Economy

   

*To save Euro-ECB thinks the unthinkable

*$3 billion damages against BP by Siberian court awards

*Greece is off track, Spain feel debt heat, Italy in line.

*It may be "Last Chance" Option to Greese

*Unemployment rate of Spain is 24.6%, A Record High

*Cure is worse than the disease-Global Economy

*JPMorgan pay $100 million to credit card customers

*Rich exploit legal loopholes in the global economy.

*Dow taking cue from strong sell-off in Europe

*Kim Jong-un has set up an "economic reform group"

*Weak Anti Money Laundering controls- US Senate slams    HSBC

*June Trade Deficit drop

*Pranab on new GAAR panal

*Now CAG audit KG-6

*India and Pakistan focussed to trade in petroleum products

*JPMorgan trading loss to $5.8bn

*China’s growth 7.6% a three year low

*May Industrial output 2.4%

*Vodafone plea dismissed by FinMin

*Borrowing cost of Spain hits bailout danger zone

*High Inflation and Low Growth is a problem for RBI