| Oct 4, 2013
| 5:04 PM
WASHINGTON -- President Obama pushed his staff for several days this week to keep a long-planned trip to Southeast Asia on his schedule, even after advisors concluded he could not leave the country with the government in shutdown mode.
But with dozens...
| Oct 8, 2013
| 10:50 AM
JERUSALEM-- Israeli restrictions in the West Bank cost the struggling Palestinian economy more than $3.4 billion a year, according to a report released by the World Bank on Tuesday.
More than half of West Bank lands are largely off-limits to...
| Oct 9, 2013
| 7:02 AM
WASHINGTON -- The U.S. needs to get "its act together" and raise the debt limit before a default derails the nation's recovery and damages the world economy, a top International Monetary Fund official said Wednesday.
Short-term interest rates have risen...
| Oct 10, 2013
| 9:40 AM
The United States is currently in the midst of a leverage crisis, only it is a crisis that stems from political institutions rather than economic ones. The political leverage crisis concerns Congress, the White House and the Supreme Court, and it is...
| Oct 14, 2013
| 6:43 AM
WASHINGTON -- Upset that the fiscal stalemate in Washington is threatening the global economy, China called for the U.S. dollar to be replaced as the international reserve currency as well as for broader steps to create a "de-Americanized world."...
| Oct 16, 2013
| 12:57 PM
World financial leaders have been warning for weeks that the U.S. congressional gridlock over funding the government and raising the debt ceiling are imperiling economies worldwide and undermining confidence in the U.S. dollar.
Even the news Wednesday...
| Oct 24, 2013
| 1:48 PM
During the course of her career, South Africa’s Mamphela Ramphele has assumed many roles — anti-apartheid activist, medical doctor, academic and businesswoman, just to name a few.
After the bloody uprising in Johannesburg’s Soweto...
| Oct 25, 2013
| 1:37 PM
JOHANNESBURG, South Africa -- Brand South Africa, the body charged with marketing the nation abroad, has had a tough month.
The International Monetary Fund on Oct. 1 downgraded its growth forecast for South Africa and called on the government to take...
| Jul 10, 2013
| 1:17 PM
This just in: Humanity is growing faster than we thought.
In advance of World Population Day, United Nations demographers have once again revised official projections -- upward. This meticulous band of number crunchers doesn’t mean to be alarmist,...
| Jan 6, 2014
| 10:20 AM
The United States is developing its second Quadrennial Diplomacy and Development Review (QDDR) — a broad assessment of the State Department and United States Agency for International Development (USAID) and their effectiveness in furthering the...
| Dec 11, 2013
| 8:12 AM
WASHINGTON -- Clear communication from Federal Reserve officials could reduce the risk to developing economies when the central bank starts reducing a key stimulus program, the head of the World Bank said.
Developing nations saw their borrowing costs...