Jacob “Jack” Lew, US treasury secretary, attends a news conference ahead of a G20 meeting in Sydney, Australia. Photo: Bloomberg

The United States threw its weight behind a push to make global taxation reform a key goal for the Group of 20 advanced and emerging economies(...)

Brendan Howlin, Minister for Public Expenditure & Reform sharing a joke with Michael Noonan, Minister for Finance yesterday at Government Buildings. Photograph: Cyril Byrne

Contact with Angela Merkel’s office in Berlin by Taoiseach Enda Kenny, and between Minister for Finance Michael Noonan and his counterparts in the Ger(...)

Workers make the last preparations inside the Congress Center, two days before the opening of the 44th Annual Meeting of the World Economic Forum in Davos, Switzerland. Photograph: Jean-Christophe Bott/EPA

On the face of it, a combination of record low interest rates, ample liquidity and faster economic growth should sustain the world’s recovery from fin(...)

Michael Noonan: also scheduled to meet US treasury secretary Jack Lew. Photograph: Bryan O’Brien

Minister for Finance Michael Noonan will argue his case today with International Monetary Fund (IMF) leaders for minimum policy conditions in any post(...)

Fitch Ratings warned today it could cut the sovereign credit rating of the United States from AAA citing the political brinkmanship over raising the federal debt ceiling. Photograph: Brendan McDermid/Reuters

Global markets were on tenterhooks today as the United States edges to the brink of a dangerous debt default which threatens the global economy.Rating(...)

US Treasury secretary Jack Lew and Federal Reserve chairman Ben Bernanke assured their G20 counterparts at a dinner last night that a resolution would be reached to avoid a debt crisis. Photograph: Michael Nagle/Bloomberg

Top finance officials from the G20 leading economies looked set to keep their focus on the receding risk of a US default at talks today as hopes grew (...)

US president Barack Obama said he would be willing to negotiate with Republicans only if they agree to re-open the government and raise the debt limit with no conditions. Photograph: Andrew Harrer/Bloomberg

Asian shares sagged and the dollar languished close to an 8-month low on today as the US budget deadlock dragged on, further chipping away at investor(...)

US president Barack Obama waves goodbye at the end of his news conference at the White House Briefing Room in Washington yesterday.

US president Barack Obama turned up the political pressure on Republicans yesterday, saying he would be willing to negotiate on budget issues only aft(...)

US president Barack Obama arrives at the Federal Emergency Management Agency (FEMA) National Response Co-ordination Center in Washington. Photographer: Shawn Thew/Pool via Bloomberg

The White House has signalled that it would be open to a short-term hike in the US debt limit as the United States moved a step closer to its first-ev(...)

Ryanair said it would provide passengers, business travellers and corporate travel departments with more ways to book flights. Photograph: Chris Radburn/PA Wire
Stocks fall on US budget concerns

The Iseq closed unchanged yesterday at 4,273.23, following a pattern set across Western markets. Traders and analysts put most of the blame for the sl(...)

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