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Australian PM in travel expenses furore Australian Prime Minister Tony Abbott was embroiled in a spiralling travel expenses scandal Tuesday as he defended his use of taxpayer money to take part in an ironman competition and other events.

08 октября 2013

Palestinian GDP can expand by a third if Israel lifts limits: World Bank The Palestinian economy could expand by over a third if Israel were to lift its restrictions on about 60 percent of the West Bank that it controls.

08 октября 2013

Canada threatens to pull Commonwealth funding Canada's Prime Minister Stephen Harper has threatened to withdraw funding for the Commonwealth in an escalating row over rights abuses by Sri Lanka ahead of a summit next month.

08 октября 2013

Saudis take to Twitter to demand better pay Despite their country boasting the world's greatest oil wealth, many Saudis complain their salaries are not enough to make ends meet, and are taking to Twitter to demand more money.

07 октября 2013

White House offers over $300 mn for bankrupt Detroit The White House offered more than $300 million in aid and support to bankrupt Detroit on Friday, as the crumbling, bankrupt Midwestern city struggles to survive.

29 сентября 2013

Romania gets 2 bn euro IMF standby aid The International Monetary Fund approved Friday a standby loan of nearly two billion euros ($2.7 billion) to match a backup loan of the same size requested from the EU.

28 сентября 2013

World Bank removes Iran from list of non-payers The World Bank removed Iran from its list of deadbeat borrowers Friday, saying the Islamic Republic had paid outstanding loan amounts.

28 сентября 2013

Britain gives $160 million to Syria aid Britain on Wednesday gave an extra $160 million to help Syrian refugees as the European Union urged the UN Security Council to do more to ensure humanitarian access.

26 сентября 2013

Kazakhstan Foreign Ministry to spend $20 million on foreign trips in 2014 The draft Kazakhstan state budget for 2014-2016 has been submitted to the Majilis (Lower Chamber of the Kazakhstan Parliament).

22 сентября 2013

Foreign inflows fuel Sri Lanka recovery: central bank Sri Lanka's economy grew 6.8 percent in the second quarter, up from 6.0 percent last year thanks to foreign cash inflows which helped a recovery.

17 сентября 2013

Bailouts still key issue as eurozone finance ministers meet Eurozone finance ministers meet in calmer times Friday but still need to ensure bailed-out member states meet their targets amid growing speculation some will need more help to get back on track.

13 сентября 2013

China suggests settlements in local currencies to Kazakhstan Chinese President Xi Jinping suggested Kazakhstan to make payments in local currencies.

09 сентября 2013

China to fund construction of wind power station in Kazakhstan's Pavlodar oblast China will finance construction of the wind power station worth 15 billion tenge ($100 million) in Pavlodar oblast.

09 сентября 2013

US Federal Reserve faces changeover in midstream There's never a good time to change the head of the US central bank, according to Ethan Harris, who wrote "Ben Bernanke's Fed" about the chairman of the Federal Reserve.

08 сентября 2013

ECB to double number of women in top positions: report The European Central Bank, under fire for being largely a men's club, plans to double the number of women in its top ranks.

30 августа 2013

Hard-hit Spanish town charges fees for tomato fight Facing a squished budget, the town hosting Spain's annual tomato-throwing festival, La Tomatina, on Wednesday is charging a fee for the first time.

28 августа 2013

US to hit debt ceiling in mid-October: Treasury The US will hit its statutory debt ceiling in mid-October, raising the chance that the government will be forced to default on its debts.

27 августа 2013

Greece may need new bailout of 10bn euros Greek Finance Minister Yannis Stournaras said that if Greece required a new bailout in 2014, it would be a "much smaller" package of around 10 billion euros with no austerity conditions attached.

26 августа 2013

Brazil to spend $55 billion to defend sagging real Markets and analysts cheered Friday after Brazil's central bank pledged $55 billion until year's end to prop up the sagging real while Latin America's biggest economy is showing weak growth.

25 августа 2013

Risky financial crisis derivatives return in new form Collateralized debt obligations, the complex financial instruments that cratered disastrously in the financial crisis, are back.

21 августа 2013

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