Greeks swept rocks and broken glass from the streets of Athens on Monday after a night of violence that gave lawmakers a taste of the challenge they face in implementing a deeply unpopular austerity bill demanded by the country's foreign lenders.
Commodities from copper to crude oil, in three years to five years, may plummet anywhere from 50 per cent to 70 percent from existing level prices as a domino effect of a China potentially falling into a recession by 2015, a mutual fund CEO said.
Poverty in Nigeria is rising with almost 100 million people living on less than $1 a day, despite strong growth in Africa's second largest economy, data showed on Monday.
UK's five biggest banks miss lending targets for smaller businesses, says Bank of England.
Although the Confederation of British Industry played down recession threats on Monday, a study by the Chartered Institute of Personnel and Development (CIPD) paints a dismal picture of the job scene.
The UK economy is under significant pressure in the shadow of uncertainty cast by the eurozone debt crisis which is resulting in its losing the momentum of recovery.
An increasingly violent insurgency by Islamist sect Boko Haram in Nigeria's economically stagnant north has begun pressuring the country's finances by forcing extra spending on security. It could be costing as much as 2 percent of the country's gross domestic product.