Tag: china

German Constitutional Court to Rule Whether ECB Actions Violate German Law; Irrelevant Arguments and Outright Lies; Dangerous Games
June 11, 2013 0

German Constitutional Court to Rule Whether ECB Actions Violate German Law; Irrelevant Arguments and Outright Lies; Dangerous Games

By News Desk

The German Constitutional Court in Karlsruhe, heard arguments on Tuesday on whether ECB measures to contain the eurozone crisis violate German law. The court does not have the power to block the ECB, but it does have the power to restrict German participation in various funding schemes. The New York Times dramatically states German Court Debates Fate of Euro

Chinese Economy Grows at Slowest Pace in 13 Years; What’s Next for China?
June 10, 2013 0

Chinese Economy Grows at Slowest Pace in 13 Years; What’s Next for China?

By News Desk

Inquiring minds note the growth slowdown in China: China’s economy stumbles in May, growth seen sliding in Q2 . China’s economy grew at its slowest pace for 13 years in 2012 and so far this year economic data has surprised on the downside, bringing warnings from some analysts that the country could miss its growth target of 7.5 percent for this year. “Growth remains unconvincing and the momentum seems to have lost pace in May,” Louis Kuijs, an economist at RBS, said in a note