Wednesday round up: WTO's Lamy notes exchange rate instability; The NY Sun notes the dollar's impact on oil; Goodman on the Fed's purchase of US debt.

Business Week reports WTO chief Pascal Lamy raising exchange rate instability as a problem for the world economy.

The NY Sun notes the low dollar’s impact on the high oil price.

On The Kudlow Report, Larry discusses the sluggish recovery and Mitt Romney’s economic plan:



South Africa’s City Press reports South Africa’s support for a measure to embrace the yuan over the dollar in emerging economies.

In The WSJ, Lawrence Goodman highlights the Fed’s purchase of 61% of US Treasury debt in 2011.

From First Trust, Brian Wesbury discounts the prospective 2013 fiscal cliff.

In The WSJ, Vin Weber joins Robert Rubin in defense of the Export-Import Bank.

At International Liberty, Dan Mitchell testifies on tax reform in the Senate:



USA Today reports states face difficulties passing tough illegal immigration laws.

In The NYT, Eduardo Porter cites the Laffer Curve while arguing for higher top tax rates.

At The Economist, RA urges Ben Bernanke to overshoot on inflation projections.