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

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

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

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