GO
Loading...

Washington DC

More

  • WASHINGTON— United Airlines stopped a prominent security researcher from boarding a California- bound flight late Saturday, following a social media post by the researcher days earlier suggesting the airline's onboard systems could be hacked. The researcher, Chris Roberts, attempted to board a United flight from Colorado to San Francisco to speak at a major...

  • WASHINGTON— The world's financial leaders see a number of threats facing a global economy still on an uneven road to recovery with U.S. and European officials worrying that Greece will default on its debt. The head of the European Central Bank, Mario Draghi, said it was "urgent" to resolve the current dispute between Greece and its creditors. But French Finance...

  • WASHINGTON, April 18- The International Monetary Fund's member nations on Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they took note of "moderate" global growth and "uneven prospects." With the United States poised to hike interest rates, the panel- speaking for the Fund's 188 member nations- said moves...

  • WASHINGTON, April 18- Beijing will accelerate reforms to the country's currency as part of a push for the yuan's inclusion in the International Monetary Fund's currency basket, China's central bank governor Zhou Xiaochuan said on Saturday. Winning approval for the yuan's inclusion in the IMF's currency basket could raise China's standing in the global...

  • WASHINGTON, April 18- The International Monetary Fund warned in a communique on Saturday that while economic growth in developed countries had strengthened, some emerging nations were being hit by weaker commodity prices and exports. Those meetings conclude on Sunday and have taken place amid growing concerns cash-strapped Greece will fail to reach...

  • WASHINGTON, April 18- China does not want to bend the rules in its favor to include the yuan in the IMF's basket of major reserve currencies, the No. 2 official at the International Monetary Fund said. Beijing tightly controls the yuan's movements and has strong capital controls, but it is pushing for increased use of the currency for trade and investment as part of a...

  • WASHINGTON, April 18- The International Monetary Fund warned in a draft communique on Saturday that while economic growth in developed countries had strengthened, some emerging nations were being hit by weaker commodity prices and exports. With the United States poised to hike interest rates, the IMF member nations said it was essential that moves to "policy...

  • MADRID— An investigation into an ex-minister and former International Monetary Fund chief over alleged fraud and money laundering is damaging Spain's ruling Popular Party, which faces a general election late this year, the prime minister said Saturday. Speaking at a hastily convened, unscheduled press conference in eastern Murcia, Mariano Rajoy...

  • MOSCOW/ BERLIN, April 18- Russia denied on Saturday a German media report suggesting that it could sign a gas pipeline deal with Greece as early as Tuesday which could bring up to five billion euros into Athens' depleted state coffers. During his visit to Moscow, Tsipras had expressed interest in participating in a pipeline that would bring Russian gas to Europe...

  • WASHINGTON, April 18- German Finance Minister Wolfgang Schaeuble said on Saturday he was happy over a report that Greece was poised to sign a gas deal with Russia, though he added it would not solve the cash-strapped euro zone nation's economic problems. "I am happy about that for Greece," Schaeuble told journalists on the sidelines of the spring meetings of the...

  • SHANGHAI, April 18- China central bank governor Zhou Xiaochuan said Beijing would accelerate reforms to the country's currency to push for the yuan's inclusion in the International Monetary Fund's currency basket, known as Special Drawing Rights, the official Xinhua news agency reported on Saturday. Zhou made the comments during an interview with Xinhua...

  • Finance officials see rising risks to economic recovery Saturday, 18 Apr 2015 | 12:31 AM ET

    Mario Draghi, head of the European Central Bank, said it was "urgent" to resolve the dispute between Greece and its creditors. Earlier in the week, IMF Managing Director Christine Lagarde rejected suggestions that her agency might postpone repayment deadlines for Greece. On Saturday, she cited constructive talks with Varoufakis and said the goal was to...

  • WASHINGTON, April 17- The Bank of Canada will ignore that part of the surge in March core inflation which is due to the fall in the Canadian dollar, Governor Stephen Poloz said on Friday, adding that the growing output gap was exerting downward pressure on inflation. Canada's core inflation rose to 2.4 percent in March from 2.1 percent in February, putting it well...

  • The IMF's member countries agreed in 2010 to give more voting power to countries like China and India, double the Fund's resources, and reduce the dominance of Western Europe on its 24- member board. To get around the United States, the IMF's board had proposed one "interim" plan to raise the voting rights of some emerging countries under an "ad hoc" increase without...

  • WASHINGTON, April 17- The Bank of Canada will ignore that part of the surge in March core inflation which is due to the fall in the Canadian dollar, Governor Stephen Poloz said on Friday, adding that the growing output gap was exerting downward pressure on inflation. Canada's core inflation rose to 2.4 percent in March from 2.1 percent in February, putting it well...

  • WASHINGTON— Spain's Economy Minister Luis de Guindos criticized Greece's left-wing government for its "not very coherent" approach to negotiations over its finances and economy. Greece has relied on loans from European creditors and the International Monetary Fund since 2010. It is in talks over the conditions for its next loan installment, without which...

  • *Britain's Osborne says Greece casts gloom over meetings. *Turkey's Babacan says Greece is issue for bilateral talks. Greece was not mentioned by name in the communique and Turkish Deputy Prime Minister Ali Babacan, speaking on behalf of the G20, said the issue of Greece did not feature in the formal discussions.

  • But China's proposal has been diplomatic coup, as Britain, France and Germany have broken with Washington and joined Asian governments in seeking membership. The U.S. also faces growing criticism over the refusal by Congress to approve reforms to the International Monetary Fund that would increase the voting power of fast-emerging economies such as China,...

  • Clinton cautious about Obama's Pacific trade deal Friday, 17 Apr 2015 | 5:01 PM ET

    WASHINGTON— Hillary Rodham Clinton says she will be closely watching efforts by the Obama administration to negotiate a broad trade policy pact with Pacific nations that's raising concerns over potential harm to workers. As she kicks off her presidential campaign, Clinton is under pressure from the liberal wing of her party to oppose the Trans-Pacific...

  • France's Sapin says would like to see euro stability Friday, 17 Apr 2015 | 4:26 PM ET

    WASHINGTON, April 17- It would be dangerous to leave the impression that Europe wanted the euro to decline further, French Finance Minister Michel Sapin said on Friday, adding that what was most needed was stability. "I think if we had wanted, or had given the impression that we wanted, to go further in the decline in the value of the euro, we'd be entering a danger zone,"...