G20 commits to higher growth, fight climate change; Russia isolated over Ukraine
Leaders from the G20 group of nations agreed on Sunday to boost flagging global growth, tackle climate change and crack down on tax avoidance but ties between the West and Russia plummeted to a new low over the crisis in Ukraine.
China's economy experiencing 'period of pain': vice minister
China's economy is going through a "period of pain" as authorities try to shift it toward slower, more sustainable growth, with the rapid expansion of its shadow banking sector a major problem, the vice finance minister said on Saturday.
EU hopeful Serbia hosts military drill with Russia
Russian soldiers parachuted into open fields in western Serbia on Friday as part of an unprecedented joint military drill that has stirred controversy in the European Union candidate-country given the West-Russia standoff over Ukraine.
Ukraine's PM says main task is to build army to stop Russia
Ukraine's top priority is to build an army strong enough to stop Russian military aggression, Ukrainian Prime Minister Arseny Yatseniuk said on Friday, as he made recommendations for top positions in a new coalition government.
Euro zone grows faster than expected in third quarter
Euro zone economic growth was stronger than expected in the third quarter, preliminary data showed on Friday, as France beat market expectations and Germany steered clear of a recession.
U.S. stocks rise, oil falls below $80
U.S. stock prices rose on Thursday, hovering near record highs, while crude fell below $80 a barrel for the first time in four years on further signs of a slowdown in China's economy.
Euro zone risks self-fulfilling loss of momentum
The euro zone economy is at risk of slipping into a self-fulfilling loss of growth momentum, European Central Bank Executive Board member Benoit Coeure said on Sunday, underlining the ECB's readiness to act if needed.
Russia gas flows still frozen; Ukraine banks on mild weather to hold out
Ukraine signaled it may hold off from paying Russia's billion-dollar gas invoice - part of an EU-brokered agreement to restart supplies frozen since June - in the hope mild weather can help it last out longer as it grapples with near-bankruptcy.
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