Obama promises to veto any spending bill with sequestration cuts; Ontario education funding to remain at $22.5bn; Montana gets 92% in transparency in government spending; and other stories from the US and Canada.
New Zealand government to spend $1.5bn fixing up state houses; budget ‘spending problem’ hits Australia’s PM repair timetable; South Korean economic policymakers say they are facing immediate 'deadlines' for reforms; and other stories from India, Vietnam and Malaysia.
Brazilian economy on path to biggest contraction since 1990, says central bank survey; Ecuador expects $4bn loans from China in 2015; Colombia central bank holds rate at 4.5% as GDP slows; and other stories from Trinidad and Peru.
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