UNITED STATES

IBTimes Logo

U.S. stresses NATO role despite Afghan expansion

As the United States pours troops into Afghanistan and boosts its role in the NATO force's command structure, Washington is trying to reassure its allies that it still wants the war to be a joint effort.

Bailout cops to police valuations as banks exit

IBTimes Logo
The two primary watchdogs of the U.S. financial bailout program are studying whether taxpayers will get a fair return on banks' warrants as the largest firms repay government investments, according to a letter sent to lawmakers this week.
IBTimes Logo

G8 to discuss exit from stimulus

Germany will press G8 finance ministers to start working on how to return policy to normal after months of crisis at a meeting in Italy on Friday, although hopes the world economy has turned the corner are still fragile.
More news
IBTimes Logo

Oil falls below $72 as dollar gains

Oil fell below $72 a barrel on Friday, a day after reaching a near eight-month high, pressured by a firmer dollar and views that prices have risen too far despite improving economic sentiment.
IBTimes Logo

U.S. import prices rise on petroleum

U.S. import prices rose 1.3 percent in May, the Labor Department said on Friday, but the gain was powered by petroleum prices and underlying import price pressures were more muted.
IBTimes Logo

Daily Forex Commentary12/6/2009

Australian Dollar: Cool winter winds may be blowing in Sydney but the Australian dollar is on fire at the moment and opens on Friday at 0.8190.
IBTimes Logo

Setanta in talks with potential investor-source

The two founders of struggling Irish sports broadcaster Setanta are in talks with a potential investor which could prevent the group from falling into administration, a source familiar with the situation said on Friday.
IBTimes Logo

BlackRock lands BGI, Barclays boosts capital

BlackRock has agreed to buy Barclays Global Investors to create the world's biggest asset manager in a $13.5 billion deal that British bank Barclays hopes will put to rest concerns about its capital.
IBTimes Logo

Local troubles still hinder India's global role

India represents a sixth of humanity and its giant economy may help reshape global business, but its place in the world is still hindered by the country's struggles to find stability in its own dangerous neighbourhood.
IBTimes Logo

Iraq parliament Sunni leader killed at mosque

The head of the Iraqi parliament's biggest Sunni Muslim bloc was killed at a mosque on Friday, officials said, an assassination which could undermine efforts for sectarian reconciliation in Iraq.
IBTimes Logo

What does Sunni leader's murder mean for Iraq?

The murder at a mosque of the head of the Iraqi parliament's biggest Sunni Muslim bloc could frustrate efforts to seek reconciliation among the country's fractious sectarian and ethnic groups after years of conflict.
IBTimes Logo

Oil falls below $72 after three-day rally

Oil fell below $72 a barrel on Friday, a day after reaching a near eight-month high, pressured by a firmer dollar and views that prices have risen too far despite improving economic sentiment.
IBTimes Logo

U.S. House passes bill to triple aid to Pakistan

The U.S. House of Representatives on Thursday approved tripling U.S. aid to Pakistan to about $1.5 billion a year for each of the next five years in a key part of a strategy to combat extremism with economic and social development.
IBTimes Logo

NATO ministers back shake-up in U.S. Afghan command

NATO ministers have backed a U.S. shake-up of military command in Afghanistan based on a model used in Iraq, as well as plans to step up training of Afghan security forces, a NATO spokesman said on Friday.
IBTimes Logo

EU says U.S. auto aid plan may distort world trade

U.S. financial aid to carmakers and a number of stimulus packages adopted by other countries to fight the economic slowdown could distort global trade, a confidential European Commission report said.
IBTimes Logo

Retaliation North Korea may take against UN

North Korea is unlikely to respond militarily to planned U.N. sanctions for its nuclear test, but the possibility should not be completely dismissed, U.S. Defence Secretary Robert Gates said.
IBTimes Logo

Stock futures add to losses as oil retreats

Stock index futures extended losses on Friday, signaling a lower Wall Street open, as crude oil hovered near session lows and gold retreated amid a rise in the U.S. dollar.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.