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Obama unveils big spending election-year budget
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WASHINGTON (Reuters) - President Barack Obama called on Monday for aggressive spending to boost growth and for higher taxes on the rich, laying out an election-year vision for America in a budget that was criticized sharply by Republicans for failing to curb the deficit. |
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Greece still to convince Europe over rescue deal
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ATHENS/BRUSSELS (Reuters) - Europe gave Greece until Wednesday to convince skeptical 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. |
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OECD flags signs of broader upturn in economic outlook
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PARIS (Reuters) - The international economic outlook is showing tentative signs of improvement, with the momentum shift spreading from the United States and Japan to other developed countries, the OECD's December survey of growth prospects showed on Monday. |
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