Global Economy, European Debt | featured news

G-20 challenged by growth, debt

Leaders' dilemma is how to cut spending without undermining the economies they seek to sustain.

 

Downgrade of Spain Pushes Markets Lower

Downgrade of Spain Pushes Markets Lower

Fitch cut Spain’s credit rating, saying that the country’s debt will probably weigh on the country’s growth.

 

Asian stocks tumble amid global recovery doubts

Asian stocks tumbled Friday as ballooning European debt and a rise in U.S. unemployment claims added to fears the global recovery could slip back into recession....

 

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