The US, eurozone and China are the three largest economies on earth. Each has been hoping the other two would help pull the global economy out of its seemingly neverending malaise. Last week brought worrying signs, though, that while the eurozone’s woes are not easing, ongoing concerns about monetary union are now having an impact on alternative growth centres, too, imposing real damage on commercial activity in other parts of the globe. For most of the past year, of course, the eurozone has been on the verge of a full-blown economic collapse. Investor angst has further intensified in recent weeks, since inconclusive ... (full story)