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Obama to China: Behave like "grown up" economy →  November 14, 2011

By Matt Spetalnick and Doug Palmer HONOLULU | Mon Nov 14, 2011 1:17am EST HONOLULU (Reuters) – President Barack Obama told China on Sunday that the United States was fed up with its trade and currency practices, as he turned up the heat on America’s biggest economic rival at an Asia Pacific summit.   “Enough’s […]

→  November 13, 2011

By Laura MacInnis and Emily Kaiser HONOLULU | Sat Nov 12, 2011 7:31pm EST HONOLULU (Reuters) – President Barack Obama and eight other leaders said on Saturday they have made good progress on a groundbreaking pan-Pacific trade deal and expected to finish in 2012. “Our nine nations have reached the broad outlines of an agreement,” […]

→  November 13, 2011

By Michael Martina and Laura MacInnis HONOLULU | Sun Nov 13, 2011 1:18am EST HONOLULU (Reuters) – President Barack Obama and Chinese President Hu Jintao presented dueling trade agendas at a Pacific summit on Saturday that underscored growing tensions between the world’s two biggest economies. Hu and Obama laid out competing visions of world trade […]

→  November 12, 2011

By Barry Moody and George Georgiopoulos ROME/ATHENS | Fri Nov 11, 2011 11:21pm EST ROME/ATHENS (Reuters) – Italy’s parliament was set to approve austerity measures on Saturday, triggering the formation of an emergency government to replace that of Prime Minister Silvio Berlusconi, and meeting European Union demands to avert a euro zone meltdown. After months […]

→  November 12, 2011

By Caroline Valetkevitch NEW YORK | Fri Nov 11, 2011 9:10pm EST NEW YORK (Reuters) – Stocks jumped on Friday, ending higher for the week after the Italian Senate’s approval of economic reforms gave investors some relief from worries about the euro zone’s debt crisis. After another week of volatility driven by news on the […]

Mario Monti eyed to replace Italian Prime Silvio Berlusconi →  November 11, 2011

By Paolo Biondi and Lefteris Papadimas ROME/ATHENS | Thu Nov 10, 2011 9:56pm EST ROME/ATHENS (Reuters) – Italy moved closer to a national unity government on Thursday, following Greece’s lead in seeking a respected veteran technocrat to pilot painful economic reforms in an effort to avert a euro zone bond market meltdown.   After five […]

Wall Street rebounds as corporate news offsets Italy →  November 11, 2011

By Ryan Vlastelica NEW YORK | Thu Nov 10, 2011 7:23pm EST NEW YORK (Reuters) – Stocks bounced back on Thursday from the previous session’s steep losses as investors latched onto positive corporate and economic news, in the absence of a clear worsening in Europe’s debt crisis.   Still, trading was volatile and volumes were […]

Italy at breaking point; fears grow of euro zone split →  November 10, 2011

By Barry Moody and Andreas Rinke ROME/BERLIN | Thu Nov 10, 2011 1:23am EST ROME/BERLIN (Reuters) – Political and economic crisis in Italy spurred fears of a split in the euro zone with borrowing costs for Europe’s third biggest economy near unsustainable levels and the bloc unable to afford a bailout.   The escalating crisis […]

Wall St sinks as European debt plight worsens →  November 10, 2011

By Caroline Valetkevitch NEW YORK | Wed Nov 9, 2011 5:14pm EST NEW YORK (Reuters) – Stocks tumbled 3 percent on Wednesday in the market’s worst day since mid-August as a spike in Italian bond yields signaled the European debt crisis had worsened.   All 10 SP sectors were down, but SP financials were the […]

Europe debt crisis brings down Italy’s Berlusconi →  November 9, 2011

By Barry Moody and Harry Papachristou ROME/ATHENS | Wed Nov 9, 2011 12:54am EST ROME/ATHENS (Reuters) – – Italian Prime Minister Silvio Berlusconi became the biggest political casualty of Europe’s debt crisis on Tuesday when he announced he would step down after being stripped of his majority in parliament.   Berlusconi said he would leave […]