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IMF releases aid to Greece after long delay After lengthy delays, the International Monetary Fund unblocked part of its aid to Greece Wednesday, offering a brief respite to the recession-mired country grappling with austerity measures.

18 January 2013

Administration of Zhambyl oblast allocated over $1.1 million for restoration of disaster-hit regions The money allocated from the oblast budget will be spend of restoration works in Talas and Saryssu regions.

18 January 2013

Global financial architecture is awfully backwooded: Nazarbayev Nursultan Nazarbayev spoke about ways out of the global crisis at the meeting with heads of diplomatic missions and international organizations.

18 January 2013

World Bank economist urges end to US fiscal fights The World Bank's chief economist called on the United States Tuesday to end a series of political budget battles by undertaking structural economic reforms.

17 January 2013

Bernanke urges Congress to lift debt ceiling US Federal Reserve Chairman Ben Bernanke on Monday urged Congress to raise the nation's borrowing limit as Democrats and Republicans battle over the federal budget.

15 January 2013

China bank's 'sexist' promotion sparks outrage A Chinese bank's offer to automatically transfer most of a husband's income to his wife's account has provoked fury, with some calling it "the most atrocious banking service against men in history".

15 January 2013

Greek parliament approves tax change under rescue terms Greece's parliament early Saturday approved a new tax bill, part of the latest batch of fiscal reforms tied to the country's next slice of EU loans.

12 January 2013

Relaxing bank liquidity rules sparks hope for euro lending boost The loosening of liquidity rules due to come into effect on banks raises hopes among some analysts to a recovery of lending the eurozone.

09 January 2013

Japan plans extra $2.1 bn on military spend: official Japan plans to spend an extra $2.1 billion on missiles, fighter jets and helicopters, an official said Wednesday, as Tokyo looks to boost defence capabilities with concerns growing over a rising China.

09 January 2013

IMF to send team to Cairo for loan talks The International Monetary Fund will send a team of experts to Cairo to discuss possible financial support for the Eygptian economy.

09 January 2013

Fresh start for Congress, but fiscal battles loom again With nearly 100 new members, the US Congress convened Thursday fresh from the year-end "fiscal cliff" fiasco, as lawmakers cast a wary eye towards the tough budget battles ahead.

04 January 2013

Putin grants France's Depardieu Russian citizenship Russian President Vladimir Putin on Thursday granted fast-track citizenship to France's Gerard Depardieu after the movie star complained about the French Socialist government's proposed 75 percent tax on the rich.

04 January 2013

IMF: US 'cliff' actions not enough The International Monetary Fund said Wednesday that US actions to avoid the fiscal cliff did not go far enough to address the country's long-term fiscal deficit and debt problems.

03 January 2013

US fiscal cliff deal boosts world markets World markets soared Wednesday after a tense New Year break, relieved after US lawmakers agreed a last-minute deal to avert massive tax hikes and pull their nation back from the fiscal cliff.

03 January 2013

Obama signs 'fiscal cliff' bill into law President Barack Obama has signed into law a contentious compromise bill hammered out in Congress that narrowly averted the US 'fiscal cliff of tax hikes and drastic, immediate cuts in spending.

03 January 2013

Pentagon welcomes fiscal deal, warns against cuts US Defense Secretary Leon Panetta on Wednesday welcomed a deal to avert automatic budget cuts that would have slashed military spending and caused "damaging" consequences.

03 January 2013

Oil down as euphoria over fiscal cliff deal fades Oil prices were down in Asian trade Thursday as the initial euphoria over the fiscal cliff deal in the United States faded.

03 January 2013

Obama says fiscal cliff deal made tax system fairer President Barack Obama said Tuesday he had fulfilled a campaign promise to make the US tax system fairer with a deal to avert the fiscal cliff crisis that passed after a fierce duel in Congress.

02 January 2013

US House to vote imminently on 'fiscal cliff' deal The House of Representatives will vote late Tuesday on a bill already approved by the Senate to avert huge New Year tax hikes and spending cuts known as the "fiscal cliff".

02 January 2013

Britain urges bold G8 action on global economy British Prime Minister David Cameron called on his fellow G8 leaders on Wednesday to start work now on agreeing "bold steps" to help boost global economic growth, ahead of a summit he will host in June.

02 January 2013

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