| Apr 29, 2014
| 8:10 AM
The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
| May 8, 2014
| 2:30 PM
"Le Judas," by Canada's Ziad Touma, Dane Julie Frik Walenciak's "Muleum" and Australian Jonny Peter's "Dream Channel" will feature at the Pitching Sessions of Next, a roundtable and workshop program that marks one of the biggest innovations at 2014's...
| 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...
| Jan 10, 2014
| 8:35 AM
WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....
| Jan 15, 2014
| 5:50 AM
WASHINGTON -- The global economy is at a turning point this year as it shows signs of strengthening, with the U.S. and other developed countries expected to see stronger growth, the World Bank said.
"Most of the acceleration is expected to come from...
| Sep 22, 2013
Most of the attention these days is on Syria, but there is also a growing problem in Egypt with global implications. Nine Egyptian policemen were wounded by a bomb in the northern Sinai Peninsula on Monday. The week before, suicide bombers killed nine...
| Nov 29, 2013
India is now the world's third-largest grain producer after China and the United States. The adoption of higher-yielding crop varieties and the spread of irrigation have led to this remarkable tripling of output since the early 1960s. Unfortunately, a...
| Nov 18, 2013
The revelation last week that Israel wanted to plan for 20,000 new settlement housing units received the usual outraged responses from around the world. Prime Minister Benjamin Netanyahu, mindful of a backlash in the midst of the Iran nuclear...
| 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...
| Jan 13, 2014
| 7:10 AM
WASHINGTON -- The nomination of former Bank of Israel head Stanley Fischer to be Janet Yellen's lieutenant gives the Federal Reserve a "Dream Team" in the top two positions, Pimco Chief Executive Mohamed El-Erian said Monday.
Fischer was the "most...
| 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."...