According to a chapter in this latest OECD Economic Outlook (in which it saw a risk of stagflation for the global recovery), 60% of the 260-odd recent examples of countries receiving large inflows of capital have ended in a sudden and destabilising way, and one in 10 have ended in either a currency crisis or a banking one (maybe both).

BBC: IMF follows the money in Brazil

Twelve Tennessee students were cited with underage drinking and one with disorderly conduct following the incident early Saturday at a Pi Kappa Alpha fraternity chapter house, according to a university spokeswoman.

CNN: Tennessee fraternity suspended after alcohol enemas

According to Chaiyuth Seneetantikul, of the local chapter of the Federation of Thai Industries, orders are down by only around 12% and redundancies have been minimal.

ECONOMIST: Migrant workers battered by the slump

Absent some regulatory relief Maxxam's timber business, according to the latest filings, may be forced to sell off operations and file for Chapter 11.

FORBES: Timber!

According to Mr Eyerman, he is acting in a way similar to how an independent judge would act in a Chapter 11 proceeding, giving Alstom short-term protection from creditors so that its managers can try to show that the firm is worth financing in the capital markets.

ECONOMIST: Going bust in Europe