Gold Ticks up Above $1,240 as Economy Worries Linger

Lagarde Saving Europe Proves Being First Isn’t What’s Electable (Unusual bi-partisan positive sentiment over the french finance minister)

“It’s been great luck for France -- and for Europe -- to have her in that job right now,” says Jean-Pierre Balligand, a Socialist lawmaker who sits on the Finance Committee of the National Assembly. “In a crisis, Europe is isolated, and she has proved able to overcome that. It’s because she doesn’t have that immodest side that the French sometimes have, the idea that we know better.”