The leaders of eight of the world’s biggest economies meet this weekend outside Washington, seeking to keep Europe’s debt crisis from spiraling out of control and jeopardizing fledgling recoveries in the U.S. and elsewhere. (read the story…) Related items China calls on governments to tackle debt (AP) China manufacturing slows further in July (AP)...
China’s stocks swung between gains and losses amid speculation a third cut in banks’ reserve requirements since November won’t be enough to stem the slowdown in the economy as Europe’s debt crisis threatens exports. (read on…) Related items China Cuts Banks’ Reserve Requirements to Sustain Growth China's Big Four banks hit by slowdown, costs...
Greek voters enraged by economic hardship caused by the terms of an international bailout turned on ruling parties in an election on Sunday, putting the country’s future in the euro zone at risk and threatening to revive Europe’s debt crisis. The latest official results, with over 61 percent of the vote counted, showed the...
China’s central bank chief said Monday that policies aimed at dousing inflation will be kept in place and urged European nations to act to resolve the region’s protracted debt crisis. (read the story…) Related items G8 leaders seek to corral Europe crisis China worried Europe debt crisis will hit trade (AP) China calls on...
China on Saturday called on the eurozone to move quickly to end its debt crisis at a meeting of the world’s finance chiefs in Washington. (read on…) Related items China to remain long-term investor in Europe’s debt Europe aims to beef up crisis fund, world urges action G20 pledges bank support, eyes bolder euro...
