If the Australian government wants to guarantee a return to surplus, there's roughly 6 billion Australian dollars (US$6.44 billion) in their coffers targeted for mortgage-backed bond deals that have possibly overstayed their use.
ISTANBUL -- It's something of an open secret in Turkey that the government has been seriously considering moving the central bank from Ankara to Istanbul, but the small print of a government document this week suggests the move could come ...
President Barack Obama's budget proposal Monday will offer several measures to trim the federal deficit in the next 10 years. But it would leave largely unchanged the biggest drivers of future government spending: the Medicare, Medicaid and ...
European leaders' laser-like focus on muddling through has brought the euro zone this far into 2012 without disaster. Assuming the new bailout and debt-restructuring agreement for Greece are finally agreed on, the biggest near-term risk to ...
Shelling out a $25 billion penalty is certainly painful. But it is something bank-stock investors may be able to grin and bear. The reason: The foreclosure-abuse settlement agreed on Thursday among banks, state attorneys general and the ...
MADRID—Bankia SA, which just months ago was hailed as a success of the country's banking consolidation, on Friday will outline its plans to comply with Spain's new bank-cleanup rules—standards that have raised some doubts about the lender's ...
WARSAW --- Polish state-controlled companies from various industries should team up to look for shale gas in Poland, but foreign companies shouldn't interpret this government policy as an attempt to squeeze them out of the sector, Mikolaj ...
Support for Russian prime minister and presidential candidate, Vladimir Putin, inched higher in the last week, with 53.3% of Russians saying they would vote for him if elections were held on Sunday.
Russia may stand alongside Nigeria in global corruption rankings, but to Vladimir Putin's campaign manager, that's just fine. Stanislav Govorukhin praised Mr. Putin for bringing corruption in Russia down to "civilized" levels comparable to ...
The first sample of water from a pristine lake hidden under Antarctic ice for at least a million years was delivered Friday to Moscow and presented to Prime Minister Vladimir Putin.
The gritty streets of Berlin are a far cry from the glamour and glitz of Cannes or Venice. And that's just the way the directors of the Berlin Film Festival like it.
A cover story in the Economist in May 2000 struck a dispiriting note. "Africa," the magazine declared with great authority (and more than a ring of truth), "the hopeless continent."
On Friday, as Indian Prime Minister Manmohan Singh met European Union officials to discuss a long-pending free-trade agreement, health care activists and HIV-positive people took to the streets in New Delhi.
By Natasha Brereton-Fukui of Dow Jones Newswires SINGAPORE - Reliance Industries Ltd.'s new US$1 billion 10-year dollar bond strengthened in initial trading Friday, in a positive sign for the many hopeful Indian debt issuers waiting in the ...
ATHENS—Clashes broke out in central Athens Friday as Greece's major unions launched a 48-hour nationwide strike to protest new austerity measures demanded by the country's creditors, adding to social tension in a country now in its fifth ...