G20 optimistic on global economy
Finance chiefs of the Group of 20 economic powers said they remained confident about the global economy, despite renewed weakness in areas like the eurozone.
11 October 2014 12:08
IMF: Ukraine needs more financial support
The IMF said that embattled Ukraine will need more financing in addition to what the Fund and European partners have offered in the face of "major uncertainty."
Kazakhstan and Turkmenistan to boost bilateral trade with new railway link in place
The railway link Uzen (Kazakhstan) – Kyzylkaya – Bereket – Etrek (Turkmenistan) – Gorgan (Iran) totals 934.5 km, with the longest part (722.5 km) running across Turkmenistan. The Kazakhstan’s section makes up 130 km, with the other 82 km running across Iran.
09 October 2014 17:31
National payment system in Kazakhstan unfeasible: experts
Amidst sanctions standoff between the West and Russia, Kazakhstan is concerned with the lack of its own payment system. Experts comment on possibilities and limitations in introducing such a system.
Russia probes McDonald's children charity
Russian prosecutors have launched a probe into a charitable fund run by the McDonald's restaurant chain, the organisation's director said.
08 October 2014 17:18
IMF slashes Brazil growth forecast for 2014
The International Monetary Fund slashed its 2014 economic growth forecast for Brazil by a full percentage point, blaming weak investment and a consumer funk.