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IMF to trim global growth projection
The International Monetary Fund is expected to release a gloomier picture of the world economy this week, by trimming its forecast for global growth this year by 0.1pc.
Disappointing Chinese growth figures spook markets
An unexpected slowdown in China's economic growth has cast fresh doubt over the strength of its recovery, sending jitters through the stock markets.
Surging tomato prices stoke Brazilian inflation rage
The tomato, a staple of Brazilian cuisine, has seen its price more than double in the past year, in a worrying sign for an economy with a recent history of hyperinflation.
Greece to sack 4,000 state workers to unlock bail-out cash
Greece will fire 4,000 civil servants this year as part of programme of austerity measures agreed with the EU-IMF “troika” as the condition for the next €8.8bn of payments in its €270bn bail-out.
Iceland first European country to sign free trade agreement with China
Iceland has become the first European country to sign a free trade agreement with China, offering hope to the small North Atlantic country for its recession-battered economy and giving Beijing a leg up in its drive for expanded influence in the Arctic.
Risk avoidance leaves small firms unable to grow
The financial crisis has left small businesses locked in a vicious circle of risk avoidance that leaves them unable to grow, according to a new study.
Estimating property supply and demand is a dangerous game
The bulls are lining up to predict better times ahead for UK house prices. Japan's history holds a warning, says Andrew Oxlade.
Germany 'too weak to withstand more stimulus', says Angela Merkel
Germany does not have the economic strength to launch another stimulus package now without running the risk of losing market confidence, Chancellor Angela Merkel said.
Inflation steady at 2.8pc in March
Inflation held steady at 2.8pc for the second month running in March as a rise in the cost of leisure goods such as digital cameras and books was offset by falling tobacco and cigarette prices.
Household incomes fell at end of 2012
Analysis by the Office for National Statistics (ONS) found that disposable income per head after inflation in the final three months of 2012 fell from £3,780 in the previous quarter to £3,767, while expenditure rose by £4 to £3,608.
EU could be asked for more money to help Cyprus, says Jose Manuel Barroso
The European Commission has said that member states could be asked to provide additional help for newly bailed-out Cyprus, whose economy is set for a dramatic and painful downsizing.
ECB 'can't do everything for everyone', says Mario Draghi
The European Central Bank, in charge of monetary policy for 17 different countries, "can't do everything for everyone at any time," ECB chief Mario Draghi has said.
The best way to get people to care about our economy is to give them a stake in it
Her vision of a property-owning democracy, based on mass share and home ownership, helped align the interests of bosses and workers, destroying the traditional rationale of the conflict-obsessed Labour Party and trade union movements. Perhaps more than any of her other reforms, that is the one we should be reflecting upon as she is finally laid to rest on Wednesday, and as we remember the greatest peace-time prime minister of the past 100 years.
Francois Hollande faces austerity revolt from own ministers
French president Francois Hollande is facing an anti-austerity revolt from his own ministers as he pushes through a fresh round of tax rises and austerity to meet EU deficit targets.
George Osborne has fallen from grace at the IMF
George Osborne has fallen from grace in the hallowed corridors of the International Monetary Fund fortress on Washington’s Pennsylvania Avenue.
Bank of England says extending FLS would boost lending
The Bank of England has floated the idea of expanding the Government's £80bn flagship lending scheme, as rate-setters remained split on whether more quantitative easing would help the economy.
Global economy faces 'chronic' crisis if reforms are not completed, warns IMF
A growing trend towards excessive risk-taking and lack of action to repair broken bank balance sheets could trigger a “chronic” new phase in the financial crisis, the International Monetary Fund has warned.
Russian regions will struggle to fund 2018 World Cup, says S&P
Most of Russia's regions will have a tough time coming up with the cash required to host the 2018 football World Cup because of the country's economic slowdown, Standard and Poor's has warned.
Federal Reserve upgrades view of US economy
The Federal Reserve has slightly upgraded its view of the US economy, saying that manufacturing and construction continues to grow.
Romania abandons target date for joining euro
Romania has dropped setting a target date for adopting the euro, although officials insisted that joining the single currency remains a fundamental objective for the country, according to reports.
German MPs vote in favour of bail-out for Cyprus
German MPs have voted in favour of a bail-out for Cyprus, after the country’s finance minister said that the island’s banking sector would be “sharply down-sized”.
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