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US economy back on track with strong second-quarter rebound

 

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Argentina approaching another default after talks fail

Argentina and holdout creditors failed to reach a debt deal, bringing the country closer to another default. Nathan Frandino reports.

Russia-Ukraine tensions pose credit default risks - IMF

The International Monetary Fund warned Tuesday that an escalation of tensions between Russia and Ukraine would raise the risks for banks exposed to those...

UK consumer confidence falls for first time in six months - GfK

British consumer confidence fell for the first time in six months in July, a survey from researchers...

Japan factory output logs sharpest drop since tsunami disaster

Japan's factory output in June logged its sharpest fall since the 2011 earthquake‑tsunami...

Ireland preparing to lift austerity measures

Ireland is moving closer to a switch away from deep austerity measures as it prepares for a key budget -- the first since the eurozone nation emerged from...

Bundesbank chief welcomes inflation-busting German wage gains

Bundesbank chief Jens Weidmann has welcomed above‑inflation wage increases in some sectors in...

Spain raises 2014 growth forecast

Spain's government on Tuesday raised its growth forecasts for this year and next as the country pulls away from economic crisis, and said it hopes...

IMF approves new $5 billion credit line for Morocco

RABAT, Morocco (AP) — The International Monetary fund has announced a new, two‑year $5 billion credit line for Morocco to support reform...

Asia Day Ahead: No joy for region's industrial output

South Korea, Thailand and Japan all report industrial output figures this Wednesday in Asia, with different headwinds slowing down production in the three...