- Bush is asking Congress to increase federal spending by 2.3% in 2007 to $2.77 trillion with a projected shortfall of $354 billion.
- Dallas Federal Reserve President Richard Fisher said on Monday that U.S. fourth quarter growth could be revised higher and the country's rampant housing market did not pose the danger that many think.
- Manufacturing orders in Germany were down 1.6% in December.
- Canada's building permits were up 9.3% YoY.
- Brazil's economy could grow faster if the government were to spend less and use its money more efficiently, Finance Minister Antonio Palocci said on Monday.
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