Government

Greek Prime Minister Alexis Tsipras (R)

Greece should follow EU line on Russia: EU's Schulz

Greece should not undermine EU policy on Russia at a time when it is seeking support from its partners over its economic problems, European parliament President Martin Schulz told Greek newspapers on Friday.

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Russian President Vladimir Putin

Putin ally handed contract to build Russian bridge to Crimea

Russia has handed a multi-billion dollar contract to build a bridge to the Crimea peninsula to an ally and former judo partner of Vladimir Putin who is under Western sanctions.

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Jeroen Dijsselbloem

Greece says Dijsselbloem visit will kick off debt talks

This week's visit to Athens by the head of the euro zone finance ministers' group will mark the start of Greece's negotiations on changing the conditions of its international bailout accord, the finance ministry said in a statement.

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Japanese Yen Notes

BOJ set to watch and wait as Abe team urges caution on fresh easing

The Bank of Japan has put monetary policy on hold and found backing for its wait-and-see stance from advisors to Prime Minister Shinzo Abe, who worry more easing could send the yen to damagingly low levels, according to officials in the administration and central bank.

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U.S. President Barack Obama

Democrats set high bar for supporting Obama on trade

Senior Democrats in the House of Representatives said on Thursday they would insist President Barack Obama provide hard evidence that proposed free trade deals will boost median U.S. incomes, laying out tough terms to support his trade agenda.

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Oil gathering station

EU considers capital markets curbs among new Russia sanctions

New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds, EU officials said on Wednesday.

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US Federal Reserve

Fed nods to global troubles, while keeping faith in U.S.

For months now Federal Reserve policymakers have watched the economic turmoil overseas, from Ebola to Russia to the ongoing travails of the euro, and largely held their tongue.

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French Finance Minister Michel Sapin

France aims to facilitate Greece-euro zone talks: finance minister

French Finance Minister Michel Sapin said on Wednesday France wanted to facilitate talks between Greece's new leftist Prime Minister Alexis Tsipras and the rest of the euro zone, and would meet his Greek counterpart in Paris on Monday.

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Greece Flag

Greek PM Tsipras freezes privatisations, markets tumble

Leftist Greek Prime Minister Alexis Tsipras threw down an open challenge to international creditors on Wednesday by halting privatisation plans agreed under the country's bailout deal, prompting a third day of heavy losses on financial markets.

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Brazilian President Dilma Rousseff

Brazil's Rousseff urges cabinet to back belt-tightening

Brazil's President Dilma Rousseff urged her cabinet on Tuesday to embrace fiscal belt-tightening and other measures aimed at restoring business confidence and growth in her second term.

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Moscow

In Russia, crisis deepens slide in living standards for pensioners

For Boris Lisitsyn, Russia's financial crisis means less meat, cheese and sausage - hardships the 86-year-old says won't kill him anytime soon.

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US Federal Reserve

Fed seen remaining patient with rate guidance amid global turmoil

The Federal Reserve is expected to signal it remains on track to begin raising interest rates later this year, as the central bank shows confidence that low inflation and rising risks from abroad have yet to derail the U.S. economic recovery.

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President Barack Obama

Spending- why 'red' states shoulder the deepest cuts under Obama

As Washington has tightened its belt in recent years, the budget cuts have sliced most deeply in states where President Obama is unpopular, according to an analysis of federal spending by Reuters.

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Michael Froman

Top U.S. trade negotiator says Pacific pact nearly ready

The top U.S. trade official told lawmakers on Tuesday an ambitious Pacific trade pact could be wrapped up within months as he urged Congress to back the administration's trade agenda.

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Petro Poroshenko

EU agrees $2 billion euros for Ukraine, to consider more

EU finance ministers agreed on Tuesday to loan Ukraine 1.8 billion euros ($2.0 billion) to help save it from bankruptcy, leaving open the option of increasing aid at a later stage.

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