US Congress readying $1 bn in economic aid to Ukraine

US lawmakers said Monday they will introduce a "critical" economic support package to Ukraine authorizing $1 billion in loans to the nation in the grips of a geopolitical face-off with neighbor Russia.

Cyprus’ largest bank warns economy ‘on the brink’

Cyprus’ largest bank has warned that the Cypriot economy is ‘on the brink’ and immediately needs a liquidity lifeline from Europe.