Greece still to convince Europe over rescue deal
ATHENS/BRUSSELS - Europe gave Greece until Wednesday to convince sceptical international creditors that it would stick to the punishing terms of a multi-billion-euro rescue package, endorsed by parliament as rioters torched downtown Athens. | Video
Murdoch facing battle with staff in Sun showdown
LONDON - Rupert Murdoch will face hostile and angry staff when he arrives in Britain this week seeking to face down a growing rebellion within his newspaper business and end the talk that his flagship Sun could close following a string of arrests.
Lending lapse pressures banks and government
Top banks fell short of their government targets to lend to small businesses last year, dealing a blow to the coalition government's hopes of removing a barrier to economic recovery. Full Article
Germany running out of patience with Greece
BERLIN - Germany is losing patience with throwing money into Greece, with lingering sympathy being undermined by anti-Germany slogans from politicians and protesters. Full Article | Commentary
Standard Chartered raised Suarez concerns
It was Liverpool's U.S. owners and their banking shirt sponsor which pays around £20 million pounds a season that intervened over the weekend to help defuse a race row that was damaging one of the most successful English football clubs. Full Article | Related Story
BAA says Heathrow losing China traffic to rivals
Heathrow is falling behind rival European airports in the battle for lucrative routes to China because of the constraints on growth at Britain's largest airport, operator BAA says. Full Article | Related Story
Sarkozy too sullied a sell for 2012?
PARIS - Nicolas Sarkozy had millions convinced he would break with the past and restore French pride. His lustre was fading within hours as he celebrated with corporate chiefs and pop stars. Full Article
Obama's election-year test with China
WASHINGTON - As he plans to greet China's vice president, Barack Obama is overhauling U.S. economic policy toward Beijing, looking for results that have bedevilled him and his predecessors. Full Article
Venezuela's Capriles faces uphill struggle
CARACAS - Venezuelan opposition flagbearer Henrique Capriles could give President Hugo Chavez, with his charisma and deep pockets, the closest race of his career. Full Article
Obama unveils big spending election-year budget
Feb. 13 - U.S. President Barack Obama calls for aggressive spending to boost growth and for higher taxes on the rich as budget is unveiled. Deborah Lutterbeck reports.
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Fire and fury in Greece
Protesters, angry at drastic cuts, clash with police and set fire to cinemas, shops and banks across Greece in the worst violence the country has suffered in years.
IMF offers best way for China to save Europe
Beijing will almost certainly say it wants to see the euro zone survive at their joint summit. If so, it should pony up – not by lending directly, but via the International Monetary Fund’s $1 trillion rescue package. That way China not only has a better chance of getting paid back, but may also win a bigger role at the world’s currency watchdog. Commentary
Monti turnaround can go much further
Mario Monti’s ability to take a crisis and turn it into an opportunity may one day be taught as a case study in political economy. Monti has such credibility he has been able to reform the pension system, liberalise a raft of monopolistic industries and launch a high-profile crackdown on tax evasion. That has helped cut Italian bond yields. The contrast with the end of the Berlusconi era is stark. Commentary
Obama and Xi may make unhappy Valentines
The Valentine’s Day summit between Xi Jinping and Barack Obama could make for uncomfortable viewing. China’s likely next president is due to meet the U.S. leader in Washington – as his predecessor did 10 years ago. Only this time the stakes are higher. Commentary
A funny sort of Union
While Greek politicians have been in the throes of austerity negotiations, the bond markets in Italy, Spain and Portugal have continued to recover. So does this mean that the markets will have a delayed reaction to what is going on in Athens, or does Greece not matter anymore? Commentary
What would markets and Merkel make of Hollande?
That the supposedly cautious Frau Merkel has weighed into the French Presidential campaign tells you how much she thinks is as stake. Markets remain quite relaxed about France, presumably because they are still counting on President Sarkozy to save it from itself. What would it mean for both if a President Hollande embarked on a spending binge? Commentary
Quebec's lessons for Scotland
OTTAWA - For Brits grappling with the idea of Scottish independence, it may be worth looking across the Atlantic, where in 1995 residents of Quebec voted on whether the province should separate from Canada. Full Article
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Passports for a price
For decades, the two-island West Indies nation of St. Kitts and Nevis exported sugarcane to keep its economy afloat. When sugar prices fell, St. Kitts began to sell an even sweeter commodity: its citizenship. The allure? St. Kitts citizens can travel without a visa to more than a hundred countries, including Canada and all of Europe, and they pay no personal income taxes. Full Article
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