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• A rally could happen but some big "ifs" (Reuters)
• Italy's Monti reviews finances before EU meetings (Reuters)
• Greek PM heads for Brussels to try to secure cash (Reuters)
• U.S. money funds seen at risk from Europe's debt storm (Reuters)
• China vice premier sees chronic global recession (Reuters)
• Governance group urges Tokyo bourse not to delist Olympus (Reuters)
• Deep spending cuts pose a new threat to US economy (AP)
• Spain election dominated by its economic woes (AP)
• Ermotti says UBS strategy has Weber's full backing: report (Reuters)
• Cyprus president to visit offshore gas rig (AP)

A rally could happen but some big "ifs" (Reuters) Posted: 20 Nov 2011 08:47 AM PST Reuters - Wall Street is in for a volatile run this week as escalating problems in Europe's debt crisis continue to keep investors on their toes.

Italy's Monti reviews finances before EU meetings (Reuters) Posted: 20 Nov 2011 04:37 AM PST Reuters - Newly installed Prime Minister Mario Monti got straight to work at the weekend, reviewing Italy's parlous finances before a round of meetings in coming days with European leaders to discuss the growing euro zone debt crisis.

Greek PM heads for Brussels to try to secure cash (Reuters) Posted: 20 Nov 2011 07:20 AM PST Reuters - Greece's new prime minister headed to Brussels on Sunday to fight for the aid Athens needs to avoid bankruptcy, even as one of his coalition backers refused to give a written pledge to support reforms and a public sector union geared up for strikes.

U.S. money funds seen at risk from Europe's debt storm (Reuters) Posted: 20 Nov 2011 04:19 AM PST Reuters - When Lehman Brothers collapsed in 2008 and shattered the belief that U.S. money market funds would never "break the buck," Washington rushed to limit the damage.

China vice premier sees chronic global recession (Reuters) Posted: 19 Nov 2011 10:41 PM PST Reuters - A long-term global recession is certain to happen and China must focus on domestic problems, Chinese Vice Premier Wang Qishan has said.

Governance group urges Tokyo bourse not to delist Olympus (Reuters) Posted: 17 Nov 2011 09:39 PM PST Reuters - A corporate governance advocacy group whose members include institutional investors that collectively manage assets of more than $10 trillion urged Tokyo's stock exchange on Friday not to delist disgraced Olympus Corp (7733.T).

Deep spending cuts pose a new threat to US economy (AP) Posted: 18 Nov 2011 08:51 AM PST AP - Just as the U.S. economy is making progress despite Europe's turmoil, here come two new threats.

Spain election dominated by its economic woes (AP) Posted: 20 Nov 2011 08:16 AM PST AP - Spaniards braving 21.5 percent unemployment and bleak prospects for economic growth voted Sunday in a general election expected to yield a landslide win for opposition conservatives.

Ermotti says UBS strategy has Weber's full backing: report (Reuters) Posted: 20 Nov 2011 03:20 AM PST Reuters - Swiss bank UBS's strategy to slash risky assets by almost half and pay its first dividend since the financial crisis has the full backing of Axel Weber, its newly-crowned Chief Executive Sergio Ermotti said in a Swiss newspaper on Sunday.

Cyprus president to visit offshore gas rig (AP) Posted: 20 Nov 2011 05:48 AM PST AP - Cyprus' president plans to visit a U.S. rig on Monday that is carrying out exploratory drilling for gas off the island's coast, despite protests from Turkey that the hydrocarbon search ignores the rights of breakaway Turkish Cypriots.

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