Belize PM says debt deal reached with creditors Belize has reached a deal in principle with creditors to restructure about half of its unpaid debt after "long and arduous" talks, allowing the country to avoid default.
24 December 2012
Cyprus bailout talks won't wrap up this year: IMF Talks on a bailout for Cyprus are not expected to wrap up this year, the International Monetary Fund said Thursday.
21 December 2012
Christmas debt boons for Greece but risks remain Greece opened its Christmas stockings early this year with an unexpected debt rating boon and European Central Bank support but analysts warn that risks remain in the troubled nation's fragile fiscal recovery.
20 December 2012
Obama, Boehner spar on fiscal cliff, deal may go to wire US President Barack Obama and House Speaker John Boehner dueled over the fiscal cliff Wednesday, and despite narrowing differences remained stubbornly at odds over how to avoid looming tax hikes and spending cuts.
20 December 2012
World Bank ups Chinese growth projection for 2013 The World Bank on Wednesday upwardly revised its projection for Chinese economic growth in 2013 from 8.1 percent to 8.4 percent, but predicted the rate would taper off in the longer run.
20 December 2012
Russian Ruble lays claims on common currency role in Customs Union Introduction of a common currency inside the Eurasian Economic Community that includes Kazakhstan, Russia and Belarus is irrelevant: Russian President's advisor.
19 December 2012
North-Kazakhstan oblast to attract $200 million in foreign investments by 2015 An investors forum was held in North-Kazakhstan Oblast of Kazakhstan.
19 December 2012
AU Optronics executive guilty in LCD price-fixing case A US jury on Tuesday found a former senior manager at Taiwan-based AU Optronics Corp. guilty of taking part in a global scheme to rig prices of liquid crystal display screens.
19 December 2012
IMF's Argentina censure motion set for late January The International Monetary Fund said Monday its executive board is unlikly to consider until late January any possible action against Argentina for failing to supply accurate economic data.
18 December 2012
President Nazarbayev calls to spend within capacities to bring the budget deficit to its possible minimum We need a favorable tax regime to support industrial production, new technologies and overall industrialization efforts: President Nazarbayev.
14 December 2012
Obama, Boehner meet in fiscal cliff talks President Barack Obama and Republican House Speaker John Boehner held surprise talks Thursday, as time ran short for hopes of a pre-Christmas deal to solve a fiscal crisis that could cause a recession.
14 December 2012
EU on verge of bridging pre-summit gulf on banks watchdog European governments argued through the night in a bid to agree a deal on tightening the oversight of eurozone bank, hours before leaders stage on Thursday their final summit of a gruelling third year in debt-crisis mode.
14 December 2012
EU seals deal on banks watchdog, ahead of end-of-year summit The European Union agreed early Thursday to create a bank supervisor to oversee lenders across the eurozone, following marathon talks which ended hours before the year's final EU summit.
14 December 2012
US financier tied to Pinochet money laundering dies Texas financier and media magnate Joe Allbritton, who lost the scandal-racked Riggs bank to a hostile takeover after it was fined for helping Chilean dictator Augusto Pinochet launder money, has died at the age of 87.
13 December 2012
Pensions to be raised by 9% starting from January 1, 2013 As of December 1, 2012 the average retirement allowance stands at $257.
12 December 2012
Government to secure transparency of EXPO-2017 financing Kazakhstan President instructed to properly manage the budget of EXPO-2017.
11 December 2012
IMF's Lagarde warns against US fudge on fiscal cliff The United States needs to raise taxes and cut spending to address the looming fiscal cliff, IMF chief Christine Lagarde said Sunday, warning that anything less would undermine economic confidence.
10 December 2012
The Year of the Snake commemorative coins released in Kazakhstan The National Bank of Kazakhstan announced release of The Year of the Snake commemorative gold and silver coins.
10 December 2012
Spanish health workers stage fresh protest against cuts Thousands of Spanish health workers clad in white medical garb marched in Madrid on Sunday in a fresh protest against government health cuts and privatisation plans, just days after a similar demonstration.
10 December 2012
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