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Janet Yellen: world`s most powerful central banker

Last Updated: Tuesday, January 07, 2014, 11:34

The US Senate`s approval on Monday of Janet Yellen to lead the US Federal Reserve puts a woman at the head of the world`s most powerful central bank for the first time.

Janet Yellen gets final approval to head US Federal Reserve

Last Updated: Tuesday, January 07, 2014, 04:48

Janet Yellen, a key force behind the Federal Reserve`s unprecedented and controversial efforts to boost the U.S. economy, was confirmed by the Senate on Monday to lead the central bank just as it begins to unwind that stimulus.

US Senate poised to confirm Janet Yellen as Fed chair

Last Updated: Monday, January 06, 2014, 11:41

The US Senate, kicking off its 2014 session on Monday, intends to waste no time making history as it moves to approve Janet Yellen to be the first woman to head the Federal Reserve.

Iran lawmakers introduce uranium-enrichment bill

Last Updated: Wednesday, December 25, 2013, 23:57

Iran`s state television broadcaster is reporting that some 100 lawmakers have introduced a bill that would force the government to increase uranium enrichment to 60 percent if new sanctions are imposed on the Islamic Republic.

Max Baucus to be named US ambassador to China

Last Updated: Thursday, December 19, 2013, 08:16

US President Barack Obama intends to nominate a senior Democratic senator as ambassador to China, party officials has said.

Asia shares climb on Fed commitment, dollar jumps

Last Updated: Thursday, December 19, 2013, 07:30

Asian share markets rallied on Thursday as a Federal Reserve commitment to low rates offset a long-dreaded decision to taper stimulus, sending Wall Street to record heights and the dollar galloping above 104.00 yen for the first time since 2008.

US Senate passes budget deal, focus shifts to spending

Last Updated: Thursday, December 19, 2013, 03:18

The US Senate on Wednesday passed a two-year budget deal to ease automatic spending cuts and reduce the risk of another government shutdown, shifting the focus to a spending measure that Congress must pass by January 15.

Barack Obama asks senators to `pause` new Iran sanctions

Last Updated: Wednesday, November 20, 2013, 09:19

US President Barack Obama on Tuesday held a meeting with the senators and asked them to not propose new sanctions on Iran for now and permit the world powers to negotiate a nuclear deal.

US senate confirms Indian-American dancer to art job

Last Updated: Friday, October 18, 2013, 10:20

The US Senate has confirmed noted Indian American Bharatanatyam exponent Ranee Ramaswamy as a member of the prestigious National Council on the Arts for a five-year term.

US budget deal: another kick down the road?

Last Updated: Wednesday, October 16, 2013, 23:29

US Senate leaders announced a deal Wednesday to resolve the budget and debt ceiling impasse that threatened to force the country to default on its obligations.

US Senate leaders agree to raise debt ceiling, end shutdown

Last Updated: Wednesday, October 16, 2013, 22:32

The US Senate announced a last-minute deal on Wednesday to avert a historic lapse in the government’s borrowing ability and a potentially damaging debt default, and to reopen the government after a two-week shutdown.

US shutdown ends as Senate Democrats, Republicans strike deal

Last Updated: Wednesday, October 16, 2013, 22:09

According to reports, US Senate leaders on Wednesday agreed to raise the debt limit from the existing USD 16.7 trillion cap and reopen federal agencies that have been closed for two weeks.