IMF admits 'notable failures' in 2010 Greece rescue The International Monetary Fund on Wednesday admitted to significant failures in the first Greek rescue that forced a second, larger bailout and left the country in a deep recession.
06 June 2013
China's Xi sees new 'golden era' in Latin America President Xi Jinping on Wednesday heralded the dawn of a new "golden era" for Latin America during a visit to Mexico and urged the region to hitch its economic development to China's solid growth.
06 June 2013
US moves help Iranians get on line but hit economy The US is making it easier for information-hungry Iranians to get on the Internet and use social media, but has also slapped new sanctions on the economy that could make their lives more painful.
06 June 2013
Global economy may be in 'softer patch': Lagarde The head of the International Monetary Fund, Christine Lagarde, warned Tuesday the global economy may be slowing more than thought just over a month ago.
05 June 2013
Portugal 'should leave euro': best-selling economist A Portuguese economist, whose book "Why We Should Leave the Euro" has become a rapid best-seller, says it is only a matter of time until his crisis-wracked country leaves the troubled currency.
04 June 2013
World newspapers mull paywalls for survival Global newspaper chiefs have some rare good news to share after years of slumping print sales and advertising revenues -- readers appear increasingly willing to pay for online news.
China's Xi in Trinidad to boost Caribbean trade Chinese President Xi Jinping arrived in oil-rich Trinidad and Tobago late Friday for the first leg of a Latin America and Caribbean tour aiming to strengthen Beijing's trade ties in the region.
02 June 2013
EU, IMF, praise Greek progress battling debt Greece on Friday received a vote of confidence from international creditors over progress in overhauling its stricken economy -- and a fresh injection of cash from the IMF.
01 June 2013
Obama approval ratings down amid political flaps President Barack Obama's approval ratings took a hit over the past month as he wrestled with controversies over the IRS, Benghazi and the secret seizure of journalists' phone records.
Japan retains status as top creditor nation Japan kept its position as the world's largest creditor nation for the 22nd straight year in 2012, government data showed Tuesday, as the dollar's gains helped inflate the value of overseas assets.
28 May 2013
Brussels expected to up pressure for economic reformThe European Commission is expected on Wednesday to increase the pressure on several countries, particularly France, to speed up structural reforms seen as the only reliable way to boost growth and job creation.
28 May 2013
Kerry unveils $4 bn Palestinian investment plan US Secretary of State John Kerry unveiled Sunday a plan to boost the Palestinian economy by attracting $4 billion in private investment, saying it could transform the lives of the people.
27 May 2013
Japan PM visit boosts huge Myanmar industrial zone Japan's premier agreed Saturday to press on with work on a major industrial zone near Yangon on a visit to Myanmar aimed at deepening economic ties with the former junta-ruled nation.
26 May 2013
China, US to try new tone in desert outing China and the United States are hoping for a new chance to set the course for smoother relations through a secluded desert summit as the Asian power's leader Xi Jinping projects a more confident style.
24 May 2013
EU leaders look to energy for growth boost EU leaders, desperate to give growth a boost, target energy policy Wednesday amid concerns a US-led revolution in shale oil and gas development will reshape the global economy and leave Europe far behind.
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