U.S., UK back Berlin's G8 hedge fund initiative: paper
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Germany has won support from the United States and Britain for an initiative to tighten controls on hedge funds, a newspaper reported on Monday.
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EU capitals gave initial backing on Friday to a deal to supply U.S. authorities with data on transatlantic air passengers for use in terror probes pending final approval in some national parliaments, diplomats said.
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BERLIN -- Germany and the United States have agreed on a proposal to write off as much as 80 percent of Iraq's debt, Germany's finance minister said yesterday, capping a months-long US push for debt forgiveness.
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WASHINGTON -- A U S presidential panel said the current system of hedge fund regulation is "working well" and market discipline remains the best way to protect investors and guard against risks to the financial system.
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Business & money: Â· Sovereign-backed firms go on a spending spreeÂ· Bush 'comfortable' with Dubai stake in Nasdaq
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This fund combines the Pacific Rim and Europe.
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HEILIGENDAMM, Germany  - A U.S. plan for fighting global warming will "fold into" wider U.N. efforts rather than set up a rival track, President George W. Bush said on Wednesday as G8 leaders gathered for a summit in Germany.
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TOKYO - Foreign Minister Nobutaka Machimura on Thursday supported US President George W Bush&#39;s initiative involving Japan, Australia and India aimed at helping victims of the massive earthquake and tsunamis in Asia.
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Hedge funds, known for flexing their financial muscles around the globe but still largely shut out of China, hope the quickening pace of Beijing's reforms will open new gateways into the world's fourth-largest economy.
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ESSEN, Germany, Feb. 10 -- The Group of Seven called for more vigilance on the rising power of hedge funds but favored a conciliatory approach toward the industry.
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G-7 approves debt relief, but British 'Marshall Plan' for poor countries faces US skepticism.
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State-linked investment funds in Qatar and Singapore are interested in buying almost one third of the London Stock Exchange from the US Nasdaq market, British media reported on Monday.
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Britain on Wednesday backed a U.S. call to the United Nations to freeze the assets of a London-based Saudi dissident who Washington says has provided support for al Qaeda.
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BERLIN: The United States, Germany and other G7 nations agreed yesterday to write off up to 80 per cent or $33 billion of Iraq&#39;s Paris Club debt, which could pave the way for a wider international accord, officials said.
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"We said that on behalf of the countries of the G-8, that we are aware of our obligations and we would like to fulfill the promises that we entered into and we are going to do that."  Leaders of the Group of Eight agreed Friday on a $60 billion package to fight AIDS, TB and malaria in Africa and warned Iran over its disputed nuclear program, closing out a summit of the world's richer nations.But a deal could not be reached on the the independence-seeking Serbian province of Kosovo during three days of talks at the Baltic Sea resort of Heiligendamm.About half of the $60 billion was pledged earlier by the U.S., and other nations will contribute the rest, Germany's development minister said. Read more
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Last week, President Vladimir Putin received public support from German Chancellor Gerhard Schroeder and American President George Bush.
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The U.S. will back the nomination of Dominique Strauss-Kahn to become managing director of the International Monetary Fund.