Germany's economy is in full swing, the government said on Thursday, a state of affairs that also led to a record 2016 budget surplus likely to irritate much of the rest of the European Union and play directly into election politics.
The Ukrainian banking system has enough liquidity and there are no substantial outflows of deposits expected from PrivatBank, the central bank's deputy governor said on Tuesday.
With a bitter election campaign finally over, the Congress will reconvene this week to try to set aside its partisan differences long enough to keep the government from closing.
President Obama on Friday won congressional passage of legislation that lifted the threat of a default on government debt through the end of his presidency.
House and Senate lawmakers agreed to a bipartisan compromise to fund the U.S. government through Sept. 30, unveiling the measure days before financing for federal agencies is scheduled to lapse.
The IMF is raising its outlook for the U.S. economy, as a budget deal in Washington and the Federal Reserve’s plan to taper its bond buying ease doubts about the future, IMF Managing Director Christine Lagarde said.
U.S. stocks fluctuated, with the Standard & Poor’s 500 Index poised for the biggest weekly loss since August, as losses in oil producers and phone shares offset gains after the House of Representatives passed a budget deal.
