Economics / Markets

The International Monetary Fund(IMF) has warned of an increased risk of recession from Q3 for the US and to a lesser extent the UK and France.

US president Barack Obama said the wealthy and corporations should pay their "fair share" to cut the country's deficit.

Market volatility will continue this week, with income stocks attracting the eyes of investors, says Barclays Wealth equity strategist Henk Potts.

The FTSE 100 sold off sharply in early trading alongside indices across Europe as fears over a break-up of the region swept across markets once again.

Ratings agency Moody's has extended its review of Italy's Aa2 credit rating by a further 30 days as it assesses the country's financial position.

Good afternoon readers - below are five key articles from this week's IFAonline.co.uk...

Markets rise on central banks' action, Google helps SMEs, and Goldman Sachs closes the jewel in the hedge fund world's crown - our round-up of the news from the nationals.

UBS has said it has discovered a loss in the region of $2bn as a result of rogue trading in its investment banking division.

The FTSE has opened trading in positive territory amid signs European policy makers are moving to stem the eurozone debt crisis.

European leaders have assured Greece its future remains within the eurozone but warned it must implement the tough austerity measures set out as part of its rescue plan.