Obama: EU 'must focus on growth'US President Obama wraps up a G8 summit saying that leaders agree economies must focus on jobs and growth to boost recovery.China property prices fall againChinese property prices continued to fall during April after the government kept policies in place to curb speculation.Report 'to urge cutting red tape'The prime minister is this week expected to back a plan to help boost growth by cutting employment red tape.EU 'plans for Greek exit option'The EU Commission and European Central Bank are making contingency plans for a possible Greek exit from the euro, an EU commissioner says.Spain's cost of borrowing jumpsThe cost of borrowing on the international money markets rise sharply for Spain as investors fear further financial turmoil in Europe.Cameron defends his euro warningDavid Cameron says it was "more dangerous to stay silent than to speak out" - and insists there will be no retreat on deficit reduction.France questions EU fiscal pactFrance's new finance minister reiterates that the country's new socialist government will not ratify the European Union's fiscal pact.English house building falls backThe number of new homes started by house builders in England fell again in the first three months of the year, according to official figures.Rebuilding spurs Japan economyJapan's economy grows by 1.0% between January and March compared with the previous three months, official figures show.Some work schemes 'of no benefit'A parliamentary committee questions the length and quality of some apprenticeships, saying six month programmes are of no real benefit.Chinese gold demand hits recordChinese demand for gold hit a record in the first quarter of 2012 and it remains the world's biggest market for gold, the World Gold Council says.VIDEO: How can countries go bust?How can countries or governments go bust?VIDEO: Why do banks go bust?We've all become acutely aware in recent years how easily a big bank can reach the point of collapse. But why does it happen?VIDEO: What is the IMF?The International Monetary Fund touches a raw nerve in many developing countries, and is now doing the same in some European ones.VIDEO: What is Quantitative Easing?Central banks, including the Bank of England / the US Federal Reserve, are using "quantitative easing" to bolster their economies, but what is it?VIDEO: What is austerity?Greece provides a lesson in how raising taxes and cutting spending can be a painfully uphill, and even self-defeating, task.VIDEO: What are bonds?When a government or a big company wants to borrow money, it issues what is known as a "bond" - but what exactly is it?What next if Greece quits the euro?What happens if Greece quits the euro?Euro fears on the streets of SpainSpain, feeling fragile, looks to Germany for helpThe rise of underemploymentThe growing problem of underemploymentWhy female unemployment has risenWhy women's joblessness is rising faster than men'sHow would Greece leave the euro?How would Greece actually leave the euro?Homeland calling UK's BraziliansWhy UK's Brazilians feel the urge to return homeWhat would a growth agenda look like?What can governments do to promote growth?

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