BBC World Service
World financial markets have been see-sawing in recent days amid talk China may or may not give an extra stimulus to its economy. China, the world's second largest economy, growth was running near 9 percent last year.
A tentative deal has been reached to extend the payroll tax cut, as well as some unemployment benefits and Medicare payments. As the economy stays sluggish, we're in an era of seemingly endless government stimulus.
News In Brief
President Obama and Congress have reached a truce. Obama agreed to keep the Bush-era tax rates the same for all Americans for two years, and in...