A short U.S. government shutdown will likely have a limited effect on the economy but will be followed by a protracted debate over increasing the debt limit, which may result in the government’s defa…

Economist A. Michael Spence says emerging market growth is going to produce a boom in investment, which in turn may lead to higher interest rates globally, and a tendency to intervene in internatio…

Short Description: The automatic cuts in U.S. federal government spending, known as the "sequester," will negatively impact the U.S. economy in the short run and will not solve the long-term challeng…

European Union Commissioner for Economic and Monetary Affairs Olli Rehn expects negotiations on a new Greek aid plan between the EU, IMF, and Greek government will conclude "in the coming days," ahea…