Bank of England faces calls for full review of handling of financial crisis

The Bank of England is facing calls to publish a full account of how it handled the financial crisis after the Treasury admitted it had made mistakes when the UK's banking system was on the brink of collapse.

World Bank race: Nigerian finance minister warns emerging economies will "lose interest" if voice not heard

Ngozi Okonjo-Iweala, the Nigerian finance minister who wants to run the World Bank, has warned that emerging economies will lose interest in multi-lateral institutions if they are not given more of a voice at the top of them.

Arab economy ministers meet before Baghdad summit

Arab economy ministers opened talks in the Iraqi capital on Tuesday ahead of a regional summit, aiming to ramp up tourism in the region despite the bloody crackdown in Syria.

German Economy To Remain Resilient This Year: IHS Global Insight

(RTTNews.com) - Germany's better-than-expected improvement in business confidence, as the Ifo survey for March showed, indicates that the economy remains resilient to threats from the deepening Eurozone debt crisis and surging oil prices, Timo Klein, senior German economist at IHS Global Insight, said in a note Monday.

Eurozone debt crisis: how Greece could exit the euro

As global companies draw up contingency plans for a Greek exit from the euro, we examine the feasibility of Athens’ departure – from new drachmas to illegality and €1 trillion costs.It’s a tradition of Greek theatre that the real action takes place off-stage. Much the same might be said of the euro drama.

George Osborne gets bolder with each Budget – but it’s still not enough

Luckily for George Osborne, not many people have noticed the heckler that he has created to pass comment on his budgets.

Gold edges up on dollar; physical demand sluggish

SINGAPORE (Reuters) - Gold prices edged higher on Wednesday after dropping nearly 1 percent in the previous session, as a slightly weaker dollar came to the aid of buyers, while sluggish physical demand and an improving U.S. economic outlook capped gains.

Mexico says G20 to look at smoothing capital flows

(Reuters) - Mexico will include possible steps to blunt the impact of sharp capital flows on the Group of 20's policy agenda after discussions with Latin American neighbors, Finance Minister Jose Antonio Meade said on Sunday.

UK is the ‘most internet-based major economy’

The internet contributes to 8.3% of the UK economy, a bigger share than for any of the other G20 major countries, a new study suggests.

Canadian Internet economy lags G20 peers, online shopping a drag: study

TORONTO - Canada's Internet economy is expected to grow by 7.4 per cent a year through 2016, better than the country's overall GDP but still lagging many global peers, according to a new study commissioned by Google.

Inflation, markets to decide ECB crisis exit, says ECB policymaker Ewald Nowotny

VIENNA: Stable prices and functioning financial markets are the keys to the European Central Bank eventually launching a gradual exit from crisis-fighting mode and it has many tools it can use to carry out the process, policymaker Ewald Nowotny said on Thursday.

Swiss govt ups growth f'cast ahead of SNB meet

ZURICH (Reuters) - The Swiss government raised its 2012 growth forecast a touch on Thursday, saying with the euro zone's debt crisis easing there was a good chance the economy had put the worst behind it.

G20 GDP growth slowed in Q4 to 0.7 per cent, says OECD

PARIS: Gross domestic product growth in the Group of 20 economic powers slowed in the final three months of 2012 to 0.7 percent from 0.9 percent in the previous quarter, the Organisation for Economic Cooperation and Development said on Wednesday.

Biggest G-20 Current-Account Deficit Stalls Rally in Bonds: Turkey Credit

The biggest bond rally in emerging markets may be derailed by Turkey’s current-account deficit, the largest among the Group of 20 countries.

Greece and Spain top agenda at Eurogroup meeting

Finance ministers from eurozone nations are to meet on Monday to discuss giving Greece's second bailout final approval.

China records huge February trade deficit

China swung into a huge trade deficit of $31.48 billion in February, according to the latest customs data, as the West's economic troubles hit the world's second-largest economy.

Portugal's economy shrank 1.6 percent in 2011

LISBON, Portugal (AP) — Portugal's economy shrank 1.6 percent last year as austerity measures adopted in return for a euro78 billion ($103 billion) bailout took their toll, the national statistics agency said Friday.

Airbus says China blocking orders worth $12 billion over EU scheme

China is blocking orders for at least $12 billion worth of Airbus jets to protest the European Union's emissions trading fees, in a new challenge to the program aimed at fighting global warming, the planemaker said Thursday.

Forbes tally grows to 1,226 billionaires globally

NEW YORK (AP) — One made the list on the strength of girdle sales, another powered by electric sports cars. Still others lost billions or fell off the list altogether thanks to the weak global economy and the gyrations of financial markets.

UK jobs market shows spring shoots

There were glimmers of a spring revival in the UK jobs market on Wednesday with permanent job placements clocking up the fastest growth for almost a year and vacancies also rising, according to a survey.

Third rescue plan for Greece likely in 2015: Spiegel

BERLIN: Greece might need a third international rescue package worth 50 billion euros ($66 billion) in 2015, the German weekly magazine Spiegel said on Sunday.

Europe's Bond Sales Mark ECB Success Story

LONDON—Buyers lined up for auctions of government debt Thursday, helping drive down borrowing costs for countries across the euro zone and providing strong evidence that the wave of cash injected into lenders by the European Central Bank is finding its way to stressed governments.

Britain's 'voice was heard' at EU summit, says David Cameron

Mr Cameron declared himself frustrated yesterday that the priorities of a group of 12 EU states, including the UK, had been ignored in the draft communique for the European Council summit in Brussels, in favour of proposals from France and Germany.

Treasurys rise on signs of slowdown in Europe

Traders bid up U.S. Treasury debt Friday after economic data from Europe stirred fears of a global slowdown and boosted demand for the ultra-safe investments.

Greece secures provisional approval for new bailout

BRUSSELS (Reuters) - Greece has taken all the legal action needed to secure a second bailout from the euro zone countries, Eurogroup President Jean-Claude Juncker said on Thursday, opening the door to the first tranche to be paid out by March 20 if more conditions are met.

Bernanke Quells Talk of Fresh Fed Stimulus

Federal Reserve Chairman Ben S. Bernanke said elevated unemployment and subdued inflation mean interest rates are likely to stay low, without offering any sign that the economy needs an additional monetary boost.