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Credit Contraction Exceeds 6% in Spain, Highest Ever in Crisis According to prime minister Mariano Rajoy, Spain has been on the verge of recovery for two years. Rajoy has also promised to bring Spain’s budget deficit to 3% of GDP for two straight years. And EU has extended the timeline for Spain to hit that goal from 2012 to 2013 to 2014 to 2015 and now to 2016.
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See more here: Mamufacturing ISM Rebounds Slightly but Employment Drops; ISM at a Glance
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Read More: China Acts to Calm Markets; Stock Market Rebounds From 6% Plunge After Central Bank Pledges More Liquidity; Wet…
See the article here: 10-Year Treasury Yield Up 100 Basis Points Since May; What’s That Mean for Mortgage Rates and…
Please consider Bank of China, Bank of suspension of transfers morning counters were unable to apply for online banking WASHINGTON (correspondent with Xuan) Following the ICBC, the Bank of China also go awry again.
Original post: Million Engineers Struggling to Find a Job
Fairy Tale Investing: "Believing in Bernanke is like believing in Father Christmas" Posted by Michael Shedlock at 1:30 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s).