Government, Corporate Bond Risk Rises as Global Slump Deepens
Dec. 4 (Bloomberg) -- The cost of hedging against losses on corporate and government bonds rose for a second day amid signs the global recession is worsening.

Iran Confronts an 'Economic Evolution': Ahmadinejad's Plan to Curb Government Subsidies Threatens to Alienate Recipients
TEHRAN, Dec. 3 -- Gasoline? It's 36 cents a gallon. Laundry detergent? Fifty cents for a standard-size box. Milk? About 20 cents a quart. These prices are so low because Iran's government spends half its national budget to subsidize many of life's necessities. Not for long.

European Government Bonds Fall as Traders Judge Rally Overdone
Dec. 4 (Bloomberg) -- European government bonds fell as traders judged the rally that pushed two-year yields to the lowest level since June 2003 wasn?t justified by the outlook for further interest-rate cuts.

Bernanke Says Government Must Step Up Efforts on Foreclosures
Dec. 4 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said the U.S. government must step up efforts to prevent home foreclosures, with options including buying delinquent mortgages and providing bigger incentives for refinancing loans.

European Government Notes Decline; Yield Rises to 2.13 Percent
Dec. 4 (Bloomberg) -- European government notes dropped, reversing gains. The decline pushed the yield on the German two-year note up four basis points to 2.13 percent by 4:08 p.m. in London, after slipping to 1.98 percent.

Government Must Find Way To Save Auto Industry, Dodd Says
Government Must Find Way To Save Auto Industry, Dodd Says

European Government Notes Hold Gains as ECB Cuts Rate to 2.50%
Dec. 4 (Bloomberg) -- European government notes stayed higher after the region?s central bank cut its main interest rate by the most in its 10-year history to revive the slumping economy.

Canadian government in vice-regal hands
OTTAWA, Dec. 4 (UPI) -- The future of Canada's embattled national government was in the hands of the British queen's representative in Ottawa Thursday.

Heathrow Runway Decision Delayed Until January, Government Says
Dec. 4 (Bloomberg) -- London Heathrow Airport?s plans for a third runway won?t get a decision from the U.K. government until next month after new Transport Secretary Geoff Hoon said he needed more time to assess the application.

UK union protests government office closures
Britain's public service union says government plans to close Revenue and Customs offices will cost 3,400 jobs.

Government 'must be firm on arms'
The government must stand firm on its deadline for loyalist decommissioning, SDLP leader Mark Durkan says.

SEC chairman says government must build 'exit strategy' for financial rescue plan
WASHINGTON - The top U.S. securities regulator says the government must start to build an "exit strategy" that includes taxpayer protections for its massive financial rescue plan.

UK union protests government office closures
Britain's public service union says government plans to close Revenue and Customs offices will cost 3,400 jobs. The government says it plans to avoid layoffs when relocating staff and accuses the union of scaremongering. More than 90 out of nearly 600 customs...

UK biotech bosses call for Government rescue
Leading figures from the UK biotechnology sector have called on the Government to invest £500m to rescue the industry.

Government moves up budget
Calling for political and economic stability, Finance Minister Jim Flaherty set a budget date of Jan. 27th and announced Sunday a partial retreat on measures that have helped trigger opposition plans to try to defeat the minority Conservatives and form a coalition government.

SEC chairman says government must build 'exit strategy' for financial rescue plan
Securities and Exchange Commission Chairman Christopher Cox said Thursday the government must start to build an "exit strategy" that

Washtenaw County business, government, education and nonprofit leaders forge plan for regional economic success
About 70 Washtenaw County leaders in business, government, education and non-profit sectors have been quietly drawing up a roadmap of how to turn the county's economy around over the past year. Releasing the 10-year strategy online on Thursday, the group...

Bloc would be key partner in coalition government
Bloc Quebecois Leader Gilles Duceppe could emerge as one of the most powerful people in Canada should the Liberals and the New Democrats succeed in their bid to replace Prime Minister Stephen Harper's Conservative administration with a coalition government.

New Zealand: Local Government Focus Required
New Prime Minister Hon John Key ( NZ Herald article ) of the National Party led Government is strongly of the view that New Zealand?s problems centre around a lack of growth.

German Government Wind Pwr Goal Doubtful On Financial, Tech Risks -PWC
FRANKFURT -(Dow Jones)- Incalculable technical risks and uncertain project funding due to the financial crisis are jeopardizing the German government's plan to massively expand the country's power generation capacity off its coasts, consultant company PricewaterhouseCoopers said Thursday.