Econ 101: November 27, 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.

  • Mobile phones make economies grow faster. [Quartz]
  • European finance ministers and the International Monetary Fund have struck a deal that will allow Greece to access its latest round of international aid. [New York Times]
  • The Organization for Economic Cooperation and Development cut its forecast for economic growth in the developed world. [Financial Times]
  • President Obama this week will publicly make his case for allowing tax increases on the wealthy. [Associated Press]
  • Europe will likely follow the U.S.’s lead and delay new bank capital rules. [Reuters]
  • Mary Schapiro is stepping down as Chair of the Securities and Exchange Commission; she’ll be replaced by SEC Commissioner Elisse Walter. [The Hill]
  • No, Powerball doesn’t boost the economy. [CNN Money]