G20

Russia grants Snowden a year's asylum, summit in doubt

Photo

MOSCOW - Russia granted American fugitive Edward Snowden a year's asylum on Thursday, allowing the former U.S. spy agency contractor to slip quietly out of Moscow's Sheremetyevo airport after more than five weeks in limbo but angering the United States. | Video

Obama rethinks Putin summit after Snowden granted asylum

WASHINGTON - President Barack Obama is rethinking whether to hold a summit in Moscow with President Vladimir Putin next month after Russia rejected U.S. pleas and gave temporary asylum to former American spy agency contractor Edward Snowden, the White House said on Thursday.

World, Politics, Russia 3:58pm EDT

Senator urges Obama to recommend moving G20 summit outside Russia

WASHINGTON - Senator Charles Schumer urged President Barack Obama to retaliate against Moscow for granting asylum to accused national security leaker Edward Snowden by recommending that the upcoming G20 economic summit be moved outside of Russia.

2:24pm EDT

UPDATE 5-Russia grants Snowden a year's asylum, summit in doubt

* U.S. "extremely disappointed", weighs value of summit (Adds White House reaction)

2:13pm EDT

U.S. assures Russia Snowden won't be executed or tortured

MOSCOW/WASHINGTON - The United States has made a formal promise to Russia not to execute or torture Edward Snowden if he is sent home to face charges of illegally disclosing government secrets, and the Kremlin said Russian and U.S. security agencies are in talks over his fate.

U.S., Russia 26 Jul 2013

UPDATE 2-Britain's EU ambassador is surprise pick for Bank of England role

* Cunliffe practised at EU and G20 regulatory negotiations

COLUMN: The global return to pre-crisis growth strategies - Anatole Kaletsky

July 25 - Margaret Thatcher used to say that "there is no alternative" to whatever policy she believed in. But there is always an alternative to banging your head against a brick wall. You can stop banging your head against a brick wall. The G20 Finance Ministers' meeting in Moscow last weekend may have marked such a moment of revelation, when governments around the world gave up on fiscal and financial austerity, and recognized that growth based on consumption, borrowing and rising ho

IRS pursuing 'stateless income' tax enforcement: official

WASHINGTON - The Internal Revenue Service is pursuing tax enforcement cases against companies over the issue of "stateless income," a senior agency official said on Wednesday in a reference to corporate profits that are not taxed by any country.

24 Jul 2013

CORRECTED-U.S. IRS pursuing 'stateless income' tax enforcement -official

(Corrects to say University of Southern California Gould School of Law in the sixth paragraph.)

IRS pursuing 'stateless income' tax enforcement: official

WASHINGTON - The Internal Revenue Service is pursuing tax enforcement cases against companies over the issue of "stateless income," a senior agency official said on Wednesday in a reference to corporate profits that are not taxed by any country.

24 Jul 2013

Infographic

Photo

Global GDP comparison

A graphical look at the world's top economies by size and per-capita production.  Interactive