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World Bank increases drought aid to Horn of Africa

The World Bank has announced it is increasing funding for the drought in the Horn of Africa to nearly $2bn. It says that the funds are needed to provide humanitarian assistance…

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World Bank increases drought aid to Horn of Africa

The World Bank has announced it is increasing funding for the drought in the Horn of Africa to nearly $2bn. It says that the funds are needed to provide humanitarian assistance…

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IMF resources wont suffice if global crisis worsens: Lagarde

NEW YORK: The International Monetary Fund’s (IMF) $384-billion lending chest may not be enough to meet all loan requests if the global economy worsens, said managing director Christine Lagarde . “The fund’s credibility, and hence effectiveness, rests on its perceived capacity to cope with worstcase scenarios,” Lagarde said in an…

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IMF resources wont suffice if global crisis worsens: Lagarde

NEW YORK: The International Monetary Fund’s (IMF) $384-billion lending chest may not be enough to meet all loan requests if the global economy worsens, said managing director Christine Lagarde . “The fund’s credibility, and hence effectiveness, rests on its perceived capacity to cope with worstcase scenarios,” Lagarde said in an…

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Geithner sounds alarm on Europe

By Ben Rooney September 24, 2011: 11:09 AM ET U.S. Treasury Secretary Tim Geithner said European leaders need to do more to prevent financial chaos in Europe. NEW YORK (CNNMoney) — The Treasury Secretary says the euro area sovereign debt and banking crisis are the biggest threat to the global economy and European leaders need to do more to resolve ...

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Amanda Knox appeal: Prosecutors reject DNA concerns

Prosecutors have used their concluding statements in the appeal of two people convicted of killing a British student to defend the DNA evidence in the case. American Amanda Knox and Italian Raffaele Sollecito were found guilty in 2009 of the murder of Meredith Kercher, from south London, in…

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France to ‘extradite’ Noriega to Panama

A French court has granted a conditional release for Panama’s former president to be extradited to his country to serve a 20-year prison sentence for human-rights abuses. The release for the 77-year-old Manuel Noriega, who was overthrown in a 1989 US invasion and has been serving a seven-year sentence in France for money laundering…

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France to ‘extradite’ Noriega to Panama

A French court has granted a conditional release for Panama’s former president to be extradited to his country to serve a 20-year prison sentence for human-rights abuses. The release for the 77-year-old Manuel Noriega, who was overthrown in a 1989 US invasion and has been serving a seven-year sentence in France for money laundering…

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