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Economy - International

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Reuters

"As long as Portugal maintains its level of fulfillment, we know that we will have the support of our external partners. If we do not, we put at risk our fulfillment, and these guarantee mechanisms will cease to exist," he said.

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http://www.reuters.com, By Andy Bruce

Aggressive new policy from the European Central Bank has so far failed to boost ailing euro zone business, according to surveys that showed a widening chasm between sickly France and a more resilient Germany.

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By Ambrose Evans-Pritchard

A senior advisor to the Chinese government has called for an attack on the Japanese bond market to precipitate a funding crisis and bring the country to its knees, unless Tokyo reverses its decision to nationalise the disputed Senkaku/Diaoyu islands

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http://www.zerohedge.com, by Tyler Durden

Whether it is earnings hockey-sticks, global growth ramps, or fiscal cliff resolutions, it seems the market can only see the silver-lining. We temper that extreme bullish view with the fact that all the monetary policy good news has to be out now - f

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