A recent study by the Center for Economic Policy Research says that, in order to ease imbalances, the European Union needs to ma

A recent study by the Center for Economic Policy Research, or CEPR, in London says the best way to ease imbalances would be for Asian governments, the United States and the European Union to coordinate policy. It says that while Asia needs to make changes, the US also has to save more and cut spending.

Talks aimed at getting North Korea to stop trying to make nuclear weapons ended on Saturday with no significant breakthrough, but with all sides saying they are prepared to keep talking. The bare bones of a possible deal had emerged on Friday: North Korea would end its military nuclear programme in return for aid from China, Russia and South Korea.