After a quiet-ish few months, Euro panic came back in a big way on Tuesday. Spanish stocks hit a three-year low. Spain’s bond yields crept back up above 6 percent. It wasn’t any better in Italy, whose stocks fell 5 percent. That’s a lot of bad news on a day with seemingly no new news. … Continue reading
China Daily: The most important task facing China’s economy in 2012 is to improve the quality of economic growth, including energy conservation, emissions reduction, and industry restructuring, said renowned economist Li Yining, a member of the Chinese People’s Political Consultative Conference, at a panel discussion of economic experts on Tuesday. The 2011 Central Economic Work Conference, … Continue reading