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Obama budget requests U.S. funding shift for IMF

WASHINGTON - President Barack Obama asked Congress again on Wednesday to permanently boost U.S. funding to the International Monetary Fund, a measure that would increase the clout of China and other big emerging economies at the institution.

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Found 1 month ago on channel Reuters

Obama seeks authority for IMF vote reforms

WASHINGTON - The Obama administration has asked the U.S. Congress for authority to implement historic voting reforms in the International Monetary Fund agreed in 2010 that would boost the influence of emerging economies like China in the institution, sources said on Tuesday.

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Found more than 1 month ago on channel Reuters

Insight: China ups lobbying game, but faces key tests in U.S., Canada

WASHINGTON/OTTAWA - Back in the day, before the U.S. Congress tore apart China's proposed multi-billion dollar deals with Western companies one after the other, Beijing's lobbying left little to the imagination.

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Found more than 1 month ago on channel Reuters

U.S. unions urge tougher enforcement in Russia trade bill

WASHINGTON - U.S. union groups, frustrated by what they describe as a decade of broken promises by China since the Asian economic giant joined the World Trade Organization, are pressing Congress to take a tougher approach with Russia, which is poised to enter the WTO.

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Found more than 1 month ago on channel Reuters

Pentagon sees doubled cost for rocket launch program

WASHINGTON - The Pentagon on Thursday told Congress that a recent restructuring of its heavy rocket launch program to add 60 more launches and extend the schedule for a decade would more than double the program's projected cost to $70.7 billion.

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Found 4 hours ago on channel Reuters