World News

Greek finance minister quits after voters reject bailout terms

Mon Jul 6, 2015/Reuters Greece‘s outspoken finance minister resigned on Monday, removing a major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Yanis Varoufakis, a self-proclaimed “erratic Marxist” economist who infuriated […]

Investors see growing risks in Nigeria’s devaluation delay

July 2, 2015 By Karin Strohecker and Sujata Rao/Reuters International investors, dismayed by Nigeria’s decision to delay a naira devaluation they see as long overdue, will hold back from its stock and bond markets, raising risks of a deeper crisis in Africa’s biggest economy. The afterglow from March, when an […]