global financial crisis News

UN Says China, U.S. Climate Cooperation Raises Hopes for Global Deal

Closer cooperation between China and the United States, the top two greenhouse gas emitters, on combating global warming is boosting prospects for a U.N. deal meant to be agreed next year, the U.N.’s climate chief said on Wednesday. Christiana Figueres …

IMF’s Lagarde Urges World Leaders to Act on Unfinished Financial Reforms

Unfinished financial reforms are hampering recovery in key parts of the global economy and weighing on economic growth, the head of the International Monetary Fund warned on Thursday. In a speech in Toronto, IMF Managing Director Christine Lagarde urged world …