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Deflation blow hits Romania hard in Jan

Bloomberg Romania’s first bout of deflation in more than 25 years worsened in January after a new round of tax cuts came into force, but the decline in prices was less than expected. Prices fell 2.1 percent from a year earlier after a 0.9 percent decline in December, the National Statistics Institute said on Monday in an e-mailed statement. The ...

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Greek farmers end blockade of Athens

ATHENS / AP Angry Greek farmers clashed with riot police in Athens then paraded their tractors and pick-ups outside parliament on Friday, in their first big protest in the capital against pension reform plans after weeks of road blockades. Officers guarded the entrance to the agricultural ministry and fired tear gas to disperse protesters who hurled tomatoes, eggplants and stones ...

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Japan’s Nikkei jumps 7 percent, leads world stocks higher

Tokyo Tokyo stocks soared on Monday as a weaker yen and bargain-hunting drove a rebound from last week’s hammering on global equity markets. The benchmark Nikkei 225 index at the Tokyo Stock Exchange jumped 7.16 percent, or 1,069.97 points, to 16,022.58, clawing back from a loss of more than 11 percent last week. The broader Topix index of all first-section ...

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