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Germany blamed for banking reform delays

Angela Merkel Close Up

The two-week political stalemate in Washington might be dominating the headlines, but across the Atlantic, euro zone ministers have been wrangling over a vital piece of financial regulation for months.

Dimon: 'US can not and will not default'

The White House

The U.S. shouldn’t risk defaulting on its debt because doing so would wreak havoc in the world’s economy and financial markets, said the heads of JPMorgan, Deutsche Bank and Pacific Investment Management.



Cinese Flag

China GDP forecast to be just under 7%

The importance of China to the global financial system is to be illustrated again on Monday as the world’s second-largest economy releases its estimate of third-quarter gross domestic product.