Rolf Berg

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China finance minister: confident AIIB can start functioning before year end

Lou was speaking at a ceremony in Beijing at which delegates from 57 countries will sign articles of agreement on the founding of the China-backed AIIB.<p>(Reporting by Koh Gui Qing; Writing by John Ruwitch; Editing by Shri Navaratnam)

Greek debt crisis: Banks to remain shut all week<p><b>Greek banks are closed and will stay shut for the week, after the country's debt crisis took a dramatic turn.</b><p>But cash machines are due to reopen in …


Greece crisis could overshadow jobs, Fed

This week was supposed to be all about the June jobs report and what it means for the Federal Reserve's interest rate hike plans. But the high-stakes Greece debt crisis is now No. 1 on the worry list of global investors.<p>Investors all along figured despite the brinkmanship between the Athens …

Former IMF economists give damning assessment of Puerto Rico economy

The struggling Caribbean island Puerto Rico needs to restructure its debts to bridge financing gaps in coming years, in what could be a precedent-setting move, according to a copy of a report by former IMF economists posted on websites of the island’s media.<p>Puerto Rico’s governor’s office and a …