GDP

Visa Inc. (NYSE: V) and the government of Rwanda announced a partnership at a Monday press conference in Kigali, the capital city of Rwanda. Under the agreement, Visa will help the government extend access to financial services to local and international consumers throughout the country.

Sooner or later, income taxes on upper-income groups in the United States, including the uber-rich, have to be raised to balance the federal budget, and to restore tax fairness.

Merkel said France and Germany are demanding structural changes which go beyond agreements.

The economy showed signs it was decelerating, with an index of service activity pointing to slower growth in November while new orders for factory goods declined in October for the second straight month.

You can't blame investors for feeling a bit hesitant regarding deploying new money in the U.S. stock market these days. Lingering concern about Italy's finances, along with below-trend U.S. GDP growth has created an uncertain U.S./Europe economic outlook. Where's the Dow likely to head in the next six months?

Prime Minister Mario Monti, boosted by positive market reaction, takes a 30 billion euro austerity package to Italy's parliament on Monday to help stem a debt crisis threatening to overwhelm the Eurozone.

NICOSIA, Dec 5Sources told Reuters at the weekend that Germany was prepared to soften language in the euro zone's permanent rescue fund that compels bondholders to accept losses in exchange for much stricter budget rules.

The HSBC Purchasing Managers' Index for China's services sector fell to 52.5 from 54.1 in November, signalling its slowest rate of growth in three months and the latest in a series of data points portraying a quickly cooling economy in need of policy support.

If you don't have the time to scrutinize U.S. and Europe/Asia economic data points daily, but you still want to take the pulse of the U.S. economy, use the price of oil as a shorthand. Oil, the world's most vital commodity, also provides a quick-read on the U.S. economy.

India's moderating growth will help to ease inflationary pressure in the country, deputy governor of the Reserve Bank of India Subir Gokarn said on Saturday.

Canada's economy unexpectedly lost jobs for a second straight month in November, raising concern that weakness in other countries may do lasting harm to an economy that has so far been surprisingly robust.

Gordhan said that the debt crisis in Europe is harming economies thousands of miles way.

Donald Ramotar of the ruling People's Progressive Party (PPP/C) will be the next Guyanese president, scoring the fifth straight such victory for the party.

U.S. manufacturing expanded at a faster rate in November and the overall economy grew for the 30th consecutive month, according to a closely watched index released Thursday.

India's manufacturing sector expansion slowed in November as factory output grew at its slowest pace in nearly three years although export demand should provide some cheer for factories.

The Canadian economy grew at an annualized rate of 3.5 percent in the third quarter, recovering more solidly than expected from a 0.5 percent contraction in the second quarter that was linked to the impact of Japan's earthquake and tsunami.

Morgan Stanley said it prefers exposure to gold, silver and livestock in the coming year, as such commodities perform well in a global economic slowdown.

India's economic growth in the current fiscal year ending March 2012 is expected to be around 7.5 percent, as the growth in fourth quarter will be better than the 6.9 percent growth

Toronto's main stock index was set to open higher on Wednesday, extending gains from the previous session after China unexpectedly cut its bank reserve requirement ratio by 50 basis points, and ahead of Canadian growth data.

India's economy grew at the slowest pace in more than two years, according to the recent Gross Domestic Product (GDP) numbers which shows the country's economy rose 6.9 percent in the July-September quarter.

The Eurozone seems all set to enter a period of deep recession, with the credibility of governments' ability to keep the region in balance under serious doubt. The Organisation for Economic Co-operation and Development (OECD) has already issued a warning that Eurozone and U.S. leaders must act urgently to stop their debt crises from spiralling out of control.