Econ 101: October 9, 2012

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • The International Monetary Fund downgraded its estimates for this year’s global economic growth. [Washington Post]
  • Half of Wall Street employees expect a bigger bonus this year than they received last year. [Bloomberg]
  • High gas prices prompted Gov. Jerry Brown (D-CA) to relax some of his state’s smog regulations. [Bloomberg]
  • International lenders are considering giving Greece two more years to comply with the terms of its bailout. [Reuters]
  • A congressional report released yesterday recommended that two Chinese telecom companies be barred from doing business in the U.S. due to national security. [The Hill]
  • The number of people worldwide who don’t get enough to eat has been steadily declining for two decades. [Associated Press]
  • Iraq’s oil output is likely to more than double over the next decade. [Financial Times]