breakingnews
17.10.2008, 17:43
Apart from steep falls in the stock market, Russia has so far escaped the worst of the global financial crisis. That’s according to a source in the Finance Ministry. There’s even talk that Russia could offer a lifeline to troubled Chinese financial instit
19.10.2008, 04:46
The past week has been a tough one for Iceland. The island of 300,000 people has so far been the most serious state victim of the global credit crunch. Its economy has nosedived after years of prosperity, with its banks virtually collapsed and currency de
06.11.2008, 10:19
The International Monetary Fund has approved a $16.4 billion loan to Ukraine. The money, $4.5 billion of which will be given immediately, is intended to help restore Ukraine's economy and rebuild financial confidence.
13.11.2008, 18:36
Russia is to lend Belarus US$ 2 billion to help it ride out its current economic difficulties. The first billion will be transferred by the end of the year with the rest to follow at the beginning of 2009.
16.10.2010, 01:30
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The tide of fear against Socialism is on the rise in America. At a time when the economy is so rough, why this debate over capitalism vs. socialism?
21.10.2010, 22:14
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The European Parliament has voted for a budget increase that would cost UK taxpayers an additional 900 million pounds next year.
03.03.2010, 00:49
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Violence breaks out as students at the flagship school of the University of California protest stiff tuition hikes.
23.10.2010, 00:52
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Finance ministers from the G-20 nations will meet in South Korea to address the global financial crisis. US Treasury Secretary Timothy Geithner is expected to push his plan aimed at rebalancing the world economy.
23.10.2010, 02:59
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The US has long regarded itself as an exceptional nation, a beacon of democracy and progress throughout the world. Yet the statistics don’t exactly match the rhetoric.
30.04.2010, 13:37
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Greece faces years of painful cuts to salaries in return for a multi-billion-dollar bailout from the International Monetary Fund and the EU. The Greek finance minister called it a “choice between collapse or salvation.”
Published: 16 November, 2008, 07:57
Cash-strapped Belarus has said it may turn its back on the International Monetary Fund if the organization refuses to give it a US$ 2 billion loan.
