International Monetary Fund

New prime minister Arseniy Yatsenyuk, speaks to lawmakers during a session at the Ukrainian parliament in Kiev, Thursday, Feb. 27, 2014. (AP Photo/Sergei Chuzavkov)

Ukrainian prime minister announces resignation

KIEV, Ukraine (AP) — Ukrainian Prime Minister Arseniy Yatsenyuk announced his resignation Thursday, opening the way for new elections that would reflect the country’s starkly changed political scene after the ouster of pro-Russian President Viktor […]


International Monetary Fund (IMF) Managing Director Christine Lagarde show photographers IMF anniversary cookies as IMFC Chair Tharman Shanmugaratnam looks on, Saturday, April 12, 2014, during the International Monetary and Financial Committee (IMFC) meeting at World Bank Group-International Monetary Fund Spring Meetings in Washington. ( AP Photo/Jose Luis Magana)

Finance officials: Global economy turns the corner

WASHINGTON (AP) — The world’s top finance officials expressed confidence Saturday that the global economy finally has turned the corner to stronger growth. This time, they may be right. Despite challenges that include market jitters […]


Federal Reserve Chairman Ben Bernanke listens while participating in a panel at the International Monetary Fund (IMF) in Washington Friday, Nov. 8, 2013, on "The Crisis as a Classic Financial Panic." (AP Photo/Jacquelyn Martin)

Bernanke: Fed has greater power to combat crises

WASHINGTON (AP) — Chairman Ben Bernanke said Friday that the Federal Reserve is drafting rules to close large insolvent banks without bringing down the broader financial system, one of many steps regulators must take to […]


Greece flag. (AP Photo)

Greece to close state broadcaster to save money

ATHENS, Greece (AP) — Greece is to close down all its state-run TV and radio stations with the loss of some 2,500 jobs as part of its cost-cutting drive demanded by the bailed-out country’s international […]


Oil barrels

Oil slide continues, falls below $87 a barrel

NEW YORK (AP) — Oil dove again Wednesday, the latest in a series of declines that has pushed the price down by $10 a barrel over two weeks. An Energy Department report suggested more drivers are staying home, giving them no reason to fill up their tanks.


Michalis Sarris, Finance Minister of Cyprus (AP Photo)

Cypriot finance minister resigns amid crisis probe

NICOSIA, Cyprus (AP) — Cyprus finance minister, Michalis Sarris, resigned Tuesday after less than five weeks in the job, to make way for a government investigation into how the country’s economy nearly collapsed last month.


(AP Photo)

Cyprus secures bailout, avoids bankruptcy

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.


Gas Prices Down

Oil near $90; drivers see some relief at the pump

NEW YORK (AP) — Oil dropped below $90 a barrel for the first time this year Monday, and pump prices dropped 3 cents over the weekend as drivers catch a break after two months of steep increases.


Christine Lagarde, International Monetary Fund managing director (AP Photo)

IMF’s Lagarde sees improved world economic outlook

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.


Christine Lagarde, International Monetary Fund managing director (AP Photo)

IMF chief in Malawi to assess reforms

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.




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