Greek Deputy Prime Minister Theodoros Pangalos has accused Germany of failing to compensate Greece for Nazi occupation during World War II. Mr Pangalos made the remarks during a wide-ranging BBC interview about Greece's financial difficulties.
International Monetary Fund, IMF, chief Dominique Strauss Khan warned that Brazil and Indonesia and other emerging countries are in “real risk” of suffering an assets price bubble given the inflow on foreign capital.
Japan did not surpass China to become the world’s largest foreign holder of US Treasury securities in December, reported the US Treasury Department on Friday following a revision to figures released earlier this month.
The head of the International Monetary Fund said it would be “intellectually healthy to explore” the possible creation of an international reserve currency that would serve as an alternative to the US dollar-.
An iceberg the size of Luxembourg knocked loose from the Antarctic continent earlier this month could disrupt the ocean currents driving weather patterns around the globe, researchers said on Friday.