- DOJ reaches largest-ever federal government settlement over auto loan discrimination
- U.S. Navy to start giving gay couples marriage benefits in Japan
- Sen. Harry Reid goes to hospital as a precaution
- Fla.’s Trey Radel exits rehab, ‘excited’ to resume congressional role
- U.S. nuclear general boozed it up, chased ‘hot women’ in Russia: report
- 45 Calif. students at one school test positive for tuberculosis exposure
- Rob Ford on women: Give them cash ‘and they are happy’
- Ku Klux Klan group holds recruitment meeting in Maryland
- Airport assassination: Mayor, 3 others killed at Manila airport
- Tea party-type lawmakers take mysterious, off-books trip to Mideast
International Monetary Fund
Latest International Monetary Fund Items
It just recorded the highest trade surplus in its history, but Germany may find it difficult to celebrate the milestone as Berlin faces growing criticism that the country's prosperity is coming at the expense of its European neighbors and the health of the global economy.
Dominique Strauss-Kahn's lawyer has joined a host of French individuals who are demanding the right to purchase the services of prostitutes without legal consequence.
Ask any leftist for the solution to any problem, and the answer is invariably, "spend more money." This comes out of the fairy tale that blowing it is what money was made for. Ireland, like the rest of us, loves fairy tales. It took the tax-and-spend route and landed in a crisis of choking debt. Now the Irish are sobering up. The Irish government last week thumbed its nose at the taxaholic recommendations of the European Union, and said Dublin would restrain spending while restraining corporate tax rates at the current low levels. It's a choice that could put the country back on the path to recovering lost prosperity.
The International Monetary Fund announced this past week that it expects world GDP growth to be only 2.9 percent this year. This is below the 3.2 percent in 2012, which was below the 30-year average of about 3.6 percent, and far below the one-of-the-best recent four-year periods, from 2004 to 2007, when it averaged 5.1 percent. The differences may seem small, but the rate of GDP growth determines how quickly global poverty declines and real incomes rise.
Senate Republicans and Democrats hit an impasse Sunday over spending in their last-ditch struggle to avoid an economy-jarring default in just four days and end a partial government shutdown that enters its third week.
The chief of the International Monetary Fund says the U.S. government's stalemate over spending and its debt limit is "very, very concerning" and could roll back economic progress around the world.
A free press is the key to a decade of growth and accountability
International Monetary Fund chief Christine Lagarde on Thursday praised the Federal Reserve's decision this week not to tap the brakes on its bond-buying program to stimulate the U.S. economy, saying it was still too soon to start the widely expected "tapering" operation on the Fed program.
The former head of the International Monetary Fund, Dominique Strauss-Kahn, will have to face charges of pimping in a French court, after prosecutors were unable to convince the court to drop the case.