News from Around the Web

CS Monitor, Dec 19 2013:

The Federal Reserve decided Wednesday to modestly reduce the size of monthly bond purchases that are designed to boost the pace of economic recovery. But it carefully worded its announcement to...

BBC, Dec 18 2013:

The US Federal Reserve has announced a slowdown in its effort to boost the US economy. The central bank said it planned to scale back its $85bn a month bond buying programme by $10bn a month....

New York Times, Dec 10 2013:

Five years after the financial crisis, President Obama summoned regulators to the White House for an update on how they were changing the ways of Wall Street.

Bloomberg Businessweek, Dec 10 2013:

The European Bank for Reconstruction and Development will scrap most assistance for coal-fired power plants, joining the World Bank and the U.S. in a retreat from supporting the most polluting...

Financial Times, Dec 5 2013:

Treasury secretary Jack Lew declared victory against “too big to fail” banks and said the US would focus on holding the rest of the world to that higher standard.

“I said if we could not...

Washington Post, Dec 4 2013:

The European Commission has fined a group of major global banks a total of 1.7 billion euros ($2.3 billion) for colluding to profit from the manipulation of key interest rates.

The banks,...

Reuters, Nov 29 2013:

Trade Minister Anand Sharma said on Friday he will not compromise on food subsidies for the poor at a WTO meeting next week, but left open the possibility of an interim subsidy deal designed to...

allAfrica, Nov 26 2013:

The African Development Bank on November 26, 2013 launched the 12th Edition of the African Economic Outlook in Khartoum, Sudan.

World Bank, Nov 19 2013:

Economies around the world are adopting a range of policies as they strive to strike a balance between raising tax revenues and encouraging growth, according to a new report from the World Bank...

DOW Jones, Nov 20 2013:

Federal Reserve officials still expect to start pulling back on the central bank's $85 billion-per-month bond-buying program "in coming months," but they engaged in a wide-ranging conversation at...

Business Standard, Nov 20 2013:

With impending elections, India might buckle under pressure from the farmers and civil society groups who have warned negotiators of any kind of a trade off on the controversial ‘Peace Clause’...

Reuters, Nov 18 2013:

Climate campaigners reserve a special scorn for coal-fired power generation. Coal has replaced nuclear as the form of energy that environmentalists most love to hate.

"The world needs to...

allAfrica, Nov 15 2013:

Multilateral development banks (MDBs) provided almost US $27 billion worldwide, in financing to address the challenges of climate change in 2012, according to the second joint MDB report on...

The Guardian, Nov 14 2013:

The taoiseach, Enda Kenny, has confirmed that Ireland will exit the EU-IMF bailout programme without needing a precautionary credit line from its international partners.

Kenny told the Daíl...

Reuters, Nov 12 2013:

Honduras' ruling party presidential candidate Juan Hernandez said on Tuesday he hoped to strike a financing deal with the IMF within six months if he were to win this month's election and would...

New York Times, Nov 7 2013:

FRANKFURT — In a surprise, the European Central Bank cut its benchmark interest rate to a record low Thursday, moving more quickly than expected to stimulate the euro zone economy in the face of...

Bloomberg, Nov 6 2013:

Croatia may seek assistance from the International Monetary Fund as next year’s borrowing needs become "enormous and very risky," Finance Minister Slavko Linic said.

The European Union’s...

Shanghai Daily, Nov 5 2013:

The World Bank and the European Union (EU) on Monday pledged 8.25 billion U.S. dollars to boost economic growth and lift more people out of devastating poverty in Africa's Sahel region.

The...

allAfrica, Nov 1 2013:

The Board of Directors of the African Development Bank Group (AfDB) approved on Wednesday, 30 October 2013 in Tunis, a US$ 94.37 million (UA 61.68 million) ADF loan and US$ 1.85 million (UA 1.21...

Financial Times, Oct 31 2013:

The International Monetary Fund has for the first time warned that sub-Saharan African countries are becoming “increasingly vulnerable to global financial shocks” as they intensify their reliance...