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VIDEO: Why Greece may need second bail-out

Speculation is growing that Greece may need a second financial bail-out from the international community

 

Middle class appetites drive China food inflation

Hunger was such a constant companion in Yao Qizhong's childhood that even now, at age 40, he'll stoop down to salvage a single clove of garlic that falls from his table at the Beijing market where he hawks fresh produce....

 

China eases trade rules, allows U.S. fund sales

China on Tuesday pledged easier access for U.S. companies to key sectors of its economy by removing barriers to its huge market in government contracts and offering a foothold to U.S. mutual funds.

 

U.S. eyes ways to support battered Egypt economy

The United States is studying ways to support Egypt's economy following Hosni Mubarak's overthrow, the U.S. embassy said on Monday after a U.S. newspaper said Washington had decided to provide $1 billion in debt relief.

 

Japan Debt Outlook Cut to 'Negative' by S&P on Reconstruction

Japan’s sovereign-rating outlook was cut to “negative” by Standard & Poor’s as the nation’s reconstruction needs following last month’s earthquake will likely add to what’s already the world’s biggest debt load.

 

In Turkey, Banks Nudged to Cool a Sizzling Economy

In Turkey, Banks Nudged to Cool a Sizzling Economy

The country’s economy, which crashed in 1994 and 2001 and was set back by the global financial crisis, is showing signs of overheating, fueled by consumer spending.

 

Chinese inflation to ease: government

China's inflation will fall slightly in the second half of 2011, but it will be tough to keep the full-year rise in consumer prices below the government's 4 percent ceiling, an official said in remarks reported on Sunday.

 

G-20 nations reach agreement on imbalances

The world's major nations have put together a new monitoring process that they hope will halt the types of destabilizing economic imbalances that contributed to the worst global downturn since World War II....

 

Ireland gets thumbs-up from EU/IMF

A Moody's downgrade and growing speculation Greece may eventually restructure its debt took the shine off Ireland's thumbs-up from the EU and the IMF on Friday for its efforts to claw its way back from crisis.

 

China growth sizzles, inflation bubbles

China's turbo-charged growth eased just a touch in the first quarter, while its inflation jumped to a 32-month high, putting pressure on the government to do more to rein in prices and keep the economy on an even keel.

 

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