Bernanke, Italian Election, Oscars: Week Feb. 23-March 2

Federal Reserve Chairman Ben S. Bernanke will give half-yearly testimony to U.S. congressional committees about the outlook for the world’s largest economy.

U.S. automatic budget cuts totaling $1.2 trillion may begin to take effect unless President Barack Obama and Republicans in Congress agree on a compromise.

Chinese February manufacturing data will indicate if that nation’s economy continued to recover from a slowdown. South Korea will inaugurate its first female president.

Pope Benedict XVI will retire at the Vatican.

MONDAY, FEB. 25

TUESDAY, FEB. 26

WEDNESDAY, FEB. 27

THURSDAY, FEB. 28

FRIDAY, MARCH 1

SATURDAY, MARCH 2

Note to our readers: Click on blue ECONOMY headline at bottom of each day for access to Bloomberg’s complete global economic calendar.

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