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7/07/2012

US jobs data triggers share price slip

US shares have fallen after official data showed firms had created only 80,000 new jobs in June, leaving the jobless rate unchanged at 8.2%.

7/06/2012

Greece sees 'difficult years ahead' as EU-IMF talks begin

ATHENS: New Greek Finance Minister Yannis Stournaras warned on Thursday that the country's recovery was "off-track" and Greece faced "difficult years ahead" as sensitive talks with EU-IMF creditors began.

7/05/2012

The U.S. and Europe: Time to spur growth through trade

An important but little-noticed event took place at the June 18-19 G-20 Summit – President Obama and his European Union counterparts signaled the U.S. and EU may negotiate a comprehensive agreement to liberalize transatlantic trade and investment.

7/04/2012

Debt crisis: Finland threat to plans to unleash ESM

Finland, one of the eurozone’s few remaining AAA-rated economies, has pledged to block Brussels’ celebrated plans to allow its new bail-out fund to buy sovereign bonds in the market.

7/03/2012

Spain shrank further in second quarter, government to push reforms

NAVACERRADA, Spain (Reuters) - Spain's economy shrank further in the second quarter but looks set to stabilize over the rest of the year while the government continues to push structural reforms and budget austerity, Economy Minister Luis de Guindos said on Sunday.

7/02/2012

Lagarde assures Mursi IMF ready to help Egypt

WASHINGTON (Reuters) - International Monetary Fund Managing Director Christine Lagarde called Egyptian President-elect Mohamed Mursi to discuss the economic challenges facing Egypt and how the international lender can best help, a spokesperson for the IMF said on Friday.

7/01/2012

White House: encouraged by "progress" made by Europe

(Reuters) - The White House on Friday offered a cautious welcome to the promise of fresh action by euro zone leaders during overnight talks to tackle their simmering debt crisis, but emphasized that the region will require ongoing steps to resolve its problems.