Matthew Mello

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Puerto Rico government delays fiscal reform plan

SAN JUAN (Reuters) - Puerto Rico will delay until Sept. 8 the completion of its fiscal reform plan, the commonwealth’s government said on Saturday, citing time spent on contingency disaster planning by the government in the run-up to Tropical Storm Erika.<p>A working group appointed by Puerto Rico …

Puerto Rico

Theresa May: only migrants with jobs should be let in to UK

Only European migrants with a job lined up should be allowed into the UK, the home secretary, Theresa May, has said, arguing that current levels of migration are unsustainable.<p>Her comments came after figures from the Office for National Statistics showed migration to Britain had hit a record high, …

Even a modest slowdown in China sacks the global commodities market

By Chico Harlan<p>, Bureau chief<p>Until recently, China was a beast whose appetite knew almost no limit. It feasted on the world’s raw materials, buying them in a voracious, globe-spanning spree. Indonesian coal powered villages that morphed into mega-cities. Peruvian copper lined power cables for …

Private sector, workers should tighten belt to save jobs: South Africa president

LEPHALALE, LIMPOPO, SOUTH AFRICA (Reuters) - South Africa’s private sector and workers need to tighten their belts to save jobs in Africa’s most advanced economy, President Jacob Zuma said on Sunday.<p>South Africa's President Jacob Zuma answers questions in parliament in Cape Town August 6, 2015. …

South Africa

Cost, length of Exxon's cleanup still unclear after deal

TRENTON, N.J. (AP) — The $225 million settlement between ExxonMobil and New Jersey reached this week confirms the oil giant must clean up more than …

New Jersey

Greek leftists say they would apply bailout but fight to ease pain

ATHENS (Reuters) - The leftist Syriza party of former Prime Minister Alexis Tsipras will challenge Greece’s creditors on unresolved aspects of the nation’s bailout but implement unpopular reforms it has already agreed, it said on Sunday.<p>Greek Prime Minister Alexis Tsipras stands at his office door …

Europe

When did the world get so vulnerable to the vagaries of the Chinese stock markets?

Things have settled down some since last Monday (Aug. 24), when fears of the next global financial crisis churned markets—and stomachs—everywhere. Major North American and European indexes finished the week just above where they had started it. Still, a queasiness lingers in the fact that there’s …

Stock Markets

Jindal: Immigrants to the U.S. must 'get to work'

Immigrants to the United States "should want to be Americans," Louisiana Gov. Bobby Jindal says.<p>"I think we need to insist that folks who come here come here legally, learn English, adopt our values, roll up our sleeves and get to work," the Republican governor and presidential hopeful said in an …

Joe Biden Faces Tough Road to White House, Starting With Iowa

As vice president considers a 2016 bid, Hillary Clinton and Bernie Sanders gather staff, support<p>Joe Biden’s potential bid for the Democratic presidential nomination faces a fundamental question: Does he have a viable path through a treacherous electoral map?<p>Interviews with Democratic Party …

Government