WORLD

US Federal Reserve

Get Ready For The Fed?s Summer Sequel - Operation Twist 2

The prolonged crisis in the euro zone, coupled with signs that the U.S. economic recovery is faltering, have led to speculation that the Federal Reserve will provide more monetary stimulus, most likely through extending its Operation Twist program, at the June two-day Federal Open Market Committee meeting, which concludes on Wednesday June 20.
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Nominee For Envoy To Iraq Drops Out Over Affair With Reporter

President Barack Obama's nominee to become the next U.S. ambassador to Iraq withdrew his name on Monday after Republican lawmakers questioned his suitability following revelations that he had engaged in an extramarital affair with a journalist who later became his wife.
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Mitt Romney's Wawa Gaffe: Is He Out Of Touch? [VIDEO]

Republican presidential nominee Mitt Romney was blown away by the sandwiches at WaWas, repeatedly mispronouncing the Pennsylvania-based supermarket chain's name as he recounted his first time visiting a WaWa during a campaign stop in Cornwall, Pa. Is the former Massachusetts governor out of touch?
Exports Overstated by $9 Billion, Says Indian Government

RBI Rate Decision Pressures Delhi For Fiscal Action

The surprise decision Monday by the Reserve Bank of India to hold its interest rate steady because of inflation concerns puts fresh pressure on the ruling Congress Party to find a fiscal solution to the country's flagging economy.
Sen. Joseph Lieberman

Sen Lieberman: White House Leaks 'Worst In A Long Time'

There's concern among some U.S. lawmakers that recent national security leaks that allegedly originated in the White House may have, among other consequences, jeopardized the security of Americans conducting the operations.
Soltanieh

Iran Nuclear Talks Resume In Moscow

Iran has been suspected of developing nuclear weapons, and the world powers in the Russian capital will spend two days trying to get Tehran to stop the enrichment and storage of uranium to 20 percent and open a secret military facility to United Nations inspectors.

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