China Urged to Weigh 2008-Style Mega Stimulus by Ex-PBOC Adviser

China should let investment play a larger role in boosting the economy, a former central bank adviser said, breaking with the views of other prominent analysts by arguing in favor of a big infrastructure construction push.

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Iran Threatens New Targets; US Works to Tame Oil Prices

Earlier on Thursday, Mojtaba Khamenei said the Islamic Republic would seek to ensure the Strait of Hormuz …