AMSTERDAM (AP) — Growing optimism over the U.S. economy helped shore up global markets Monday despite tensions in China’s credit markets. Germany’s DAX and the main U.S. indexes all struck record highs, albeit on a […]
BRUSSELS (AP) — Cyprus secured a $13 billion package of rescue loans in tense, last-ditch negotiations early Monday, saving the country from a banking system collapse and bankruptcy that could have destabilized the entire euro area.
WASHINGTON (AP) – International Monetary Fund chief Christine Lagarde says the threat of financial collapse in the global economy appears to have eased, but has a warning for developed economies.
LILONGWE, Malawi (AP) — The chief of the International Monetary Fund is in Malawi to assess reforms aimed at steering the southern African nation out of an economic crisis. Opponents of the measures say they only make matters worse.