As U.S. default threatened, banks took extraordinary steps
As the United States threatened to default on its debt last month, major U.S. banks set up war rooms, spent many millions of dollars on contingency planning and, in some cases, even prepared to underwrite federal government benefits.
Putin calls Iran's leader, sees chance to end nuclear row
Russian President Vladimir Putin told Iranian President Hassan Rouhani on Monday there was a "real chance" to resolve the international standoff over Tehran's nuclear program.
EU launches new drive to end deadlock over Ukraine's Tymoshenko
European Union envoys will make another attempt this week to break a deadlock over jailed Ukrainian opposition leader Yulia Tymoshenko that has jeopardized plans by the EU and Ukraine to sign a landmark trade and cooperation deal.
China reform plans lift world shares to 6-year high
World shares hit a near six-year high on Monday, boosted by signs of ambitious economic reform in China and the prospect of extended stimulus in the United States.
China signals shift to put market in charge of IPOs
China may reduce the influence of the state on stock markets as part of its sweeping reform agenda, including by making it easier for companies to list their stocks and making management of state-owned enterprises more accountable to shareholders.
Tens of thousands rally for and against Bulgarian government
Tens of thousands of opponents and supporters of Socialist-led government rallied on Saturday, underscoring the widening political divide and uncertainty in the European Union's poorest country.
Iran, world powers close to nuclear deal
Global powers and Iran are close to a preliminary deal to rein in Tehran's nuclear program and should not pass up a "very good chance" to clinch it, Russian Foreign Minister Sergei Lavrov said in remarks broadcast on Saturday.
Uranium shipment signals end of US-Russian nuclear deal
A 20-year-old deal that has powered American homes while reducing the risk of Russian nuclear material falling into the wrong hands approached its end on Thursday when the final shipment of uranium left St Petersburg for Baltimore.
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