International Monetary Fund
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 […]
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 […]
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.
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.
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.
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.
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.
NEW YORK (AP) – Former International Monetary Fund leader Dominique Strauss-Kahn and a New York City hotel maid have signed a settlement of her sexual-assault lawsuit. A judge announced the deal on Monday. The amount […]