The number of Britons tapping food banks for emergency provisions nearly tripled in the last 12 months, a charity said on Wednesday.» Read More
U.S. economist Paul Krugman is a critic of Italy's finance minister. The minister's having none of it.
WASHINGTON, April 11- The world's top economies are monitoring the economic situation in Ukraine for any fallout that may pose risks to economic and financial stability, according to a draft communique by the Group of 20 finance ministers and central bankers.
Jacob Lew is warning Russia that it could face tougher sanctions over Ukraine, but other powers are reluctant to go along.
Mark Grant, Southwest Securities, explains why he thinks Fed policy is going to force interest rates lower.
Despite its high debt level, Italian Finance Minister Pier Carlo Padoan says Italy has one of the most "sustainable" fiscal systems among advance economies, reports CNBC's Michelle Caruso-Cabrera.
*OPEC cautious on economy, sees lower demand for its oil. SINGAPORE, April 11- Brent futures eased towards $107 a barrel on Friday as the global supply outlook improved with more Libyan supplies expected to reach the market, although growing tension between the West and Russia over Ukraine put a floor under prices.
TORONTO- Ontario Finance Minister Charles Sousa speaks at the Intercontinental Hotel in Toronto- 1600 GMT. WASHINGTON- German Finance Minister Schaeuble speaks at Center on Foreign Relations in Washington- 1715 GMT. WASHINGTON- 2014 Spring Meetings of the International Monetary Fund and the World Bank Group.
Alongside central bankers from the United States, Europe, and Brazil, Raghuram Rajan took the stage at a high-profile event here to list his proposals for better monetary cooperation and a global "safety net" that could provide funds for countries in case of economic emergency.
*Libya oil guards take control of Hariga port, Zueitina pending. *OPEC sees lower demand for its crude in 2014. NEW YORK, April 10- Global crude oil drifted modestly lower on Thursday, pressured by weaker economic data from China as well as the prospect of a rebound in oil exports from Libya.
*Libya oil guards take control of Hariga port, Zueitina pending. NEW YORK, April 10- Global crude oil prices slipped on Thursday on both sides of the Atlantic, pressured by weaker economic data from China as well as the prospect of a rebound in oil exports from Libya.
The Bank of England (BoE) looks increasingly ready to become the first central bank in a developed nation to hike interest rates.
Jim Yong Kim, World Bank Group president, discusses managing slow growth in China and weighs in on vulnerability in emerging markets.
CNBC's Sara Eisen and Christine Lagarde, IMF managing director, discuss the risk of inflation for the euro zone and the potential for a Fed-style QE in Europe.
Christine Lagarde, IMF managing director, shares her views in the state of the global economy and discusses the impact that each individual economy has on the rest of the world.
WASHINGTON— Treasury Secretary Jacob Lew told his Russian counterpart on Thursday that Russia could face tougher economic sanctions because of its actions in Ukraine.
At first glance Greece may not look promising, but investors are gaining appetite for its debt.
The Russian president's letter to 18 mostly Eastern European leaders, released Thursday by the Kremlin, aimed to divide the 28- nation European Union and siphon off to Russia the billions that the international community plans to lend to Ukraine.
LONDON, April 10- House prices and sales took off again in Britain last month, reflecting the economy's surprisingly fast recovery, but the Bank of England stuck to its course and left interest rates unchanged at record lows.
LONDON— Bank of England policymakers have kept interest rates steady and declined to pump more money into Britain's economy amid signals of recovery. The Monetary Policy Committee kept the benchmark interest rate at a record low 0.5 percent and voted to not increase the monetary stimulus program.
Greece saw huge demand for a new five-year bond it is set to sell at a yield of 4.95 percent, its first long-term issuance for four years.
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