Global Poll Predicts U.S. Economy Rebounding

The U.S. receives its highest rating from international investors in more than two years on new optimism that the world’s largest economy will weather the financial crisis in Europe and avoid a recession in 2012, according to a Bloomberg poll.

G-20 plans $600 bln IMF fund for Europe: Nikkei

SAN FRANCISCO (MarketWatch) -- The Group of 20 Finance Ministers and Central Bank Governors is planning a $600 billion fund for the International Monetary Fund to deal with the European debt crisis, according to Nikkei.com in a Thursday-dated online report.

Downing St insists there will be no EU referendum despite Iain Duncan Smith's demands

Downing Street has rejected Iain Duncan Smith’s suggestion of a European Union referendum, insisting the Government is under no obligation to hold a public vote on Franco-German moves to create a “fiscal union”.

Trade data to hint at U.S. economic difficulties

WASHINGTON (MarketWatch) — After a week of key employment and manufacturing-sector data, Wall Street can be forgiven for directing their focus away from the economic reports that come out of the Capitol this week and toward Europe ahead of key meetings there.

China Signals Reluctance to Rescue E.U.

HONG KONG — The Chinese government over the weekend sought to tamp down international expectations that Beijing might use its large financial reserves to help ease the European debt crisis.

Italians hope new government can save their nation

ROME – Even in a country where an inept, unstable and bickering government is nothing new, Italians say they are nervous about the future."What will be next if the Italian economy goes bankrupt?" asked Giacomo Levy, a 33-year-old psychologist. "It's something hard to imagine. People or business can go bankrupt. But the government?"

Markets still buoyed by euro rescue hopes

LONDON (AP) — Markets were boosted again on Tuesday by hopes that the 17 countries that use the euro will finally come up with a plan to deal with their crushing debt crisis, but the surprise announcement that American Airlines and its parent company are filing for bankruptcy protection checked the buying momentum.