Greece has denied being intransigent in its dealings with eurozone officials, ahead of another crucial week for the cash-strapped country.
Britain could fall into deflation this week for the first time in more than half a century, the result of an escalating supermarket price war and falling energy prices.
Britain will go a whole parliament without an increase in interest rates for the first time since the immediate aftermath of the second world war, after the Bank of England left official borrowing costs on hold.
The Federal Reserve said on Wednesday that growth in the US economy had slowed and officials were divided on whether to raise interest rates for the first time since the global recession.
Britain’s businesses experienced a slowdown in economic expansion in the first three months of 2015, with both manufacturers and services hit, according to the latest quarterly survey by the British Chambers of Commerce.
Goldman Sachs economists say it is now a close call on whether the Federal Reserve raises rates for the first time in September, as the firm had forecast, or in December.
Americans' views on the state of the economy reached new heights in the latest CNBC All-America Economic survey with a record 27 percent judging the economy as excellent or good, the highest level in eight years.
The Bank of England is expected to leave interest rates on hold at 0.5% this week, marking the first time in more than half a century that a government has enjoyed unchanged borrowing costs for its entire term.
A strong warning that austerity policies can do more harm than good has been delivered by economists from the International Monetary Fund, in a critique of the neoliberal doctrine that has dominated economics for the past three decades.
Federal Reserve chair Janet Yellen had a message for Wall Streeters anxiously wanting to depart for the long weekend on Friday: interest rate hikes are coming.
The G7 leaders have issued a joint declaration in which they warn that Britain leaving the European Union would be a threat to the global economy.