Updates: OPEC Oil Forecasts, El-Erian on Sovereign Debt, China Inflation Higher, Argentine Soy Producer US IPO, Foreclosures Down 2% From January, Miami-Dade Hospital System Needs $67M Advance From County

Distressed Volatility Global News of News Wire for 3/10/2010  
OPEC Raises Forecast for Oil Demand on Lower NGL Estimate (BusinessWeek)
OPEC, EIA lift demand views, but U.S. data still seen bearish (MarketWatch)
"Opec Warns Members to Reign in Production as Next Meeting Looms" (EnergyIntelligence)
Front running China Mobile's 20% acquisition of Shanghai Pudong? (BusinessInsider)
Foreclosures saw 2% decline from January -RealtyTrac (ZeroHedge)
Pimco’s El-Erian Says Public Finance Shock May Deepen (Bloomberg)
Opinion: How to handle sovereign debt explosion -El-Erian (FinancialTimes) h/t @Zerohedge
Senate passes $149 billion for jobless aid, tax breaks (Reuters)
Big Miami-Dade hospital system nears insolvency, needs $67M advance from County (AP)
China inflation at 16-month high, consumer prices up 2.7% on year (Reuters)
China Tightens Land Purchase Rules, Bans Villas (Bloomberg)
Hedge Fund-Backed Argentine Soy Producer Tejar Weighs U.S. IPO (BusinessWeek) h/t @SoybeanWatch
Citi, AIG, leap with other bailed-out firms (Reuters)
Wholesale inventories drop 0.2 pct in January while sales advance for 10th month (AP)
REGIONAL AND STATE EMPLOYMENT AND UNEMPLOYMENT — JANUARY 2010 (BLS.gov) h/t @GregorMacdonald

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