President Barack Obama on Friday nominated a Korean-American known for work fighting HIV/AIDS in impoverished countries to lead the World Bank, a job emerging economies are contesting for the first time.
The Consumer Financial Protection Bureau yesterday revealed that outstanding student debt crossed the $1 trillion mark last year, 16 percent higher than an earlier estimate by the Federal Reserve Bank of New York.
Defaulted Kazakh bank BTA names creditor directors
Defaulted Kazakh bank BTA said on Thursday that bondholders had approved two new creditor directors to serve on the bank's board of directors, as the bank continues restructuring talks with its creditors.
China Inks $31 Billion Currency Swap Deal With Australia
China's central bank, the People's Bank of China, signed a $31 billion currency swap agreement with their Australian counterparts on Thursday, as the Chinese government continues its push to establish the yuan as a global reserve currency.
N. Nazarbayev suggested updating underlying Treaty of Friendship between Kazakhstan and Russia
MOSCOW. March 20. KAZINFORM Head of State Nursultan Nazarbayev has made an offer today in the meeting with Chairman of the Russian Government Vladimir Putin to update the underlying Treaty of Friendship between Kazakhstan and Russia.