EU leaders to ask G20 to back higher IMF funds (Reuters)
Reuters - European Union leaders will call at a summit next week for the world's 20 biggest economies (G20) to agree in April to substantially boost funds available to the International Monetary Fund, draft conclusions of the meeting showed...
State Dept gets first-ever chief economist (AP)
AP - Secretary of State Hillary Rodham Clinton is appointing the State Department's first chief economist as the Obama administration tries to fully integrate the agency into its attempts to promote domestic job growth...
Europe seals new Greek bailout but doubts remain (Reuters)
Reuters - Euro zone finance ministers agreed a 130-billion-euro ($172 billion) rescue for Greece on Tuesday to avert an imminent chaotic default after forcing Athens to commit to unpopular cuts and private bondholders to take bigger losses...
Exclusive: Greek debt may remain at 160 percent in '20: IMF/ECB (Reuters)
Reuters - Greece will need additional relief if it is to cut its debts to 120 percent of GDP by 2020 and if it doesn't follow through on structural reforms and other measures, its debt could hit 160 percent by 2020, a confidential analysis conducted by the IMF, European Central Bank and European Commission shows...
U.S. Senators in Cairo want swift end to NGO case (Reuters)
Reuters - U.S. Senators said in Cairo on Monday they hoped for a swift end to a row over U.S. pro-democracy activists accused of working illegally in Egypt and said they were committed to help Egypt nurture its democratic institutions and rebuild its economy...
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AP - Wal-Mart Stores Inc.'s business offers valuable insight into how Americans are reacting in the slow economic recovery: they will spend, but only if they believe they're getting the lowest prices...
Reuters - President Barack Obama's re-election campaign regularly rips Mitt Romney, long viewed as the frontrunner for the Republican presidential nomination, for his economic policies...
AP - Relishing a political victory, President Barack Obama said Tuesday that Congress "did the right thing" by extending payroll tax cuts for millions of Americans...
Reuters - In mid-2011, with the U.S. economy at risk of a new recession, top Federal Reserve officials began to explore a different way to shore up the recovery: looking for fixes for the battered housing market...
