Argentina presents conditions for debt repayment
Argentina on Friday offered two New York hedge funds to repay its debt to them with cash and new bonds on conditions similar to those used in a 2010 debt swap.
Italy government talks end with no solution in sight
Italy remained in political limbo on Friday after talks to break a deadlock created by inconclusive polls ended with no solution in sight.
Italy struggles to break government deadlock
Italy was left struggling to form a government after leftist leader Pier Luigi Bersani on Thursday lost his bid to end an impasse created by elections with no clear winner in the eurozone's third-largest economy.
Poles will have to okay eurozone entry: minister
Poles will have to okay eurozone entry in a referendum, a senior minister said Wednesday, echoing the prime minister's recent endorsement of a public vote on joining the unpopular currency union.
World Bank links obesity to high food prices
Food prices have dropped since peaking six months ago but remain near record levels, pushing the world's poorest people toward "undernutrition" and obesity.
Draconian controls as Cyprus banks set to reopen
Cypriots will finally get access to their bank accounts later on Thursday after a nearly two-week lockdown, but under tight restrictions unprecedented in the eurozone.
Cyprus banks to stay shut as world markets take fright
Cyprus reversed course and decided to keep its banks shut as world markets took fright at the implications for the eurozone of the island's 10-billion-euro bailout deal with international creditors.
China president in Tanzania on start of African tour
China's new President Xi Jinping jetted into Tanzania Sunday on the first stop of his three-nation Africa tour that underscores Beijing's growing presence in the resource-rich continent.
Oil prices up in Asia on Cyprus bailout deal
Oil prices rose in Asian trade Monday after Cyprus and its international creditors struck a 10 billion euro bailout deal, averting collapse of the country's banking system.
Kazakhstan and Finland join green economy efforts
Kazakhstan and Finland will sign an Action Plan on cooperation in green economy.
Eurozone says ditch Cyprus tax grab on smallest accounts
The eurozone has told debt-hit Cyprus to revise a controversial levy on bank deposits to allow small savers to escape the tax, part of a larger bailout deal, amid a public outcry and fears of a bank run.
Leaders wrestle with austerity as EU jobless fears rise
EU leaders wrestled with German demands for strict austerity and a French-Italian push for growth-friendly spending at a summit.
Developing world's rise heralds global shift: UN
The developing world's rapid growth has sharply cut extreme poverty, created a new middle class and put the economies of Brazil, China and India on a path to overtake the globe's wealthiest nations.
Aid flowing to Myanmar may hinder, not help: experts
Governments and agencies must be wary of drowning Myanmar with well-intentioned but ill-targeted aid, experts warned Thursday, admonishing the global community to "first do no harm."
IMF calls for 'urgent action' to boost Palestinian economy
The International Monetary Fund (IMF) Thursday called for "urgent action" to help revive the Palestinian economy, saying it had been choked by Israeli restrictions and political uncertainty.
US companies keep more money offshore: report
US companies are keeping more of their profits offshore, choosing overseas tax havens amid talk in Washington about closing corporate tax loopholes.
Hope and despair as Japan marks tsunami anniversary
In the dark months after a catastrophic tsunami smashed into Japan, killing almost 19,000 people and sparking a nuclear disaster, hopes for a rapid recovery and a national rebirth were frustrated by political paralysis.
Nigeria staggers toward title of Africa's biggest economy
The ever-expanding moonscape that stretches out behind a wall holding back the Atlantic Ocean here will one day host a project designed to help anchor Nigeria as Africa's biggest economy.
GDP growth forecast at 6-7 percent in Kazakhstan in 2013-2017
The economy growth has to be more stable in 2013: Kazakhstan Minister.
Spanish shirt-seller is world's third-richest man
The recession ravaging Spain's economy has not held back Amancio Ortega, a railwayman's son from Galicia, who has just leaped to third place in Forbes magazine's listing of the richest people in the world.
