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EU pushes more moves to stem debt crisis

European Union officials pushed on Saturday to accelerate moves to stem the bloc's long debt crisis as Italian premier Mario Monti warned that economic suffering was fuelling divisive nationalism on the continent.

Chinese Premeir Warns of ‘Downward Pressure’ on Economy

Premier Wen Jiabao of China on Sunday called for the government to become more aggressive in using fiscal and monetary tools to respond to a slowing economy.

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China cuts growth target to 8-year low, to boost consumption

Chinese Premier Wen Jiabao cut his nation's 2012 growth target to an eight-year low of 7.5 percent and made boosting consumer demand the year's first priority as Beijing looks to wean the economy off its reliance on external demand and foreign capital.

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