Brazilian President Dilma Rousseff on Thursday picked economist Joaquim Levy to be her new finance minister, a post where he will direct the administration's economic policy.
New Delhi: After months-long deadlock, the World Trade Organisation approved a framework for a global pact to ease customs norms after accepting India's demand to remove constraints on food stockpiling.
European Commission President Jean-Claude Juncker addresses the European Parliament on Wednesday. The former Luxembourg leader survived a no-confidence vote on Thursday over his role in the country's contentious tax practices.
Germany's unemployment rate has hit a record low, but slower inflation has raised concerns over deflation. The Federal Statistical Office revised October's unemployment number from 6.7% to 6.6%, November's figure was also 6.6%.
A top European Central Bank official has insisted policy makers must do all they can to boost weak eurozone inflation, in spite of warnings that any extension to the ECB's bond-buying spree could increase risks for the bloc's financial system.