Goldman Sachs Jim O’Neill is encouraged by Hu Jintao’s comments and suggests Barack Obama put growth above politics.
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Hu Jintao: Checkered report card
When Hu Jintao steps down as leader of China’s Communist Party this month, not everyone will view his record over the last 10 years favorably.
Leaders face China’s wealth divide
China’s new leaders take over an economy at the crossroads. Its wealth may rival the U.S. in the next decade, yet growth is slowing, its population is aging and income disparity is widening.
PIMCO: U.S. could fall off fiscal cliff
The U.S. has about a one-in-three chance of falling off the fiscal cliff if political dysfunction holds sway in the U.S., says Mohamed El-Erian, Co-CEO of PIMCO, the global asset management firm.
Italy jobless woes continue
CNN’s Ben Wedeman on how workers in southern Italy are increasingly despondent about their future prospects.