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25 MINS AGO - Huffington Post

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Greece Hasn't Got The Money To Make June IMF Repayment, Interior Minister Says

ATHENS/LONDON, May 24 (Reuters) - Greece cannot make debt repayments to the International Monetary Fund (IMF) next month unless it achieves a deal with creditors, its interior minister said on Sunday, the most explicit remarks yet from Athens about the likelihood of default if talks fail. Shut out of bond markets and with bailout aid locked, cash-strapped Athens has been ...

Tags: Greece Hasn't Got The Money To Make June IMF Repayment, Interior Minister Says,  Economy Latest News

7 HOURS AGO - Yahoo! News

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Iran's Rouhani wants to 'free' economy from sanctions

Iranian President Hassan Rouhani called Sunday for national unity to liberate the economy from international sanctions, which he compared to a form of occupation. "We must join hands and free our economic territory which was unjustly occupied by the countries of the P5+1 (Britain, China, France, Russia, the United States and Germany) and the UN Security Council ... through use ...

Tags: Iran's Rouhani wants to 'free' economy from sanctions,  Economy Latest News

10 HOURS AGO - The Guardian

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Joseph Stiglitz: ‘GDP per capita in the UK is lower than it was before the crisis. That is not a success’

Nobel prize-winner Joseph Stiglitz is the world’s foremost critic of economic and political inequality. He thinks the lessons of the global crash are being ignored, and he’s not much taken with the UK’s recovery either…Think back to 2008. There was an inquest into Princess Diana’s death, Portsmouth won the FA Cup and Jonathan Ross and Russell Brand got in trouble ...

Tags: Joseph Stiglitz: ‘GDP per capita in the UK is lower than it was before the crisis. That is not a success’,  Economy Latest News

11 HOURS AGO - Yahoo! News

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War pushes South Sudan's economy to the brink

Soaring inflation and a likely currency collapse are adding to South Sudan's woes after 17 months of civil war characterised by brutal attacks on civilians. The latest battles between government and rebel forces have centred on the country's last remaining functional oil fields. Oil dollars once accounted for over 90 percent of government revenue in the four-year old nation, which ...

Tags: War pushes South Sudan's economy to the brink,  Economy Latest News

MAY 23, 2015 - San Francisco Chronicle

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What will get Europe's economy rolling again?

The European Central Bank convened prominent economists this week to probe those questions at the Penha Longa golf resort amid steep, densely forested hills near the town of Sintra, Portugal, a few miles from the Atlantic Ocean. Draghi said governments should take advantage of the breathing space afforded by ECB stimulus measures, which include rock-bottom interest rates and a 1.1 ...

Tags: What will get Europe's economy rolling again?,  Economy Latest News