Bester News

Ukraine awaits Tymoshenko concession or legal fight

Mon, Feb 8 2010, 11:42 AM EST on Bester News Popup Menu

KIEV (Reuters) - Ukraine waited for Yulia Tymoshenko Tuesday to contest a weekend presidential election or concede defeat and allow the winner, Viktor Yanukovich, to start piecing together a governing coalition in parliament.

EU-U.S. to hold summit in Portugal in November

Tue, Aug 17 2010, 11:25 AM EDT on Bester News Popup Menu

BRUSSELS (Reuters) - The European Union and United States will hold a summit in Portugal in November, the EU and the White House said on Tuesday, offering an opportunity to rebuild ties strained by the cancellation of their last meeting.

Statement by the Press Secretary on the Upcoming Visit of NATO Secretary General

Fri, Sep 3 2010, 4:31 PM EDT on Bester News Popup Menu

President Obama will welcome the Secretary General of the North Atlantic Treaty Organization (NATO), Mr. Anders Fogh Rasmussen, to the White House on September 7, 2010. As part of the President’s ongoing consultations with allies about our global agenda, the two leaders will discuss NATO’s role in advancing our shared interests in Europe and beyond, including through the International Security Assistance Force mission in Afghanistan. They will discuss preparations for the November 19-20, 2010 NATO Summit in Lisbon, Portugal, which will include a focus on NATO’s development of new capabilities that ensure it is able to respond effectively to 21st century challenges.

U.S. gets tough to make Europe yield IMF power

Thu, Aug 26 2010, 2:20 PM EDT on Bester News Popup Menu

WASHINGTON (Reuters) - The United States has taken unprecedented action at the International Monetary Fund to try to force Europe to give some of its power on the IMF board to emerging economies.

Rough road ahead for forint as Hungary spurns IMF

Wed, Jul 21 2010, 4:32 AM EDT on Bester News Popup Menu

PRAGUE (Reuters) - The breakdown in Hungary's talks with international lenders may be chiefly a domestic political ploy but the Fidesz government is likely to end up suffering for its failure to take more account of its reputation abroad.

Hungary signals IMF deal over; EU goal in question

Thu, Jul 22 2010, 3:39 PM EDT on Bester News Popup Menu

BUDAPEST (Reuters) - Hungary's prime minister signaled on Thursday that he would not renew a deal on an IMF safety net and would row back on a commitment to cut the budget deficit to European Union-prescribed levels next year.

Drought and rains still blight Black Sea wheat crops

Wed, Aug 11 2010, 8:59 AM EDT on Bester News Popup Menu

MOSCOW (Reuters) - Drought in Russia, Ukraine and Kazakhstan looked set to continue for at least another week, while heavy rainfall has drenched Romania and Bulgaria.

Black Sea winter grain threatened; wheat price firm

Fri, Aug 13 2010, 9:56 AM EDT on Bester News Popup Menu

MOSCOW/KIEV (Reuters) - Relentless drought is threatening Black Sea winter grain crops -- key to the region's 2011/12 harvest -- with farmers switching a third of land used for sowing in Russia to spring varieties, keeping wheat prices high.

Stellar German recovery masks euro zone strains

Mon, Aug 16 2010, 8:52 AM EDT on Bester News Popup Menu

BERLIN (Reuters) - Germany's export-led growth surge is of little help to its poorer euro-zone peers, and its enthusiasm for budget austerity risks undermining other euro zone economies' efforts to escape a debt and growth crisis.

Power struggle threatens to paralyze IMF

Thu, Aug 26 2010, 5:51 AM EDT on Bester News Popup Menu

WASHINGTON (Reuters) - A power struggle threatens to throw the International Monetary Fund into disarray unless a compromise is reached soon between the United States and Europe over how to give more say to emerging powers.

Analysis: Power struggle threatens to paralyze IMF