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ECB Weidmann: Sovereign Default Must Be a Possibility

26/05/2013
European Central Bank Governing Council member Jens Weidmann Friday said it is important for sovereign defaults to be possible in the euro

U.S. durable goods orders point to factory resilience

26/05/2013
Orders for long-lasting U.S. manufactured goods rose more than expected in April, a hopeful sign that a sharp slowdown in factory output

China Outlines List of Overhauls to Speed Reforms

26/05/2013
China announced Friday a lengthy list of overhauls it wants to push ahead with this year, ranging from faster urbanization to controversial property

Eurozone Economic Activity Set To Stabilize In Near-Term: IHS Global Insight

26/05/2013
Eurozone's economic activity will likely stabilize sooner rather than later, supported by the gradually improving consumer

ECB's Constancio Says Linking Resolution Funds Not Enough

25/05/2013
Europe must create a single resolution mechanism backed by a common pool of money to help wind down struggling banks, European

World Trade Volume Rose By 0.7% In 1Q-CPB

25/05/2013
The volume of world trade rose at an unchanged rate in the first three months of the year, a reflection of modest growth in the global economy.

Draghi Says Bond-Buying Pledge Helps Transmit Rates

25/05/2013
European Central Bank President Mario Draghi said his pledge to buy government bonds is helping to ensure that interest-rate cuts reach

Germany reports sluggish first-quarter growth of 0.1%

25/05/2013
Germany's economy barely grew in the first quarter of 2013 as exports and investment shrank, figures show.
But higher domestic consumption

Fed's Bullard : ECB May Have to Consider New Stimulus Measures

25/05/2013
The risk of a disorderly breakup of the euro zone has diminished in the past year but the European Central Bank may need to

United Nations sees slow global economic growth in 2013

25/05/2013
Global economic growth is projected to gain slow momentum for the rest of the year, a United Nations economic forecast said yesterday.

Commission moves to strengthen EIB lending outside the EU over the next seven years

25/05/2013
Commission moves to strengthen EIB lending outside the EU over the next seven years

UK may be three quarters of the way through debt purge - Fisher

25/05/2013
Britain may be as much as three quarters of the way through the process of working off the high debt levels

India’s Economic Recovery Seen Subdued as Policy Risk Persists

25/05/2013
India’s economy probably expanded less than 5 percent for a second quarter as political gridlock that

German Consumer Sentiment to Reach 5-Year High in June, GfK Says

25/05/2013
German consumer confidence will jump to the highest in more than 5 1/2 years in June as low unemployment

Japan's PM Abe defends policies as markets settle

25/05/2013
Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though

German Finance Ministry Still Sees Gradual Economic Growth in Coming Months

25/05/2013
Economic indicators suggest gradual but favorable growth in German industrial activity in the coming months,

French Business Confidence Improves in May

25/05/2013
French business confidence in the manufacturing industry improved in May from April, national statistics bureau

Philippine Imports Fall Further In March

25/05/2013
Philippine imports declined at a faster pace in March, the latest figures from the National Statistics Office

Fed's Bullard : Tax System Needs "Scrubbing Over"

25/05/2013
A senior Federal Reserve official said Friday lawmakers need to take a fresh look at global tax rules, amid

Outlook for China’s Economy Just Keeps Getting Worse

25/05/2013
The unexpected contraction in China's factory activity in May has heightened the risk of a further slowdown
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