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    May 20, 2013 |Story| Reuters
  1. IMF urges Montenegro to close aluminum plant to cut debt

    Reuters
    PODGORICA (Reuters) - Montenegro should shut down the loss-making aluminum plant that is the country's biggest single industrial employer to stem a sharp rise in its public debt, the International Monetary Fund said. The partly state-owned Kombinat...

    Tags: Politics, Credit and Debt, Montenegro, Debt Market, Economic Indicator

  2. May 20, 2013 |Story| Reuters
  3. GLOBAL MARKETS-Shares grind higher, yen rebounds on minister's remarks

    Reuters
    * Global equity markets continue to climb * Yen gains on minister's comments, rise seen temporary * Gold gains after longest losing streak in four years * Oil rebounds, rises above $105 a barrel (Updates prices, adds close of European stocks) By...

    Tags: Ryanair Holdings Plc, Petroleum Industry, Japan, Nasdaq Composite, Lisle

  4. May 20, 2013 |Story| Los Angeles Times
  5. Higher consumer spending will offset sequester cuts, economists say

    WASHINGTON -- Consumers will help keep economic growth on track this year, as new projections of their spending indicate it will offset the hit to the recovery from the federal government's automatic budget cuts, a panel of economists said Monday.
    WASHINGTON -- Consumers will help keep economic growth on track this year, as new projections of their spending indicate it will offset the hit to the recovery from the federal government's automatic budget cuts, a panel of economists said Monday. The...

    Tags: Politics, Labor Markets, Consumers, National Government, Government

  6. May 20, 2013 |Story| Reuters
  7. IMF says Washington cutting budget deficits too quickly

    Reuters
    By Jason Lange WASHINGTON, May 20 (Reuters) - The International Monetary Fund on Monday said the United States was getting carried away with a government austerity drive, offering some of the institution's bluntest criticism yet of Washington's rush to...

    Tags: Finance, Politics, Public Finance, Economy, Business and Finance, National Government

  8. May 20, 2013 |Story| Petoskey News
  9. Obama urged to make economy a bigger, bolder topic

    WASHINGTON (AP) — Five months into President Barack Obama's second term, allies and former top aides worry that his overarching goal of economic opportunity has been diminished, partly drowned out by controversies seized upon by Republicans in an effort to weaken him.
    WASHINGTON (AP) — Five months into President Barack Obama's second term, allies and former top aides worry that his overarching goal of economic opportunity has been diminished, partly drowned out by controversies seized upon by Republicans in an...

    Tags: Public Finance, Taxation, Congressional Budget Office, Washington, DC, U.S. Congress

  10. May 20, 2013 |Story| Reuters
  11. RPT-ANALYSIS-Shrinking U.S. deficit reduces pressure for budget deal

    Reuters
    (Repeats story with no changes to text) By Jason Lange and David Lawder WASHINGTON, May 20 (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the U.S. tax system, trim government spending and reform...

    Tags: U.S. Senate, Congressional Budget Office, Social Security, U.S. House of Representatives, George Washington

  12. May 19, 2013 |Story| Hampton Roads Daily Press
  13. Hagel: It was furlough 680K or deepen readiness crisis

    By Tom Philpott Defense Secretary Chuck Hagel ordered the furlough of 680,000 civilian employees for one day a week, from early July through September, to avoid taking deeper cuts in training and maintenance, which could have degraded readiness to the...

    Tags: Defense, Elections, Layoffs and Downsizing, Congressional Budget Office, Chuck Hagel

  14. May 19, 2013 |Story| Reuters
  15. Japan govt upgrades economic assessment for first time in 2 months

    Reuters
    TOKYO, May 20 (Reuters) - Japan's government upgraded its assessment of the economy in May for the first time in two months, in a sign growth is accelerating as exports and factory output pick up. The economy is gradually recovering, according to the...

    Tags: Inflation and Deflation, Japan, Financial Markets, Prices, Money and Monetary Policy

  16. May 19, 2013 |Story| Reuters
  17. ANALYSIS-Shrinking U.S. deficit reduces pressure for budget deal

    Reuters
    By Jason Lange and David Lawder WASHINGTON, May 20 (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the U.S. tax system, trim government spending and reform safety net spending programs appear to be...

    Tags: U.S. Senate, Congressional Budget Office, Social Security, U.S. House of Representatives, George Washington

  18. May 19, 2013 |Story| Reuters
  19. Analysis: Shrinking deficit reduces pressure for budget deal

    Reuters
    WASHINGTON (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be fading. A sudden improvement in the outlook for the...

    Tags: U.S. Senate, Elections, Congressional Budget Office, Social Security, U.S. House of Representatives

  20. May 19, 2013 |Story| Reuters
  21. Japan upgrades economic outlook as Abe's policies take hold

    Reuters
    TOKYO (Reuters) - The Japanese government upgraded its assessment of the economy on Monday, as emerging signs of an upturn in exports and factory output added to growing evidence that Prime Minister Shinzo Abe's aggressive polices are beginning to...

    Tags: Morgan Stanley Dean Witter & Company, Economy, Economy, Business and Finance, Japan, Inflation and Deflation

  22. May 18, 2013 |Story| Reuters
  23. Bundesbank chief says France must take deficit cuts seriously

    Reuters
    BERLIN, May 19 (Reuters) - France has a special responsibility as a euro zone heavyweight to take deficit reduction rules seriously, even though its budget deficit is above target, Bundesbank President Jens Weidmann said in an interview published on...

    Tags: Politics, Newspaper and Magazine, France, Public Finance, Germany

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Government Debt Photos
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A labourer cleans the window of an office building near a residential complex under construction in Shenyang
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