U.S. Lawmakers Trade Blame for $1.1 Trillion Deficit CBO Projects for 2012 - Bloomberg

A report showing the government will run a budget deficit of more than $1 trillion for the fourth consecutive year inflamed a debate over the […]

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Greek Debt Talks Risk Derailing EU Summit Plan - Bloomberg

European Union leaders gather for their first summit of 2012 as a deteriorating economy and struggle to complete a Greek debt writeoff risk sidetracking efforts […]

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EU ministers push bondholders in Greek deal

European finance ministers piled the pressure on Greece’s private creditors Monday to reach an agreement with Athens to cut the country’s massive debt load, with […]

Last year’s gains on bonds aren’t likely to repeat

If you made life simple on yourself and bought U.S. Treasury bonds early last year, you may be patting yourself on the back now.
Treasurys that […]

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China

Monti seeks more EU support ahead of Merkel talks

Italy’s Premier Mario Monti has warned that his country needs to see more concrete support from the European Union and Germany in return for the […]

Italy’s PM: No nation can fight debt crisis alone

No European nation is strong enough to ride out the continent’s debt crisis alone, Italy’s new premier insisted Saturday, urging fellow EU members to develop […]

Monetary policy works when rates near zero: Bullard

Central bank actions work better than tax and spending measures to protect an economy from shocks, even when interest rates are at rock bottom […]

U.K. Services Surge May Help Britain Avoid a Recession: Economy - Bloomberg

Service industries in the U.K. grew at the fastest pace in five months in December and strengthened in the U.S., suggesting their economies are partly […]

Singapore GDP Probably Fell in Fourth Quarter - Bloomberg

Singapore