By Lesley Wroughton WASHINGTON (Reuters) – The head of the World Bank said Wednesday the world had entered a new economic danger zone and that Europe, Japan and the United States all need to make hard decisions to avoid dragging down the global economy. “Unless Europe, Japan, and the United […]

Why would Dr. Ngozi Okonjo-Iweala and Mr. Nasir El’rufai so trenchantly deny that no brother of the Finance Minister’s benefitted from a contract that may not have met all requirements of due process? Why would they have done this, especially as a firm owned by  Okonjo-Iweala’s brother Mr. Chi-Chi Okonjo, […]

By Alex Richardson SINGAPORE (Reuters) – Asian stocks, U.S. index futures and the euro fell on Wednesday as investors remained unconvinced that euro zone leaders have a coherent plan to tackle the bloc’s sovereign debt problems, which many fear could trigger a new banking crisis. Global markets have been roiled […]