IMF Clears $1 Billion Ukraine Loan Tranche After Year Delay
The International Monetary Fund approved a $1 billion aid tranche for Ukraine, resuming disbursements from the former Soviet republic’s $17.5 billion bailout after a yearlong delay and paving the way for further financial assistance from the U.S. and the European Union.
Billionaire investor George Soros discusses the state of the European Union, China's economic slowdown, Fed monetary policy and the 2016 U.S. presidential election with Bloomberg's Francine Lacqua at the World Economic Forum in Davos. (Source: Bloomberg)
A rare $4 coin made by the US in a bid to join the 19th century version of the European Union. The 'Stella' was proposed by American finance chiefs in the hope it would enable the US to join the Latin Monetary Union (LMU), which was mostly made up of European countries. Today, only six of the coins are still in existence - making them some of the most rare and sought-after pieces in the world.