UNEMPLOYMENT

Thinktank says global growth will slow, eurozone will sink into recession and Britain may need to abandon debt target.

The eurozone finance ministers and the IMF agree on a €40bn debt reduction and about €43.7bn fresh loans for Greece, despite conflicting views.

New Zealand tops the list while UK just manages to bag 10th slot on Forbes' Best Countries for Business list.

Ruling Convergence and Union brought down to 50 seats from 62 in the 13-seat assembly.

Asian markets have advanced in the week, as the weak Yen and economic indicators from the world's largest economies boost investor sentiments.

Eurozone finance ministers delay agreement again on Greek bailout fund decision, citing technicalities.

Labour MP Steve Pound urges food giant to show loyalty to workers on news of factory and distribution centre shutdowns.

Alarming health study puts Scotland bottom of 20-country mortality league.

The Economist has attracted the wrath of France's Prime Minister with its incendiary cover story, but financial market professionals seem unimpressed by tame attack on Gallic finances.

Every month commentators use headline figures to bash each other's head in, but they really need to look deeper at the UK economy data.

The region's second recession in three years comes amid increasingly violent protests over spending cuts and austerity measures.

IBTimes UK explores why there is an apparent paradox in the labour market data from the ONS.

Mervyn King says Britain faces "unappealing" mix of faster inflation and slow growth as uneven recovery path begins next year.

London 2012 boost gone as more Britons claim the dole though employment rate improves.

Anti-austerity protests are expected to disrupt public life and restrict transport links across the continent.

With two vast industries left untapped by the Treasury, IBTimes UK explores the economic case for decriminalising drugs and prostitution.

Index of permanent jobs shows fastest rise in vacancies for almost a year and a half, though UK economy's outlook worsens.

Greek police fire teargas and water cannons at protesters during rally against austerity at Syntagma Square in Athens.

Live coverage of the US presidential election for 2012. Barack Obama has been re-elected President of the USA

Nikkei trades 0.29 percent lower while KOSPI is down 0.38 percent. Shanghai and Hang Seng index gain 0.60 and 1.33 percent.

With opinion polls predicting a close call, Obama and Romney continue their focus on swing states, especially Ohio, which holds the key to the White House.