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Senior U.S. officials have stepped up their efforts to lead Western governments to use hundreds of billions of dollars of frozen Russian central bank reserves to help Ukraine, according to three people who spoke on the condition of anonymity to describe internal conversations.
The effects of the global financial crisis are also being felt on the stock markets of the Arab world. It is no surprise, therefore, that finding ways out of the current crisis was at the top of the agenda at the recent World Islamic Economic Forum in Jakarta. Does "Islamic Banking" have the answer? Peter Philipp reports
The dollar’s world reserve currency status has taken a series of hits amid the escalation of the Ukrainian crisis into a full-blown NATO-Russia proxy war.
Drought has shrunk the water supply from the Colorado River, but seven states rely on it for at least some of their water.
Seven Western states, including California, are nearing a deadline to submit a plan on how to cut water usage from the Colorado River.