Jordan receives third tranche of IMF funding
Due to so-called 'exogenous shocks', Jordan leverages release of third tranche of the IMF funding.
Sovereign wealth funds
Saudi Arabia Tops Sovereign Wealth Spending League, Snatches the Spot From Singapore
Saudi Arabia's Public Investment Fund (PIF) has emerged as the world's most active sovereign investor in 2023, with deals worth billions of dollars.
IMF, World Bank Approve Historic $4.5 Billion Debt Relief for Somalia
The International Monetary Fund (IMF) and World Bank have approved $4.5 billion in debt forgiveness for Somalia...
Sebi upgrading surveillance for CommExes
India's securities market regulator Sebi is upgrading and strengthening its surveillance system on commodity exchanges (CommExes). Recently, Sebi has barred 16 commodity trading members from trading f..
BC Clean-tech alliance seeks $500-mln fund from Trudeau
B.C. clean-tech companies have requested Prime Minister Justin Trudeau to allocate a $500 million venture capital (VC) fund. An alliance comprising 51 clean-tech and investment firms from B.C. provinc..
Latest News
Republicans blame Obama for continued impasse
The proposal to extend the debt ceiling another six weeks is untenable, according to US President Obama, causing a further delay in the deal.
IMF reforms remain undone
Emerging markets cry foul over the continued inaction on 2010 reforms passed in the International Monetary Fund.
European Union-Taiwan ties opposed by China
China had formally protested bilateral ties between the European Union and Taiwan.
Budget impasse and debt crisis may form into economic superstorm
With Congress working feverishly, the current budget impasse and the debt ceiling may become an economic superstorm.
US shutdown near to being lifted as both sides negotiate over the weekend
Discussions between US President Barack Obama and House Speaker John Boehner to finish the budget gridlock besetting the US government.
Bank of Canada governor showed disappointment as to economic performance
Bank of Canada Governor Stephen Poloz expressed disappointment as to the country's economic performance despite signs of regained momentum.
As Washington impasse continues, Washington runs risk of default- Factbox
Reuters Factbox revealed that should the political impasse in Washington continue, it would risk defaulting on some debt payments starting October 22.
US must resolve partial deadlock immediately - Japan PM
Last Tuesday, Japanese Finance Minister Taro Aso urged the United States to settle its budget issues for Japan to be spared from fiscal trouble, reported Reuters.
Halted EU-US talks complicate trading ties
The EU-US negotiations, already overshadowed by the revelations of former NSA contractor Edward Snowden, now faced even more delays due to the partial deadlock in the US government, said a Reuters rep
