Spain’s Bright Shining Hope; Amid the Worst Despair Ever Known



If where you live has been hit hard by the recessive economy, just think about people in Spain for a spell. People there are preparing for yet another recession as six million Spaniards sit out of work with not even a ray of hope in sight. Accordingly, the property market in Spain is absolutely saturated with supply, and little or no demand.

ECB Decision or Non-decision: On the Economic World’s Mind Now [Live Video Update]



Live update: Watch a press conference with ECB President Mario Draghi now. At midday, Reuters reports EU and global stocks edging up in anticipation of an upcoming ECB Meeting. In about an hour the bank is expected to announce several key decisions impacting other world markets.

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