As U.S. lawmakers and President Barack Obama haggle over plans to cut Washington’s massive debt, the International Monetary Fund says the United States must take urgent and effective action on the issue. Monday, the newest IMF report on the U.S. economy said it is critical to the U.S. and other economies for Washington to promptly […]
Aung San Suu Kyi Meets Burmese Official in Rangoon
Burmese democracy activist Aung San Suu Kyi met on Monday with a high-level government minister for the first time since her release last year from house arrest. The government official, Labor and Welfare Minister Aung Kyi, later described their talks in Rangoon as a “first step” toward further cooperation, adding that the talks included discussions […]
IMF Urges Swift Action on US Debt Dispute
As U.S. lawmakers and President Barack Obama haggle over plans to cut Washington’s massive debt, the International Monetary Fund says the United States must take urgent and effective action on the issue. Monday, the newest IMF report on the U.S. economy said it is critical to the U.S. and other economies for Washington to promptly […]
IMF Urges Swift Action on US Debt Dispute
As U.S. lawmakers and President Barack Obama haggle over plans to cut Washington’s massive debt, the International Monetary Fund says the United States must take urgent and effective action on the issue. Monday, the newest IMF report on the U.S. economy said it is critical to the U.S. and other economies for Washington to promptly […]
IMF Warns as US Politicians Wrangle Over Debt
As U.S. congressional leaders and President Barack Obama haggle over plans to cut spending and perhaps raise taxes, a key expert at the International Monetary Fund says Washington needs to do both to solve its debt problems. Gian-Maria Milesi-Ferretti told journalists Monday that the U.S. economic recovery is still weak, so spending cuts should be […]
Aung San Suu Kyi Meets Burmese Official in Rangoon
Burmese democracy activist Aung San Suu Kyi met on Monday with a high-level government minister for the first time since her release last year from house arrest. The government official later described the talks as a “first step” toward further cooperation and said the two sides had agreed to meet again. Aung San Suu Kyi […]
Aung San Suu Kyi Meets Burmese Official in Rangoon
Burmese democracy activist Aung San Suu Kyi visited a government guest house in Rangoon Monday for her first talks with a high-level government official since her release from house arrest in November. Later, in a joint statement, the Nobel laureate and Labor Minister Aung Kyi said they were satisfied with the meeting, which included issues […]
Aung San Suu Kyi Meets Burmese Official in Rangoon
Burmese democracy activist Aung San Suu Kyi visited a government guest house in Rangoon Monday for her first talks with a high-level government official since her release from house arrest in November. Spokesmen for the Nobel Peace laureate’s National League for Democracy said the meeting with Labor Minister Aung Kyi was arranged in the past […]
US Leaders Seek Debt Reduction Accord
With a deadline fast approaching, the White House and U.S. congressional leaders are continuing efforts to reach an agreement that will prevent the world’s richest nation from defaulting on its debt. The leader of the majority party in the House of Representatives, John Boehner, called Sunday on his fellow Republicans to support what he called […]
Top Senate Democrat: Republicans Not Compromising on Debt Crisis
U.S. Senate Majority Leader Harry Reid has accused Republican lawmakers of pushing the United States to the “brink of default,” by resisting compromise in high-stakes budget talks. In a statement following an urgent meeting late Saturday with congressional leaders, Reid said he will only accept a deal that raises the U.S. $14.3 trillion debt ceiling […]