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In Other Global News, Andrew Liveris has donated six million dollars to the Japan Relief Fund.

U.S. Economy

Geithner presses Europe to increase crisis firewall (Reuters)

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Treasury Secretary Timothy Geithner speaks at the Charlotte Chamber of Commerce in Charlotte, North Carolina January 25, 2012. REUTERS/Chris KeaneReuters - U.S. Treasury Secretary Timothy Geithner pressed Europe on Friday to boost its bailout fund resources, citing the euro zone debt crisis and oil prices as the two main factors influencing the pace of the United States' economic upturn.


U.N. passes leaner 2012-2013 budget amid economic turmoil (Reuters)

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Reuters - The U.N. General Assembly on Saturday approved a 5 percent decrease in the United Nations' budget for 2012-2013 over the previous two-year period, only the second time in 50 years that the world body has slashed its spending.

World economy to trudge on in 2012 despite Europe: Reuters poll (Reuters)

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Reuters - Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the United States should at least keep the world economy moving in the right direction.

World economy to trudge on in 2012 despite Europe: Reuters poll (Reuters)

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Reuters - Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the United States should at least keep the world economy moving in the right direction.

Somalia appeals against U.S. wire transfer closure (Reuters)

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Reuters - Somalia appealed against a decision by a U.S. bank to shut down its money transfer service that serves as a lifeline for tens of thousands of Somalis who depend on remittances, saying the closure could lead to the collapse of the economy.

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