, - The yuan must be devalued http://ftalphaville.ft.com/blog/2009/01/23/51589/albert-edwards-lol-china/ - ... but the pound should not be: rebutting Jim Rogers http://ftalphaville.ft.com/blog/2009/01/23/51600/dear-mr-rogers/ - UK GDP suprises to the downside http://ftalphaville.ft.com/blog/2009/01/23/51591/uk-in-recession-official/ - John Thain: commode on legs http://ftalphaville.ft.com/blog/2009/01/23/51593/he-spent-what/ - Dr Doom in the UK - "banks are insolvent... but it's not Iceland" http://ftalphaville.ft.com/blog/2009/01/23/51588/dr-doom-on-the-uk/ On FT.com this morning, - Pfizer in talks for $60bn acquisition of Wyeth http://www.ft.com/cms/s/0/a8819d28-e92e-11dd-9535-0000779fd2ac.html - Quarter of final salary pensions face axe http://www.ft.com/cms/s/0/b62f34e0-e937-11dd-9535-0000779fd2ac.html - A-B InBev sells Tsingtao stake to Asahi http://www.ft.com/cms/s/0/f582cbfa-e93e-11dd-9535-0000779fd2ac.html - Sterling continues to tumble: EURGBP= 0.9442, $GBP= 1.3551 http://www.ft.com/cms/s/0/d7d9d91e-e933-11dd-9535-0000779fd2ac.html _____

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