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  • More than 300 lawmakers urge IMF, World Bank to cancel poor countries' debt May 13, 2020 12:06 PM IST

    More than 300 lawmakers urge IMF, World Bank to cancel poor countries' debt

    Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries in response to the coronavirus pandemic

  • Tsipras pleads for fair deal for Greece in EU parliament Jul 08, 2015 07:06 PM IST

    Tsipras pleads for fair deal for Greece in EU parliament

    With its banks closed, cash withdrawals rationed and the economy in freefall, Greece has never been closer to a total state bankruptcy that would probably force it to print an alternative currency and leave the euro.

  • Don't expect big things from Washington in 2014 Dec 20, 2013 09:01 AM IST

    Don't expect big things from Washington in 2014

    The Obama administration will grind along to the 2014 open enrollment deadline of March 31 for those troubled new health care exchanges that Americans without insurance must buy from.

  • El-Erian analyses what follows this Congressional deal Oct 17, 2013 09:30 AM IST

    El-Erian analyses what follows this Congressional deal

    What emerged from Congress on Wednesday speaks to stop-gap measures born of exhaustion and political miscalculations, and prompted by national (and global) outrage.

  • Gold in tight range amid US budget talks, fund outflows Oct 15, 2013 10:54 AM IST

    Gold in tight range amid US budget talks, fund outflows

    During the last fiscal debate over raising the US debt ceiling in 2011 - when a deal was only reached at the last minute - gold did not react sharply until after Standard & Poor's downgraded the US credit rating, an analyst at Nomura Securities said.

  • Diwali postage stamp petitions given to US Postal Service Jul 18, 2013 10:45 AM IST

    Diwali postage stamp petitions given to US Postal Service

    Congresswoman Carolyn Maloney was joined by Ami Bera, the only serving Indian-American in the current Congress, and the Indian American couple from New York - Ravi and Ranju Batra - who led the petition campaign, in presenting these Diwali postage stamp petitions to the Deputy Postmaster General

  • Cyber crime and snooping punishments to be tougher in EU Jul 05, 2013 03:08 PM IST

    Cyber crime and snooping punishments to be tougher in EU

    Lawmakers in the European Union said that they will toughen criminal penalties across the region for cyber attacks, especially the ones which involve harming critical national infrastructure and stealing sensitive data.

  • Pakistan lawmakers to elect new premier on June 5 May 27, 2013 04:20 PM IST

    Pakistan lawmakers to elect new premier on June 5

    The PML-N's strength in the National Assembly is set increase further as several parties including the PML-F, National People's Party and National Party are expected to enter into an alliance with it.

  • US lawmakers demand Srinivasan as top court judge May 23, 2013 10:05 AM IST

    US lawmakers demand Srinivasan as top court judge

    The lawmakers, led by Indian-American Congressman Ami Bera, sent the letter yesterday demanding confirmation of Srinivasan as a judge of the country's second highest court.

  • Indian techies don't use up most of H-1B allotment: Study May 04, 2013 01:45 PM IST

    Indian techies don't use up most of H-1B allotment: Study

    Challenging the assertion of several American lawmakers that H-1B visas grabbed by Indian IT professionals eat into their employment market, a new study by an eminent US think-tank has said that contrary to such perception, Indian techies create jobs in the country.

  • Starbucks calls to 'come together' for US deal Dec 27, 2012 07:05 PM IST

    Starbucks calls to 'come together' for US deal

    Everyone in the US is hoping for a deal. They are urging the lawmakers in their own unique ways.

  • Starbucks to use cups for 'fiscal cliff' message Dec 27, 2012 09:07 AM IST

    Starbucks to use cups for 'fiscal cliff' message

    Schultz recently led the world's biggest coffee chain through a painful but successful restructuring that returned it to growth. He is no stranger to using Starbucks as a platform to advocate for an end to the political stalemate in Washington.

