Concern about the pace of economic recovery looks set to persuade the Bank of England to keep interest rates at rock-bottom not just this week but for months to come. UK interest
After weeks of impasse, President Barack Obama and top congressional leaders are aiming for "something big" as they resume budget talks on Thursday to avert an imminent default. With Republicans showing new
* Overheating economy seen as main challenge * Pro-Iran Foreign Minister Davutoglu keeps job * Turkish Prime Minister Tayyip Erdogan unveiled a new cabinet on Wednesday, retaining Finance Minister Mehmet Simsek to manage
New IMF Managing Director Christine Lagarde pledged on Wednesday to push ahead with reforms to give fast-growing emerging markets greater sway at the global lender. At a news conference on her second day
U.N. chief Ban Ki-moon will seek a peace deal within a year from Cypriot leaders engaged in reunification talks on Thursday, a source close to the matter said, signalling growing frustration with
U.S. stocks fell slightly on Wednesday after Moody's downgrade of Portugal's credit rating to "junk" and China's interest rate rise sparked jitters about global growth prospects. The downgrading of Portugal's credit rating
Germany has put a Greek bond swap back on the table as a model for private sector involvement in fresh aid for Athens, Deputy Finance Minister Joerg Asmussen told Reuters Insider TV
Cyprus sold 90 mln euros in 13 week treasury bills, paying a 3.50% average yield at an auction on Wednesday, the finance ministry said. The yield at the previous successful auction of
It is hard to feel too sorry for the gold jewelers of Santorini. Times may be hard, but they do live in one of the most beautiful places on Earth. The collapse
* Bilateral trade reaches $300 mln; investments total $17.5 bln * A double-taxation avoidance agreement with Ukraine is currently being drafted and is expected to be signed by October of this year,
