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Africa/International

As Asia stocks rise, euro is firm

Asian share markets posted mild gains on Tuesday, with Australian stocks boosted by upbeat earnings from lender Westpac, while the euro held its ground as Greece was given 30 days to show its deficit plans were on track. Centers such as…

UK inflation expected to rise above 3%

Bank of England Governor Mervyn King will send a letter of explanation to the Chancellor after figures due to be released show a spike in inflation above 3%. Economists are forecasting that Consumer Prices Index (CPI) inflation surged to a…

Germany unemployment rate to rise

The already high unemployment rate in Germany, Europe's biggest economy, will rise further this year after the country suffered its worst post-war recession in 2009, a report said on Sunday. Germany faces "several difficult months when we…

US debt will keep rising

It's bad enough that Greece's debt problems have rattled global financial markets. In the world's largest economic and military power, there's a far more serious debt dilemma. For the U.S., the crushing weight of its debt threatens to…