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U.S. markets recover from steep losses
MOSCOW, May 27 (UPI) -- Russian Finance Minister Alexei Kudrin said Russia expected to spend $10 billion on International Monetary Fund bonds to support struggling countries.
"Some EU countries and other economies have expressed their support for the enlargement of the IMF's financial resources. In turn, the IMF has offered a number of financial instruments that would be advantageous and suitable for countries that would be prepared for the time being to provide financial resources in the form of loans … to support needy countries," Kudrin said.
The funding, taken from Russian international reserves, complies with an April pledge among Group of 20 nations to increase international reserves by $1.1 trillion, RIA Novosti reported Wednesday.
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JAKARTA, May 24 (UPI) --
Indonesia needs to address loopholes in its moratorium on deforestation, Greenpeace said.
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LISLE, Ill., May 24 (UPI) --
A new special operations tactical vehicle has been unveiled by three U.S. companies.
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First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
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It is a whole new ball of wax in Europe these days.
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