Costas Simitis, former prime minister of Greece and the architect of the country’s joining the common European currency, the euro, has died at age 88, state TV ERT reported. Simitis was taken to a ...

Korea's foreign reserves rose from a month earlier in December but reached the lowest level in five years in terms of ...

Despite their current challenges, most analysts believe that developed economies will avoid a full-blown crisis, owing to their ability to issue debt in their own currencies and i ...

The Ministry of Power and Energy has decided to appoint a committee to review the study of the Adani Group’s energy projects ...

Egypt is expected to receive later this month another disbursement from the IMF as part of an $8 billion programme, its ...

Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 ...

The European Central Bank is under fire for dragging its feet on interest rate cuts as the Eurozone’s economy crawls toward ...

How long can the boom in private credit last? Practically everyone on Wall Street concedes that this moment is bound to dim as lenders emerge to compete with one another for a finite number of loans.

President Biden pardoned the death sentences of 37 people on death row in federal prisons. These folks will remain in prison without chance of parole. He has been both praised and pilloried for his ...

For more than five decades, the World Bank’s premier annual publication on debt, now titled the International Debt Report (IDR), along with the associated International Debt Statistics (IDS) database, ...

Argentina’s government is evaluating whether to negotiate a loan with two investment funds or seek additional financing from ...