Requiem to a Reset: Why Putin’s Russia Distrusts America

SOFIA — The meeting of U.S. President Barack Obama and his Russian counterpart Vladimir Putin at the G-20 summit in Mexico only underscored the chill in relations between Moscow and Washington.

Euro: EU seeks new joint strategy

EU leaders look set to agree on a growth package for the struggling eurozone but Italy and Spain want quick action to lower their borrowing costs.

Debt crisis: France must find €10bn of savings

France must find up to €10bn (£8bn) of savings to bring its budget deficit under control this year, finance minister Pierre Moscovici has said.

Bank of England's money printing is putting UK economy at risk

The Bank of England may be putting the economy at risk by persisting with low interest rates and money printing, according to the world's central banking supervisor.

Spain formally asks for bank aid

NEW YORK (CNNMoney) -- The Spanish government made a formal request to the Eurogroup on Monday for loans to bailout its troubled banking sector.

World presses EU summit for lasting euro remedy

Europe's leaders gather for a mother-of-all-summits this week under intense global pressure to head off a potentially catastrophic economic collapse.

Activists slam Rio+20 sustainable development summit as a 'hoax'

(CNN) -- As delegates ended the three-day Rio+20 summit with a 53-page statement called "The Future We Want," activists slammed the U.N. conference on sustainable development as a "failure of epic proportions."

Eurozone four leaders agree economic growth package

Leaders of the eurozone's four biggest nations have agreed in principle to measures to boost growth equal to 1% of the currency area's economic output.

Developing countries to the rescue at G-20 summit

LOS CABOS (MEXICO): The scene at the just-concluded Group of 20 summit held in this seaside resort would have been unthinkable a decade ago: Hundreds of dignitaries gathered in opulent Mexican hotels and convention halls to hammer out an economic bailout for Europe.

At G-20 summit in Mexico, Europe crises dominate talks

LOS CABOS, Mexico — Relief over the pro-euro currency vote in the Greek elections quickly faded Monday amid signs of persistent troubles for the Eurozone, as world leaders grappled with the grim reality that Europe's debt and political crises are far from over.

G20 summit: Greece must 'get on with it' or face dangerous consequences, warns David Cameron

Speaking on board the plane taking him to the G20 summit in Mexico, the Prime Minister said that if Greece “wants to stay in the eurozone” then the country’s politicians “have got to get on with it”.

China president urges G20 members to stick together

BEIJING (Reuters) - Chinese President Hu Jintao has urged members of the Group of 20 (G20) to stick together and address Europe's debt crisis in a "constructive and cooperative" way to boost market confidence, state news agency Xinhua reported on Sunday.

Barack Obama, world want bold signs from Europe at G-20

CHICAGO: President Barack Obama is searching for bolder, swifter signals from Europe that it will contain its financial mess and keep it from torpedoing the US economy and his re-election chances along with it.

Canada's Flaherty: G20 must keep pressure on euro zone

OTTAWA (Reuters) - The United States and other non-European members of the Group of 20 leading economies should keep up pressure on Europe to deal with its debt crisis, Canadian Finance Minister Jim Flaherty said on Thursday.

Germany says G20 should look beyond euro zone

BERLIN (Reuters) - Group of 20 leaders meeting in Mexico next week to discuss the state of the global economy should not focus exclusively on problems in the euro zone but also talk about the strained U.S. budget and Chinese currency, German officials said on Tuesday.

Merkel faces tough sell at home over Spanish aid

BERLIN (Reuters) - Angela Merkel's government was forced to defend an EU rescue for Spain's indebted banks on Monday, with many Germans convinced their generosity is being abused and skeptics warning that promising aid without tough conditions sets a risky precedent.

EU's Spain bank rescue may bring only brief respite

PARIS: Euro zone finance ministers rushed Spain into an EU-funded rescue for its debt-stricken banks to pre-empt the threat of a bank run if Greece's debt crisis flares again but any respite for Madrid and the euro may be short-lived.

George Osborne hints at British referendum on Europe

George Osborne has hinted at a British referendum on Europe, saying any "reshaped" UK relationship with EU would have to be put to British voters for approval.

IMF to put Spanish bailout bill at 40-80 billion euros: Report

MADRID: An IMF report on Spanish banks to be released on Monday would estimate the cost of refinancing them at between 40 and 80 billion euros ($50-100 billion), Spanish newspaper ABC said Thursday.

European Central Bank Leaves Rate Unchanged at 1 Percent

FRANKFURT — The European Central Bank left its main interest rate unchanged Wednesday, choosing to put the onus on political leaders to address an increasingly dangerous level of tension in the euro zone.

US economic outlook worsens after jobs report

WASHINGTON: The faltering US job market has prompted economists to take a much dimmer view of the country's growth prospects.

G7 to hold emergency euro zone talks, Spain top concern

TORONTO/BERLIN (Reuters) - Finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global alarm about strains in the 17-nation European currency area.

Regulators take more time over money market reform

LONDON (Reuters) - Global regulators will take more time over tightening rules for money market mutual funds after one of the world's top industry players said their proposals needed refining.

Dire jobs data deal blow to Obama reelection hopes

WASHINGTON: Dire new unemployment data and a rise in the jobless rate dented Barack Obama's reelection hopes Friday and boosted his foe Mitt Romney who brands the president a failure who cannot create jobs.

Irish Vote on Fiscal Pact

DUBLIN—Irish voters deliver their verdict Thursday on a European Union treaty designed to bring financial stability to the euro zone by binding countries to tougher rules on balancing their budgets.

Global regulators plan margin rules soon for uncleared derivatives

(Reuters) - Global regulators said on Wednesday they will issue proposals in coming weeks on rules to encourage banks to put derivative trades through a central clearing house, but they won't be ready for the G20 summit in June.