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US Urged to Mint 'Trillion Dollar Platinum Coin' To Solve Debt Ceiling Debate
Formal petition submitted to White House demanding Treasury mint unprecedented coin as debt deadline draws closer.
Germany Aims More Spending Cuts by 2014
Germany plans to implement more austerity measures that may affect social spending.
UK Service Sector in Recession for First Time in Two Years - Markit PMI
Private industry data shows UK's biggest contributer to economy slumped to a contraction in final month of 2012.
Yen Continues to Weaken Following Abe Election Amid Longest Slide in Two Decades
Japan's currency hits two and a half year low against the US dollar following Fed minutes, Shinzo Abe statement
PIMCO's Gross: Inflation Dragons Lurk in the Cave of Quantitative Easing
Founder of the world's biggest bond fund rounds on "essentially costless" money-printing in his monthly Investment Outlook column.
China's Services Sector PMI Expands in December
China's services sector growth adds to signs of economic recovery in the world's second-largest economy.
China's Manufacturing Activity Shows 'Modest Improvement' in December
A number of recent data indicate that China's economy is recovering after seven consecutive quarters of slowdown.
UK Economy May Face Sluggish 'Groundhog Year' in 2013
Britain's GDP growth targets unlikely to be achieved, says think-tank.
Asian Markets 2012 Roundup: A Year of Political Shifts, Economic Woes and Austerity
Most of the Asian bourses post annual gains as the year 2012 comes to a close.
South Korea Cuts Growth Outlook on Slowing Exports to US and Eurozone
South Korea lowers 2013 growth forecast to 3 percent from 4.3 percent.
UK Overtakes Brazil as Sixth Largest Economy
Emerging economies such as India and Russia to surpass Britain by 2020.
Why China's Explosive Economic Growth Could Trigger a Global Food Crisis
Rising demand and disappearing arable land could lead China to import more food and produce a spike in global prices.
UK Economy Performed Worse Than Thought in Third Quarter
Bounceback GDP reading revised down by ONS as November's public sector borrowing data reveals worsening deficit.
Standard & Poor's Upgrades Greek Rating to B- on Europe's Support
S&P upgrades Greece's credit rating on the basis of the Europe's efforts to retain Greece's eurozone membership.
India's Central Bank to Focus on Growth as It Keeps Benchmark Rate Unchanged
With inflation expected to ease, Reserve Bank of India will focus on growth.
Swiss National Bank Opens Singapore Branch
Central Bank plans mid-2013 opening of Asian branch to help its on-going effort to stabilise the value of the Swiss franc on foreign exchange markets.
Might Future Autumn Statements Bring Greater Cuts in Welfare Spending?
George Osborne, Britain's Chancellor of the Exchequer, has often of late made reference to the fact that the Coalition Government has already reduced the country's Budget Deficit by a quarter since coming to power. Concentrating on Deficit reduction has not been politically comfortable for the Government with the opposition Labour Party being usually ahead in the opinion polls since late November 2010 - it didn't take long - and a ComRes survey for The Independent at the end of October...
China to Maintain Existing Money Market Policies in 2013
Key economic meeting provides first glimpse of new Communist Party leadership in action.
Greece Projected to Witness Recovery in 2014
Following six consecutive years of recession, Greece to record positive growth rate in 2014.
Is Britain Staring Down Barrel of a Triple-Dip Recession?
With raft of disappointing economic data hanging over the fourth quarter, IBTimes UK looks at possibilty of a triple-dip recession.
Fitch Continues to Give AAA Rating to France
Unlike Moody's and S&P, which downgraded France, Fitch reaffirms France's top credit rating.
Eurozone Data Points to Deeper Recession as German Manufacturing Slips
Markit's Purchasing Managers' Index hits nine-month high but still below expansion threshold.
George Osborne Backtracks on Importance of UK AAA Credit Rating
Chancellor tells Treasury select committee 'ultimate test' is gilt market with UK's top rating at risk after autumn statement.
Greece: Eurogroup Agrees to €50bn Aid Package Ending Months of Delays [VIDEO]
European Finance Ministers will send €34.1bn to Athens next week in latest rescue for debt-stricken Greece
UK Standard of Living Drops to Sixth Place in EU Rankings
Eurostat and ONS data shows Britons felt the burn of government austerity, an impending recession and global crises in 2011.
Baltic Dry Index Plunges Most in Four Years on Global Trade Concerns
Benchmark gauge of global shipping costs falls more than 12 percent in two days following weak US and China trade data
'Peculiar' UK Employment Hits Record High as November Jobless Claims Fall [VIDEO]
Unemployment rate holds steady at 7.8 percent as 40,000 new jobs take UK's employment total to a record high 29.6m
European Stocks Rise on Hopes of Fed Stimulus
Stocks look set to rise for eighth session in a row.
India's Industrial Output Soars in October but Sustained Growth not Imminent
India Industrial production surges in October but high levels of inflation and delay in policy reforms still remain to be roadblocks to sustainable growth.
Opec Preview: Tough Talks Ahead on High Oil Prices and Supply
Organisation of the Petroleum Exporting Countries face serious questions over managing high prices, supply glut and geo-political tensions