Italian business pushes Renzi for action

(Reuters) - The annual meeting of Italy's business elite on the shores of Lake Como was - again - dominated by calls for reforms and gloomy discussion of an economic crisis now well into its sixth year.

Spain's PM says his country has turned a corner

More than half its young people are unemployed, a double-dip recession has left the economy 7% smaller than it was five years ago, and debt has soared to nearly 100% of GDP.

Switzerland parliament rejects deal to expose US tax-dodgers

GENEVA: Swiss lawmakers rejected Wednesday a deal proposed by Washington to expose American tax dodgers and halt a raft a US lawsuits provided that Swiss banks that helped stash the cash pay massive fines.

Billionaire Warren Buffet optimistic on US stocks

WASHINGTON: Billionaire Warren Buffett said the US economy is moving in the right direction and praised the policies of both President Barack Obama and his predecessor George W. Bush, in an interview that aired Sunday.

Russia's Medvedev criticizes France for backing Syrian rebels

(Reuters) - Russian Prime Minister Dmitry Medvedev, speaking before a visit to Paris on Monday, criticized France's support for the Syrian opposition and accused European Union leaders of indecisiveness in dealing with the region's economic crisis.

Iran government likely to win battle of wills over currency

DUBAI: A battle of wills between Iran's government and foreign exchange traders may end with authorities taking over all legal trade in the rial, leaving many Iranians to seek hard currency illegally in a poorly supplied black market.

Turkey's Economy Grows Less Than Expected

ISTANBUL—The Turkish economy slowed to 2.9% expansion on the year in the second quarter, a lower rate than expected, suggesting that the government could fail to meet its 4% economic growth target this year.

UN Security Council extends South Sudan peacekeepers

UNITED NATIONS (Reuters) - The U.N. Security Council renewed a peacekeeping mission in South Sudan for second year on Thursday as U.N. chief Ban Ki-moon warned the future of the year-old state was tied to developing good relations with former civil war foe Sudan.

West Bank high life masks deepening economic crisis

RAMALLAH, West Bank (Reuters) - Past the Israeli sentry towers blackened by firebombs and the entrance to a refugee camp emblazoned with posters of rifle-clenching militants, downtown Ramallah sparkles.

Sudanese protest over cuts amid security crackdown

KHARTOUM (Reuters) - Hundreds of Sudanese joined anti-government demonstrations in Khartoum on Saturday, witnesses and activists said, pushing protests against tough spending cuts into a second week despite a security crackdown.

Egypt election outcome makes economic challenge tougher

CAIRO (Reuters) - The success of two polarizing figures in Egypt's presidential election could make it harder to put in place an effective government that can tackle an economic crisis and secure vital foreign aid.

The NFEC Warns: 2012 May Bring New Global Economic Concerns, which Adds Additional Reasons to Teach Money Management Lessons to Kids

The National Financial Educators Council encourages communities to teach money management lessons to proactively address the global economic crisis.

Brazil Warns A Global Economic Crisis Devastating For All

Brazil's President Dilma Rousseff has warned that a full blown economic crisis could be devastating for emerging countries as well as for the world's largest economies.

She added that the global financial situation could also cause a "serious rupture." when speaking at the UN General Assembly in New York.

Media pressure may help speed up food security moves

More than two years have passed and there seems to be no progress worth speaking about in making the promised law that will guarantee food for the people. The promise came from the UPA-2 as part of its election manifesto in 2009. It was a time of recovery from a time of economic troubles. The impact of the global economic slowdown came on top of the agrarian crisis and the closure of several industrial undertakings, resulting in the loss of jobs and wage cuts that impoverished thousands of workers.

Global Economic War Erupts on Multiple Fronts in Middle East and West Africa

The stock market lies muted and still today as word comes from an array of battle fronts seemingly unrelated but all bearing on the question of world financial and global security.