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White House chief of staff William Daley quits

White House chief of staff William Daley has resigned and will be replaced by President Barack Obama's budget chief Jacob Lew, senior administration officials have said.Obama is expected to make an......

Beijing tears into Pentagon over South China Sea issue

Ahead of a high-level Sino-US dialogue, China on Monday accused the Pentagon of clinging to “cold war” mentality and attempting to stage a Hollywood blockbuster by deploying its modern......

India, US to work together to combat terror funding

US Treasury Secretary Jack Lew shakes hands with Finance Minister Arun Jaitley before the fifth US-India Economic and Financial Partnership Dialogue in New Delhi. Photograph: Adnan Abidi/Reuters......

US slaps sanctions on N Korea in response to Sony cyber attack

US President Barack Obama imposed fresh financial sanctions on North Korea and its senior officials in America's first public retaliation against the "provocative" cyber-attack on Sony Pictures.......

Mr Verma comes to India

Richard Rahul Verma, the first Indian American to serve as US Ambassador to New delhi, quips that surviving the first month in India is his first goal. Aziz Haniffa/Rediff.com, the only journalist......

US praises reform measures of Modi govt but wants more

Lauding reform measures initiated by the Narendra Modi government, the US Treasury Secretary Jacob Lew on Thursday said India needs more reforms and an open investment climate to attract private......

US nominates Jim Yong Kim as World Bank prez for 2nd term

'Re-electing Jim Yong Kim will allow the World Bank to continue to build on important initiatives and reforms.'     The US on Thursday nominated Jim Yong Kim to be the World Bank......

Defeat in Delhi will not slow down reforms, assures Jaitley

The defeat of the Bharatiya Janata Party in the Delhi Assembly elections will not slow down the pace of economic reforms, Finance Minister Arun Jaitley asserted on Thursday. In his first comments......

'Indian govt's economic reforms significant and meaningful'

The new Indian government's economic reforms are "significant and meaningful" but more work needs to be done to achieve the goals of economic growth, a senior US official has said ahead of Treasury......

Janet Yellen punches through 'glass ceiling'; to head US Fed

The US Senate on Tuesday confirmed Janet Yellen as the head of the Federal Reserve, making her the first woman to lead the the world's most powerful central bank in its 100-year history. Yellen,......
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US nominates Jim Yong Kim as World Bank prez for 2nd term

'Re-electing Jim Yong Kimwill allow the World Bank to continue to build on important initiatives and reforms.' The US on Thursday nominated... ...

http://www.rediff.com/money/report/us-nominates-jim-yong-kim-as-world-bank-prez-for-2nd-term/20160825.htm
US watchdog clears ChemChina’s takeover of Syngenta

A US national security panel has cleared ChemChina's $43 billion takeover of Swiss pesticides and seeds group Syngenta, the companies said,... ...

http://www.mydigitalfc.com/companies/us-watchdog-clears-chemchina%E2%80%99s-takeover-syngenta-926
Report

Britain's decision to quit the European Union has elevated the risks to U.S. financial stability, though they remain moderate, U.S. Treasury... ...

http://www.financialexpress.com/world-news/brexit-move-raises-risks-to-us-financial-stability-report/328712/
G-20 nations pledge to protect world economy

Finance chiefs from the G20 group of countries met in China.Photo: AFP Global finance officials promised on Sunday to protect the world economy... ...

http://www.thehindu.com/todays-paper/tp-in-school/g20-nations-pledge-to-protect-world-economy/article8894844.ece
G20 pledges to use all tools to fight weak global recovery

US Treasury Secretary Jacob J Lew highlighted that Brexit has escalated the importance of growth that is inclusive ...

http://www.business-standard.com/article/international/g20-pledges-to-use-all-tools-to-fight-weak-global-recovery-116072500023_1.html

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Jacob Lew

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