Econ 101: September 4, 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 Democratic National Convention kicks off tonight in North Carolina. [Financial Times]
  • The U.S. is crafting a deal to provide $1 billion in debt relief to Egypt. [Wall Street Journal]
  • Spaniards withdrew a record $94 billion from their nation’s beleaguered banks in July. [New York Times]
  • European Union officials are proposing a plan that would require corporations to reserve 40 percent of non-executive board seats for women. [Financial Times]
  • China’s manufacturing sector continues to shrink. [CNN Money]
  • Lending to U.S. small businesses rose slightly in July. [Reuters]
  • U.S. companies are taking steps to prepare for a Greek exit from the euro zone. [New York Times]
  • Nearly 900 school districts expect to participate in the latest round of the Obama administration’s Race to the Top program. [Education Week]