- The federal government's budget deficit rose sharply in November as spending raced ahead of tax receipts. The Treasury Department reported Monday that the deficit totaled $83.1 billion, the highest imbalance ever recorded in November.
- The Federal Reserve is widely expected to raise official interest rates again at its next policy meeting on Dec. 13, which would be the 13th straight increase.
- Mexico cut its economic growth estimate for 2005 to about 3 percent from 3.5 percent, hurt by weakness in the manufacturing sector.
- Japan's current account surplus widened by 2.6% to 1.38 trillion ten ($11.4 Billion) in October.
- India's industry grew in October at 8.5% the fastest pace in four months as rising incomes and consumer borrowing spurred sales.
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