- Leaders at the G20 summit in Canada have agreed to cut national budget deficits while endeavouring to promote economic growth.
- Britain and the US have agreed that they want a "strong and stable" BP, as the oil company faces intense pressure over the Gulf of Mexico oil leak.
- Tens of thousands of demonstrators in Taiwan have been venting their anger at a trade deal with China, to be signed on Tuesday.
- Romania plans to raise value-added tax (VAT) to 24% in an effort to curb the country's deficit, the prime minister has said.
- The US Congress has all but finalised the biggest reform of US financial regulation since the Great Depression.
- The US economy grew at an annual rate of 2.7% in the first three months of 2010, slower than previously estimated.
- The Indian government has opted to scrap its subsidy of petrol prices in an effort to cut its budget deficit.
- Italians are taking part in a general strike organised by the country's largest trade union to protest against government austerity measures.
BBC Business News 28th June 2010
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