BERLIN - STRONG growth in Germany's renewable energy sector along with increased state spending for environment protection could help shorten the country's worst post-war recession, the government said on Tuesday.
WASHINGTON - US FEDERAL Reserve Chairman Ben Bernanke warned on Tuesday that unless government efforts succeed in restoring financial stability, the nation's recession may not end this year.
Mr Bernanke told lawmakers that the sharply shrinking economy was at further risk from mutually reinforcing weakening growth and financial market strain.
NEW YORK - WALL Street is up moderately higher as investors await a reading on consumer confidence and Federal Reserve Chairman Ben Bernanke's testimony on monetary policy.