Econ 101: June 25, 2012

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • On Saturday this week, the current round of transportation infrastructure funding and the current low interest rate on federal student loans will both expire. [Politico]
  • Spain today formally requested help recapitalizing its banks from other Euro zone countries. [Financial Times]
  • European leaders will meet at a summit this week, in another attempt to solve the continent’s fiscal woes. [New York Times]
  • China is looking less likely to achieve its 2012 growth target. [Reuters]
  • Business groups are expecting Congress to approve a new trade bill with Russia. [The Hill]
  • The Australian dollar may be becoming a safe haven currency. [CNBC]
  • Most states are struggling to reach federal goals for education of English-language learners. [Education Week]