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McConnell, Schumer Optimistic After Trump Meeting
Senate Majority Leader Mitch McConnell joined New York Senator Chuck Schumer, among others, following what they both called a "very productive" meeting with President Donald Trump Wednesday.
The group discussed the...
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Fed Chair Expects 'Modest Lift' From Tax Cuts
Federal Reserve Chair Janet Yellen says she and her colleagues expect a "modest lift" to economic growth from the tax cuts being proposed by President Donald Trump and Republican lawmakers.
She says the potential for...
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Law professor reportedly picked to be Italy's new prime minister
Italy edged toward its first populist government Monday as the Euroskeptic 5-Star Movement and the right-wing League indicated a law professor with no political experience was their pick to become the country's next premier.
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Germany meets euro debt limit for first time in 17 years
The German government says its 2019 budget will comply with eurozone debt limits for the first time in 17 years.
The draft budget also raises defence spending, a contentious issue between Germany and US President Donald...
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Maldives winner could cause problems for Beijing's "Belt and Road" initiative
A South Asia political analyst says a change in government won't do anything to ease China's foothold in the Maldives due to the billions of dollars in debt from Chinese investment.
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Italy plans 38 billion euros in public spending in 15 years
Italy's stock market fell sharply on Friday after the populist, eurosceptic government announced a sharp public spending increase that will push the budget deficit to 2.4 percent of gross domestic product next year, risking a collision...
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A year after Mugabe's fall from power, little has changed for Zimbabweans
One year ago the unthinkable happened in Zimbabwe: Robert Mugabe fell from power.
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Italy to sell off some govt real estate in response to EU budget demands
Italy's populist government has maintained its objectionable deficit bloat of 2.4 percent in its response to EU demands to revise its draft budget, but made tinkers during a late-night Cabinet meeting Tuesday including adding plans to...
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Zimbabwe faces worst economic meltdown in a decade
One year after the election of President Emmerson Mnangagwa, Zimbabwe faces a currency crisis forcing people to queue day and night for cash and fuel, in what critics describe as a severe economic meltdown.
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Ecuador starts cleanup after deal to end protests
Thousands of indigenous demonstrators, student volunteers and local residents in Ecuador launched a massive cleanup Monday at a Quito park where anti-austerity protesters fought police for days, leaving piles of burning tires, trees and...
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Beirut protesters clean up debris from last night
Volunteers were seen collecting plastic cups, cans and cigarette filters at Martyrs' Square in central Beirut on Wednesday.
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Mark Sanford ending 2020 GOP presidential bid
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Mark Sanford ending 2020 GOP presidential bid
Mark Sanford dropped his challenge to President Donald Trump for the Republican presidential nomination on Tuesday, saying the focus on impeachment has made it difficult for his campaign to gain traction.
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Mark Sanford ending 2020 GOP presidential bid
Mark Sanford dropped his challenge to President Donald Trump for the Republican presidential nomination on Tuesday, saying the focus on impeachment has made it difficult for his campaign to gain traction.
Bloomberg
Riksbank Ends Negative Rates But Remains Expansionary: Ingves
Dec.19 -- Riksbank Governor Stefan Ingves discusses the Swedish economy, inflation and quantitative easing. He talks with Bloomberg's Rafaela Lindeberg in Stockholm after the central bank ended half a decade of negative interest rates,...
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No new virus cases reported from Wuhan
The Chinese city of Wuhan, where the first reported case of the new coronavirus emerged, on Saturday reported no new or suspected cases again for a third consecutive day.
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China offers more support for virus-hit businesses
Officials in China said on Friday the country will further increase financial support for small and medium enterprises to reduce the impact of the new coronavirus.
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Chicago mayor extends city school closures
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Chicago mayor extends city school closures
Health officials announced on Thursday that three more people had died in the US State of Illinois after contracting the new coronavirus and 422 people statewide had tested positive.
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Reactions to German court ruling on ECB
Germany's highest court has cast doubts on key eurozone stimulus efforts by ruling that the European Central Bank must demonstrate within three months that a key bond-buying program is needed and appropriate.