| Oct 25, 2013
| 1:37 PM
JOHANNESBURG, South Africa -- Brand South Africa, the body charged with marketing the nation abroad, has had a tough month.
The International Monetary Fund on Oct. 1 downgraded its growth forecast for South Africa and called on the government to take...
| Nov 12, 2013
| 5:08 PM
WARSAW — Michal Ruminski was 6 when his father took him through a local supermarket here. The store shelves were empty, except for some bottles of vinegar, but that was precisely the point. His father wanted the young boy never to forget the...
| Nov 16, 2013
| 6:00 AM
CARACAS, Venezuela — The appliance salesman nervously eyed the chaotic scene outside his door.
An unruly line of shoving and jostling shoppers was waiting to enter the store in a Caracas shopping district, where prices had been cut in half —...
| Oct 9, 2012
| 11:53 AM
Financial woes are only worsening for middle-income Americans living in the West, according to an index calculated by Consumer Reports.
Problems such as job loss and high prices have especially plagued households earning between $50,000 and $99,000 a...
| Jul 9, 2013
| 3:25 PM
CAIRO -- Saudi Arabia and the United Arab Emirates on Tuesday announced a total of $8 billion in economic aid to help shore up Egypt’s military-backed interim leaders after Islamist President Mohamed Morsi was removed in a coup last week.
| Jul 9, 2013
| 6:53 AM
WASHINGTON -- The International Monetary Fund on Tuesday lowered its forecast for U.S. and global economic growth this year, citing the European recession and reduced demand worldwide.
The world economy will grow 3.1% this year, the IMF said, down...
| Jul 3, 2013
| 12:52 PM
June 30, 2012: Mohamed Morsi, a U.S.-educated engineer and activist with the once-banned Muslim Brotherhood, is sworn in as Egypt’s first freely elected president. Morsi won 52% of the votes in a runoff election two weeks earlier and will rule over...
| May 7, 2013
| 9:43 AM
CAIRO -- President Mohamed Morsi reshuffled his Cabinet on Tuesday, strengthening the Muslim Brotherhood’s hold on power and angering the opposition amid Egypt’s economic turmoil and political unrest.
The naming of nine new ministers...
| May 23, 2013
| 4:00 AM
Vladimir Putin emerged from the obscurity of a secret agent’s life when called to Moscow in 1997 by power-hungry oligarchs in search of a pliable accomplice to plant in the Kremlin. In little more than two years, Putin was president of Russia and...
| Jun 14, 2013
| 10:42 AM
WASHINGTON -- The International Monetary Fund on Friday urged U.S. officials to scale back its automatic federal spending cuts, warning that they were "excessively rapid and ill-designed" and were hurting the nation's economic recovery
| Jul 23, 2012
| 11:47 AM
The chasm separating the uber-wealthy from the rest of the world may be wider than most people think, according to a new report from left-leaning British group Tax Justice Network, which says there is at least $21 trillion -- and possibly as much as $32...
| Jun 19, 2013
| 5:00 AM
WASHINGTON -- A difficult task awaits Federal Reserve Chairman Ben S. Bernanke when he faces the TV cameras Wednesday in his quarterly news conference.
He has to try to reassure investors, analysts and politicians that the central bank has a plan for...