  • China hackers breach U.S. Chamber of Commerce Dec 21, 2011 02:18 PM IST

    China hackers breach U.S. Chamber of Commerce

    Hackers in China broke through the computer defenses of the U.S. Chamber of Commerce last year and were able to access information ...

  • US lawmakers abandon deficit-cutting effort Nov 22, 2011 04:02 AM IST

    US lawmakers abandon deficit-cutting effort

    US lawmakers abandoned their high-profile effort to rein in the country's ballooning debt on Monday in a sign that Washington likely will not be able to resolve a dispute over taxes and spending until 2013.

  • China scorns U.S. cyber espionage charges Nov 04, 2011 05:41 PM IST

    China scorns U.S. cyber espionage charges

    China on Friday dismissed a U.S. report on online spying as "irresponsible", rejecting the charge that China uses cyber espionage to steal lucrative U.S. ...

  • U.S. adds Russia to cyber espionage blame game with China Nov 04, 2011 04:43 PM IST

    U.S. adds Russia to cyber espionage blame game with China

    China and Russia are using cyber espionage to steal U.S. trade and technology secrets to bolster their own economic development, which poses a threat to U.S.

  • China denies it is behind hacking of U.S. satellites Oct 31, 2011 04:43 PM IST

    China denies it is behind hacking of U.S. satellites

    Beijing on Monday denied a U.S commission's claim that China may have been responsible for hacking incidents on U.S. environment-monitoring satellites, ...

  • China key suspect in U.S. satellite hacks: commission Oct 29, 2011 11:43 AM IST

    China key suspect in U.S. satellite hacks: commission

    At least two U.S. environment-monitoring satellites were interfered with four or more times in 2007 and 2008 via a ground station in Norway, and China's military is a prime suspect, ...

  • U.S. lawmaker accuses China of cyber spying Oct 05, 2011 12:55 PM IST

    U.S. lawmaker accuses China of cyber spying

    The chairman of the U.S. House of Representatives intelligence committee on Tuesday accused China of widespread cyber economic espionage ...

  • Obama to offer his own debt reduction package Sep 19, 2011 08:27 AM IST

    Obama to offer his own debt reduction package

    Even as President Barack Obama prepares his opening bid on long-term debt reduction, the White House wants to keep the focus on jobs and is determined to avoid getting sucked into another budget fight with lawmakers.

  • Rival US debt plans in doubt, alternatives sought Jul 28, 2011 08:26 AM IST

    Rival US debt plans in doubt, alternatives sought

    Republicans and Democrats rushed to rework rival deficit reduction plans on Wednesday, but with the fate of both proposals heavily in doubt top lawmakers pursued a behind-the-scenes compromise to avert a crippling US debt default.

  • Oil falls as US debt crisis drags on; crude stocks gain Jul 27, 2011 01:38 PM IST

    Oil falls as US debt crisis drags on; crude stocks gain

    Oil fell on Wednesday as a stalemate in the United States over raising the debt ceiling dragged on, with analysts saying the wrangling had already damaged the economy.

  • Snapshot into developments in US debt talks Jul 26, 2011 09:15 AM IST

    Snapshot into developments in US debt talks

    Here is what is happening on Monday as lawmakers try to close in on a deal to raise the USD 14.3 trillion US debt limit by August 2 and avoid a credit default

  • AT&T a 'heavy hitter' donor to US politicians Mar 23, 2011 08:25 AM IST

    AT&T a 'heavy hitter' donor to US politicians

    AT&T's USD 39 billion bid to buy Deutsche Telekom AG's T-Mobile will face scrutiny from US regulators and oversight lawmakers, who will likely demand concessions to ensure open competition among mobile and Internet carriers.

  • India is a promising emerging market: Obama to lawmakers Feb 15, 2011 10:55 AM IST

    India is a promising emerging market: Obama to lawmakers

    India is one of the most important and promising emerging markets in the world, US President Barack Obama told his lawmakers today as he sent his annual budget proposals to the Congress.

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