US job growth less than expected The US economy created 138,000 jobs in April as unemployment stayed at 4.7%, official figures show.
US budget deficit set to shrink A surging economy and the ensuing rise in federal tax revenues could cut the US budget deficit this year, says a report.
Africa 'coping' with oil prices The IMF says African countries even non-oil producers - are dealing better with high oil prices than in the past.
South Americans cut energy deal Four South American leaders agree to negotiate new prices for Bolivian gas and keep supplies flowing.
Oil prices 'threaten Asian boom' Escalating oil prices could cut economic growth across Asia by at least 0.6%, the Asian Development Bank warns.
Global child labour figures fall The number of children in work worldwide falls for the first time, but Africa still has huge problems, a study finds.
EU urges Kazakh gas pipeline Top EU and US officials visit Kazakhstan to revive the idea of a gas pipeline which would bypass Russia.
