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2014 year of 'hard truths' for British economy: Osborne British finance minister George Osborne will warn that 2014 is to be the year of "hard truths" and public spending cuts when he sets out his plans for the year ahead.

06 January 2014

Kazakhstan central bank to solve large denomination currencies exchange problem The National Bank of Kazakhstan is going to solve the problem of exchange of large denominations.

04 January 2014

Dollar gains on euro as new year opens The dollar rose against the euro Thursday as investors pushed back into the greenback and sent US bond yields lower.

03 January 2014

$800 million to be invested into second-tier banks by Baiterek Holding Baiterek Holding running the State Program of Accelerated Innovative and Industrial Development will channel $800mln into Kazakhstan banks.

31 December 2013

Top French court approves 75% company tax on high salaries France's top court Sunday approved a proposal for companies to pay 75 percent tax on annual salaries exceeding one million euros in line with President Francois Hollande's drive to limit executive pay at a time of economic hardship.

30 December 2013

Obama signs defense, budget bills into law President Barack Obama signed into law Thursday the compromise US budget bill recently negotiated by feuding lawmakers and a massive defense measure that takes a step toward ultimate closure of Guantanamo.

27 December 2013

Mortgage loans are for rich people: Kazakhstan's central bank governor Kairat Kelimbetov, Governor of the National Bank of Kazakhstan, believes that only rich people should obtain mortgage loans.

25 December 2013

Japan OKs record budget, sees deflation threat recede Japan approved its biggest ever budget Tuesday, as an improving economy and a sales tax hike made room for more defence spending and the first step towards achieving a balanced budget.

25 December 2013

Kazakhstan central bank suspends BTA Bank's currency exchange license Kazakhstan National Bank has suspended the license of Kazakhstan-based BTA Bank for exchanging transactions of foreign currency cash.

23 December 2013

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Tourists to spend $10 billion during Brazil World Cup Foreign and Brazilian tourists are expected to spend $10.4 billion during next year's World Cup, more than the public funds invested for staging the event, the Brazilian tourism board said Friday.

21 December 2013

Six countries sign US pacts in fight against tax fraud The United States has signed anti-tax fraud pacts with six countries and territories including some considered tax havens, the US Treasury Department said Thursday.

20 December 2013

Spaniards bet on slimmed-down 'Fat One' Christmas jackpot Spaniards are digging into their pockets to gamble on their beloved "Fat One" Christmas lottery with the world's richest total payout, but winners will get slimmed-down prizes this year as a new austerity tax takes a bite.

20 December 2013

EU finance ministers reach banking union deal EU finance ministers Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks from wrecking the economy, official sources said.

19 December 2013

Central Bank Governor on expediency of the new 20,000-tenge note Prices can go up pushed by high expectations of the currency devaluation. Let’s not hurry: Kairat Kelimbetov.

19 December 2013

Living wage to be raised in Kazakhstan in 2017 After the controversy around the minimum living wage is Kazakhstan, Kazakhstan Minister of Labor and Social Protection of Population Tamara Duisenova promised to raise the living wage in 2017.

18 December 2013

Eurozone ministers make progress on Banking Union Eurozone finance ministers said early Wednesday they had made progress on a new bank regulatory system, especially on the funding of a mechanism to close failing banks before they damage the economy.

18 December 2013

National Bank issues new 1000 tenge A new 1000 tenge bill was issued and put into circulation by the National Bank of Kazakhstan on December 12, 2013.

17 December 2013