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Fitch warns of U.S. downgrade if no budget deal in 2013

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Fitch Ratings gave the United States until 2013 to come up with a "credible plan" to tackle its ballooning budget deficit or...

Togo 2012 budget sees 4.5 pct growth, slight deficit

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Togo's economy is forecast to grow by 4.5 percent next year, according to the government's proposed budget, which will raise spending by...

SA finance minister Gordhan faces tough budget balancing act

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South Africa's government has long prided itself on fiscal discipline, but will be forced to increase spending this year to help create...