Meeting at President Obama’s Camp David retreat, the G8 club of developed nations have focussed their discussions on growth and fiscal reforms.
The shockwaves from Greece’s failure to form a coalition government have continued to reverberate around world markets.
Coalition talks in Greece have floundered once more, leading it one step closer to new elections and bringing its euro presence into serious doubt.
The backlash against austerity measures has begun as pressured citizens reject their leaders
After an inconclusive election in Athens, these are some economic scenarios and their likely impact on the Eurozone.
One of the biggest risks for the eurozone has to be the lack of a cohesive vision in the financial institutions’ various proposals.
Senior officials in Spain have believed that some areas will have no option but to turn to the central government for bailouts.
The IMF has issued a call to bickering US politicians, urging them to solve the country’s debt problems before the vulnerable economy is tipped over.
The short trading week will end with important US jobs data, with key EU gatherings to keep things interesting till then, writes <b>Matt Quigley</b>.
Inflation in the eurozone has slowed in March but not by as much as expected due to rising oil prices and the European Central Bank’s reviving growth.
Snapshots of EU and US consumer sentiment are due this week, but all eyes in SA will be on the Reserve Bank’s interest rate decision on Thursday.
Portugal could face its second general strike in four months as workers protest against their government’s austerity measures and economic reforms.
A series of data releases this week will show how the world’s economies are faring in the face of an uncertain future, writes <b>Matt Quigley</b>.
A credible plan to address Europe’s long-running debt crisis appears to be emerging slowly but surely, writes <b>Matt Quigley</b>
News from Europe, reports from the world’s two largest economies and SA’s budget speech will keep economists and investors riveted in the week ahead.
Eurozone ministers have told Greece they could not go ahead with an agreed deal to restructure privately held debt until it guaranteed reforms.
The World Bank’s vice-president for Africa says states should enhance inter-continental trade to fight off the impact of the eurozone crisis.
Germany’s plan to install a commissioner in Athens with veto powers over the Greek budget has been dismissed as "laughable".
Can Greece avoid a messy default on its debt? This will be the question on everyone’s minds as leaders gather to trade on Monday morning.
But South Africa’s economic prospects are looking rosy, with Africa presenting many opportunities.
Christine Lagarde says the eurozone might avoid a recession in 2012 as there have been massive changes over the last 18 months.
The new coalition government warns it will run out of options unless the bailout is forthcoming.
The rand was on much firmer footing against the dollar on the new year’s second day of trading after bearing the brunt of asset sell-off in 2011.
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/ 27 December 2011
Every week brought more dire forecasts in the battle to save Europe’s economic club but 2012 will be its worst year yet.
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/ 26 December 2011
The last week of the year is typically economically uneventful, with the exception of a potential credit downgrade to France, the story is the same.
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/ 19 December 2011
With a fix to the eurozone crisis "technically, politically beyond reach", China’s economy slowing and SA struggling, markets remain deeply unsettled.
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/ 12 December 2011
The question likely to occupy markets this week is how well did Europe’s leaders do in their latest attempts at dealing with their debt crisis.
The United Kingdom’s Nick Clegg has spent the weekend trying to rekindle relationships with other European countries after a disagreement at the EU.
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/ 11 December 2011
The UK’s deputy prime minister has exposed coalition tensions in Europe after saying he was disappointed by the outcome of the European Union summit.
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/ 2 December 2011
This week gross domestic product (GDP) figures indicated a continued trend of slow economic growth with inflation on the rise.
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/ 29 November 2011
EU leaders are working to bolster a bailout fund to help prevent contagion in bond markets, amid growing US pressure to staunch the debt crisis.