Around The Net In Ten Posts – Thursday June 7, 2012

Here is what I am reading: Yellen Gives a Green Light (Tim Duy’s Fed Watch) Spain calls for new tax pact to save euro (The Guardian) Time for another look at portfolio protection (MarketWatch) Merkel Lowers Expectations for Quick Euro Fix (Spiegel Online) Some Questions to Ask Mr. Dimon (NYT DealBook) The Eurozone’s Architects Have…

China Cuts Key Lending Rate to Bolster Economy

For the first time since November 2008, the People’s Bank of China has cut the key lending rate by 25 basis points. “The changes indicate mounting concern in Beijing over slowdown of growth,” said Credit Agricole CIB economist Dariusz Kowalczyk in a report. Like other emerging economies, the Chinese economy is also feeling a drag and…