The credit card industry and its practices, including interest rates and other fees, came under scrutiny at Senate hearings Wednesday. A Washington Post reporter details the hearings.
Nineteen major creditors agreed Sunday to cancel 80 percent of the $39 billion debt owed to them by Iraq in a deal that boosts U.S. efforts to put the Iraqi economy back on its feet and sets an important precedent…
U.S. special envoy James Baker, French President Jacques Chirac and German Chancellor Gerhard Schroeder agreed Tuesday that international creditors should find a way to ease Iraq's foreign debts in 2004.
After the U.S. decision to bar Iraq war opponents from competing for contracts, Russia has said it may not restructure $8 billion in Iraqi debt despite planned U.S. talks with Moscow and other countries to alleviate the country's large debt…
After two days of riots that toppled President Fernando De la Rua, Argentina's Congress installed Adolfo Rodriguez Saa, a Peronist governor from a rural province, to serve as interim president until new elections are held in March.
Additional Support Provided By:
