Quick Overview

• Orange juice futures went limit up for a second day after a warning by food watchdogs of finding Carbendazimin in imports from Brazil. This is compounded by supply fears provoked by cold weather in Florida.

• (FT)The central banks of Greece, Spain, Portugal and Italy between them hold 3,200 tonnes of gold

• U.S. Insurance companies spent millions of dollars trying to defeat the U.S. health care overhaul, saying it would raise costs and disrupt coverage. Instead, profit margins at the companies widened to levels not seen since before the recession, a Bloomberg Government study shows.

• The U.S. should declare a moratorium on hydraulic fracturing for natural gas in populated areas until the health effects are better understood, doctors said.

• France's industrial production rose by 1.1 percent in November.

• China's online gaming market raked in $6.79 billion in 2011, up 32.4% YoY.

• (Bloomberg) Rubber plantations from Indonesia to Ivory Coast will tap a global crop this year that will create the biggest glut since at least 2004, cutting costs for Bridgestone Corp., Michelin & Cie. and other tire makers.

• Chinas December copper imports rose 47.7% YoY.

• (Reuters) - Organized crime has tightened its grip on the Italian economy during the economic crisis, making the Mafia the country's biggest "bank" and squeezing the life out of thousands of small firms, according to a report on Tuesday.