EU must realise Russia sanctions lead nowhere: Moscow
The European Union's decision to extend sanctions against Russia over Ukraine is a destructive policy that will lead nowhere.
Gaza war pushed Palestinian economy into recession: IMF
The war between Israel and Gaza drove the Palestinian economy of Gaza and the West Bank into its first contraction since 2006, the International Monetary Fund said.
Obama to request hike in US military budget: officials
President Barack Obama plans to ask for an increase in military spending in a proposed budget for 2016.
IMF begins work on 'Plan B' as US blocks reforms
The IMF said it would begin working on alternatives to its stalled, five-year-old reform program after passing another year without the required ratification.
It will take 5-6 years for Kazakhstanis to stop quoting domestic prices in the US Dollar
Olzhas Khudaibergenov, Director of the Center for Macroeconomic Research, outlined measures to reduce the currently excessive dollarization of the country’s economy.
Greece-EU clash spreads to Russia sanctions
Greece has created a new headache for the EU by questioning sanctions against Russia over Ukraine.
EU to consider new Russia sanctions over Ukraine
European Union leaders have tasked their foreign ministers to consider a new wave of sanctions against Russia when they meet in Brussels.
IMF set to continue support Greece after election
The International Monetary Fund said it was prepared to continue its financial support of Greece.
Kazakh National Bank Governor reiterates tenge stability
Kairat Kelimbetov reassures the population of Kazakhstan of the stability of the tenge.
Russians ready to eat less in crisis, united round Putin: deputy PM
Russians are ready to ride out the current economic crisis, even by eating less food, and to stand by President Vladimir Putin's side regardless.
Russia unveils $21 bn anti-crisis plan
The Russian government unveiled a $21 billion anti-crisis plan to tackle the country's stalled economy.
Jews, Muslims, Christians tackle 'Charlie', religious violence at Davos
What do a rabbi, an archbishop, a top Islamic academic and former British prime minister Tony Blair have in common?
EBRD on Kazakhstan’s 2015 economic prospects
Back in September 2014 the Bank had estimated the country’s 2015 growth rate at 5.1%.
World Bank trims estimate of Ebola economic cost
The World Bank trimmed its estimates of the economic damage of the Ebola epidemic.
IMF chief warns Greece: 'A debt is a debt'
IMF chief Christine Lagard warned of "consequences" if European countries try to renegotiate their debts, ahead of Greek elections.
Kazakh budget revised amidst dropping oil prices
Kazakhstan is revising its budget because of the falling global oil prices.
Russian government takes flak as it fails to stem economic crisis
Russian authorities are coming in for growing criticism from economic insiders concerned over a lack of clear policies to deal with the crisis.
Moody's cuts Russia debt rating one notch
Moody's cut Russia's credit rating to one step above junk level Friday and warned the country was under review for a further downgrade.
Barclays loses tens of millions over Swiss franc move
British bank Barclays has lost "tens of millions" of dollars after Switzerland's central bank scrapped its currency ceiling against the euro.
Kazakhstan’s Central Bank Governor on tenge prospects
According to him, back in 2014 the country’ economy accumulated certain margin of safety. The country’s gold and FX reserves reached $102 billion, including $73 billion with the National Oil Fund.