links for 2010-02-23

The township of Huaxi in the Yangtze River Delta is a proud symbol of how Chinese communists embraced capitalism to lift 300 million people out of poverty during the past three decades.

Derivative traders are signaling that the euro’s slump to a nine-month low will continue even if European Union leaders bail out Greece.

Goldman Sachs Group Inc. did “nothing inappropriate” when it arranged currency swaps for Greece that reduced the nation’s national debt by 2.37 billion euros ($3.2 billion), a top executive said.

The bill would define “renewable” to include nuclear power (despite the fact that nuclear plants need to be refueled periodically). That change would end what many experts consider the most effective incentive for installing solar and wind generation: the Renewable Energy Standard (RES).

Asked what has surprised her about her new job, she mentions the flood of attention when she was promoted. Her elevation marked two milestones: the first time an African-American woman was named C.E.O. of a major American corporation, and the first time a woman succeeded another woman in the top job at a company of this size. She tells the group that she briefly enjoyed the spotlight but grew to like it significantly less.