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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...

Italy agrees to sell energy grid stake to China

Italy has agreed to sell a 35 percent stake in its electricity grid to China's state power company for at least 2.1 billion euros ($2.8 billion) as...

Argentina in 11th-hour talks as default looms

Last‑ditch talks aimed at averting Argentina's second default in 13 years were to resume Wednesday in New York, after Tuesday's marathon...

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...

Russia has case to answer in Litvinenko death: UK inquiry

Russia has a case to answer over the death of a former spy poisoned with radioactive tea in London, a British judge said Thursday as he opened a public...

Eurozone unemployment, inflation data paint mixed picture

Eurozone unemployment and inflation data painted a mixed economic picture Thursday, with the jobless rate edging down while softer prices raised question...