Morning News Thursday May 31st 2007
General News: - US Senators Durbin and Grassley are looking into possible abuse of the temporary workers program by Infosys and Wipro, which could lead to trade tensions. - India may open up its liquor market for distribution. - Financial Times ran a story reporting that the US Senate will introduce a bill that would allow the Treasury to intervene in the Forex markets to correct any misalignments. - Wall Street Journal says that the demand for summer hiring is strong. - Mutual Fund inflow numbers: International funds received $16.6 billion of the $18.3 billion invested in mutual funds. There…