SANTIAGO Dec 13 The Federal Reserve's promise to pump more money into the U.S. economy is a "worry," as it can further pressure currencies of emerging market countries, Chile's Finance Minister Felipe Larrain said on Thursday.
The Chilean peso and a raft of other currencies in the developing world have strengthened due to historically low interest rates and stimulus programs in the developed world.
Larrain spoke during a press conference with International Monetary Fund Managing Director Christine Lagarde and central bank president Rodrigo Vergara after a meeting to discuss the world economy.
Talks over boosting Illinois Medicaid payments fail
CHICAGO, June 26 A U.S. judge should order Illinois to pay Medicaid providers about $1 billion a month to ensure medical care continues for the three million recipients of the health program after talks with the state reached an impasse, according to a court filing on Monday.