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Page last updated at 18:11 GMT, Sunday, 8 November 2009

US Treasury Secretary Timothy Geithner (L) talks to British Finance Minister Alistair Darling at a G20 meeting in St Andrews, Scotland. G20 vows to spur fragile growth
The recovery is too weak to end stimulus moves, G20 ministers say, as Britain suggests a transaction tax to fund bailouts.

Construction workers in Virginia US jobless rate rises to over 10%
The US economy lost 190,000 jobs in October, taking the jobless rate above 10% for the first time since 1983.

Indian tea picker South Korea approves India deal
South Korea ratifies a free trade deal with India that will give the two Asian countries greater access to each other's markets.


OTHER TOP STORIES

Ukraine 'pays Russian gas bill'
Ukraine says it has paid its gas bill to Russia, calming fears that Europe may suffer disruptions to gas supplies.

Major economies 'all recovering'
Major economies are showing strong signs of recovery, the Organisation for Economic Co-operation and Development says.

Australia raises growth forecasts
The Reserve Bank of Australia says the country is growing faster than it had expected.

G20 ministers meet in St Andrews
The world's most powerful finance ministers are in St Andrews for a summit aimed at pulling the global economy out of recession.

US hits China pipes with tariffs
The United States imposes high anti-dumping tariffs on Chinese pipes as trade disputes mar the run-up to a bilateral summit.

US shares rise on business data
US shares rise strongly after official figures show business productivity has risen at its highest rate in six years.


MORE FROM ECONOMY

More house price falls forecast
The recovery in UK house prices could be punctuated by a 6.6% drop in values next year, property group Savills forecasts.

Extra £25bn to stimulate economy
The Bank of England is to pump an extra £25bn into the economy but has kept interest rates unchanged at 0.5%.

Christmas shoppers 'undeterred'
Christmas shoppers will spend as much this festive season as last year despite the UK remaining in recession, Deloitte predicts.

China defends export restrictions
China denies claims by the US, EU and Mexico that it is unfairly constraining exports of some raw materials.

Euro interest rates unchanged
The European Central Bank keeps interest rates on hold at 1% as rising unemployment weighs on economic confidence.

Iceland interest rates cut to 11%
Iceland cuts interest rates to 11% from 12%, as hopes build that the country's economy is starting to stabilise.

Savers suffering from low rates
Nearly half of all UK variable rate savings accounts pay interest of 0.5% or less, says information service Moneyfacts.

US interest rates left unchanged
The Federal Reserve keeps US interest rates on hold at between 0% and 0.25% to help the economic recovery, as expected.

China 'boosts East Asian growth'
The World Bank raises its forecasts for East Asian growth, largely as a result of an economic rebound in China.

Gold hits new high on India deal
The price of gold reaches an all-time high after a large sale of the precious commodity by the International Monetary Fund to India.

Small fall in Irish jobless total
The unemployment rate in the Irish Republic fell in October for the first time in almost two years, official figures show.

New Australia interest rate rise
Australia, which managed to avoid recession, raises its main interest rate once again - this time from 3.25% to 3.5%.

Spanish benefit claimant total up
The number of people seeking unemployment benefits in Spain rose by 98,906 in October, government figures show.

Cash crackdown in Nigerian banks
Nigeria's central bank orders banks to report suspicious cash transactions from people involved in politics.

Drinkers get VAT New Year break
New Year's Eve revellers will get an extra six hours of reduced-VAT drinking, the government announces.

Libyans 'unlikely' to compensate
A lawyer who has advised Libya in the past says it is unlikely victims of the IRA in NI will be compensated.

Debt management under focus
A watchdog is to monitor the largely unregulated debt management industry to ensure fair treatment for customers.


ALSO IN THE NEWS

Craving for raw garlic sees Irish finance minister through crisis
An economist reveals Irish Finance Minister Brian Lenihan's unlikely fondness for munching on raw garlic.


FEATURES, VIEWS, ANALYSIS

Afghan resources
There is more than just poppy dollars in Afghanistan

Darling project
G20 finance ministers to pursue banking reform

Recovery signs
Signs of confidence despite the shrinking economy


FEATURES, VIEWS, ANALYSIS

Lessons learned
The BBC Box returns from a year of globe trotting

Holy water
Ghana spa hopes to spark health tourism boom



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