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A bank clerk counts U.S. dollar banknotes on bundles of 100 Chinese yuan banknotes at a branch of a bank in Huaibei, Anhui province in this file photo dated April 26, 2012. REUTERS/Stringer


Opinion: What the World Economy Needs

Opinion: What the World Economy Needs

The global economy desperately needed some good news. That’s what it got in the latest U.S. jobs report. Ahead of today’s release of the U.S. employment report for July, the mood was decidedly gloomy, with economic activity slowing in most other advanced...