Japan tax hike boosts inflation, hurts spending in May
Inflation hit a three-decade high and unemployment dipped further in Japan, data showed Friday, as the government's bid to jumpstart the economy takes hold, even as analysts warned it was too early for celebrations.
New debt would be 'worst possible' error in EU: Schaeuble
Running up new debt would be "the worst possible" thing to do, German Finance Minister Wolfgang Schaeuble said on Tuesday as a debate resurfaces over an easing of EU fiscal rules.
G20 lagging on growth targets: Australia
Reforms proposed to lift global growth in line with a target set by the world's biggest economies earlier this year are so far falling short, Australian Treasurer Joe Hockey said.
23 June 2014
Kazakh VIce-PM about foreign debt
Kazakhstan's Vice Prime Minister and Minster of Finance Bakhyt Sultanov reported to the Parliament about the measures the government was planning to use to reduce the foreign debt of the country.
22 June 2014
After eurozone crisis, IMF rethinks rescues
The International Monetary Fund is rethinking bailouts in the wake of the eurozone crisis, with an eye to giving governments near default better options to stabilize their finances.
21 June 2014
Legalization law adopted in Kazakhstan
Today, the Kazakhstan Parliament рфы adopted the law "On amnesty of citizens of the Republic of Kazakhstan, repatriates and persons holding a residence permit in the Republic of Kazakhstan due to legalization of their property".
19 June 2014
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Argentina says won't make next bond payment in US
Argentina will not make a bond service payment due June 30 in New York as ordered by a US judge, the economy ministry said Wednesday, moving the country closer to default.
19 June 2014
Kazakhstan GDP growth slows down: S&P
Standard & Poor’s rating agency predicts a decline in Kazakhstan GDP to 4.5% due to reduced volumes of oil production and a slowdown of the Russian economy.
18 June 2014
Argentine president says country will avoid debt default
President Cristina Kirchner said that there would be no default in payment of Argentina's restructured debt, after a US Supreme Court ruling piled pressure on the country's finances.
Japan's Q1 growth fastest in more than two years
Japan's economic growth in the first three months of 2014 hit its fastest pace in more than two years, data showed Monday, while analysts said a pick-up in consumer confidence indicated sentiment was improving despite the impact of a sales tax hike.