Oil imports fuel eurozone deficit The eurozone records a bigger-than-expected trade deficit in April after importing more oil and consumer goods.
China to stem 'excessive' credit China's central bank says it will stem the "excessive" growth of credit to stop the economy overheating.
GM Europe workers stage protests Western European workers at General Motors pressurize the US carmaker over its threat to shut an assembly plant in Portugal.
India-China trade link to reopen China and India sign an agreement to reopen an ancient trade route which was closed 44 years ago.
Russia sees WTO entry soon Russian President Vladimir Putin voices optimism that its WTO membership will be finalised by the middle of July.
Poverty 'driving' benefit fraud People working while claiming benefits do so often because they are in dire financial trouble, a study suggests.
US deficit eases as oil steadies The US current account deficit narrows to $208.7bn in the first quarter, helped by steadier oil prices.
Bush warns against protectionism The US president warns against protectionism and says "tough decisions" must be made on trade talks.
