The Wall Street Journal
WSJ is the largest U.S. newspaper by circulation, published in New York by the Dow Jones company, a unit of media group News Corporation – the second largest media conglomerate in the world, led by Rupert Murdoch.
Murdoch was this summer in the center of a major scandal – he has been accused of illegally allowed his companies to intercept telephone conversations of citizens. He is also investigated for corruption in the UK and by FBI in the U.S. WSJ Europe is different from European economic publications in particular on explaining the causes and significance of the U.S. budget deficit. The newspaper place the budget deficit on the account of the lack of growth abroad, while European publications, but also in Asia, insist on low savings rate and the high rate of loans in the U.S.
Financial Times
FT is the main competitor of WSJ on the media dedicated to the business market. The publication is owned by the British company Pearson, the largest publisher of books in the world.
In terms of editorials, the newspaper promotes free market and globalization. FT editors tend to be pro-European Union, however, they are quite persistent in criticizing the euro area and the common currency, an attitude which could be attributed to the British isolationism. Britain is part of the EU, but not of the euro area. During the 2008 U.S. presidential elections, the publication supported Barack Obama, the current president.
Bloomberg
Bloomberg is an American media and software company founded by the current New York mayor, Michael Bloomberg with the help of several politicians and Merrill Lynch.
Michael Bloomberg is of democratic political orientation.
He opposes setting a fixed date for withdrawing the U.S. troops from Iraq, supports government involvement in issues such as welfare and climate changes and advocates free trade.
Bloomberg insists that tax exemptions granted to companies will benefit the whole economy and is known for bringing the deficit budget of New York to surplus.
Reuters
Reuters is a global news agency based in London, owned since 2007 by U.S. group Thomson Corporation. Reuters employs or works with thousands of journalists. Of these, 11 have died in violence in Iraq, Sierra Leone, the Gaza Strip, Thailand and Chechnya. The agency is very strict in the language used in news, and it was criticized for avoiding the word “terrorist”.
The Thomson Corporation belongs to the Canadian company Woodbridge Company, the investment vehicle of Canadian-Briton family of Roy Thomson. He joined the American industrialist J. Paul Getty in a consortium which successfully explored for oil in the North Sea. Thomson died in 1976.