All the news you need to know, right after you needed to know it

Reuters - EZ agreement on Greek debt. Like Michael Hainsworth at BNN said, there already was an agreement last week and they simply had to get the paperwork in order.

Speaking of which, I had an interesting thought this morning about Greek repurchase of distressed debt and how it illustrates an interesting side-effect of the Euro currency structure - the death of neoliberal bond markets. I should post it sometime before Krugman activates the chip that steals my thoughts.

BI - Citi's outlook on commodities. It is actually the most uninformative article you could possibly write on the topic. It is truly worthless, and Citi has absolutely no insight into anything. But since the story is making the rounds, I may as well link to it.

Dealbook - The confusing outlook for China's growth. Written by the guy from the Sinocism blog. He's working it out, he just doesn't know yet, but thinks it is going to have to do with political reform in China, but not too much or else it'll destroy the communist party. I'll let him develop his thesis slowly given available evidence, the way you should if you're an empiricist.

Gawker - A horde of fans break into Lady Gaga's house for Thanksgiving, and she was naked. Two takeaways: 1, a Gaga photo where, far from being naked, she's actually dressed like Ambassador Kosh; and 2, she's in Peru and that Rogue Peruvian Blogger never even told us! I can no longer confidently invest in Peruvian juniors if my "source" can't keep me up to date on such important happenings as this.

Rude Pundit - Grover Norquist has nothing to fear. He's not just the one blogger in the universe more rude than me (now that Violent Acres is gone); he also puts forward an interestingly insightful analysis into the truth behind the Republican "offer" to negotiate.