Don’t Panic About Social Security
Following big Republican gains in the midterm elections earlier this month, and with President Barack Obama’s deficit commission unveiling its new proposals last week, everyone seems in agreement t...
By Elvina Nawaguna WASHINGTON (Reuters) - The International Monetary Fund said on Thursday that Ukraine's government had provided the documentation needed to show whether it had met conditions for a financial aid package and the Fund's board would meet on April 30 to review and consider the matter. The IMF tentatively agreed in late March to provide a $14 billion-$18 billion two-year bailout to help Ukraine recover from months of political and economic turmoil. The IMF board has yet to approve that package. (Reporting by Elvina Nawaguna; Editing by Paul Simao)
By Lucia Mutikani WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods rose more than expected in March and a measure of business capital spending plans surged, bolstering views of an acceleration in growth in the second quarter. Thursday's robust durable goods report was the latest confirmation it was out of hibernation. Orders for durable goods, items meant to last three years or more, increased 2.6 percent last month as demand rose across all categories, the Commerce Department said. The end of long-term unemployment benefits and cuts to food stamps have also robbed the economy of momentum.
By Margarita Antidze TBILISI (Reuters) - France and Germany assured Georgia on Thursday that a deal bringing it closer to the European Union would be sealed within weeks, moving to tighten ties with the ex-Soviet republic as tension mounts between Russia and the West over Ukraine. The two core EU nations' top diplomats affirmed plans to speed up the signing of a deal to boost trade and political ties - the same kind of pact whose rejection by Ukraine in November touched off the biggest East-West crisis since the Cold War. "I am sure that by the end of June the agreement will have been signed and that it is an important milestone in the history of Georgian and European relations," German Foreign Minister Frank-Walter Steinmeier said in Tbilisi. "This agreement is not aimed against anyone ... The EU's economic relations with Georgia don't place economic cooperation between Georgia and Russia in doubt," he told a joint news conference with French Foreign Minister Laurent Fabius.