EU warns Spain on budget as election nears
The European Commission warned Spain to scale back government overspending that is in violation of EU budget rules or risk an embarrassing reprimand ahead of December elections.
Brazil president reshuffles cabinet to avert disaster
Brazilian President Dilma Rousseff ordered a government reshuffle, axing eight ministries in what was announced as a cost-cutting measure but seemed aimed at ending political paralysis.
Germany pledges 100 mln euros for refugees
Germany committed an additional 100 million euros ($113 million) to UN agencies to improve assistance for refugees in their home regions.
Why intervene with tenge free float?
Deputy Chairman of the National Bank of Kazakhstan Kuat Kozhakhmetov has commented on the recent interventions of the financial regulator.
Moody's downgrades France rating citing slow growthMoody's cut France's sovereign debt rating one notch to Aa2, saying the country will struggle with slow growth and a high debt burden for the next five years.
Olzhas Khudaibergenov on currency interventionsWednesday, September 16, the country’s Central Bank had to resort to currency interventions worth $114 million to sustain the tenge exchange rate.
17 September 2015
World Bank warns of more turbulence from Fed tighteningThe World Bank warned that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies.
16 September 2015
IMF chief urges Africa to spend responsiblyIMF chief Christine Lagarde urged African governments to spend responsibly as she visited Liberia, a week after it was declared free from an Ebola epidemic which has shattered its economy.