International Monetary Fund managing director Christine Lagarde will visit Nigeria and Niger on December 18-22 on her first visit to Africa while leading the crisis lender, the IMF said Monday. Lagarde will meet policymakers and representatives of the private sector and civil society to discuss challenges facing African countries, the […]

A look at economic developments and activity in major stock markets around the world Monday ___ LONDON — British Prime Minister David Cameron warned that Europe’s new fiscal pact, aimed at fixing the euro, faces significant political hurdles, while investors and ratings agencies said the deal was insufficient to fix […]

Stocks and the euro dropped sharply on Monday as investors worried that Europe’s new pact aimed at fixing the continent’s debt crisis would be insufficient. Markets had rallied on Friday, when the European Union adopted a new fiscal pact meant to prevent a repeat of the financial fiasco that is […]