Finance - страница 62

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China doubles loans to Africa to $20 billion President Hu Jintao said Thursday China would offer $20 billion in new loans to Africa, as he delivered a speech to a Beijing forum on co-operation with the resource-rich continent.

19 July 2012

Heat and drought ravage US breadbasket There was no end in sight Tuesday to the blistering heatwave baking much of the United States that has farmers mulling cutting down crucial crops and sent grain prices skyrocketing.

18 July 2012

Visa, MasterCard to pay billions in card-fee suit Credit card giants Visa and MasterCard agreed Friday to pay more than $6 billion to millions of merchants which had sued them for allegedly fixing card-use fees.

14 July 2012

Economic crisis will not hit Kazakhstan until 2014: expert Expert of the Institute of Economic Research expressed his opinion on the effect of the global economic crisis on Kazakhstan.

14 July 2012

Euro under pressure as Moody's lowers Italy bond rating The euro was under fresh selling pressure to fall below $1.22 in Asia trade on Friday after ratings agency Moody's on Friday downgraded Italy's government bond rating.

13 July 2012

South Korea unexpectedly cuts key interest rate South Korea's central bank unexpectedly cut its key interest rate Thursday for the first time in more than three years, joining international moves to ease the impact of the eurozone debt crisis.

13 July 2012

Kazakhstan's H1 2012 GDP growth estimated at 5.6% Kazakhstan national GDP is expected to grow by 7% in 2012, Kazakhstan’s President Nursultan Nazarbayev had stated when speaking at the V Astana Economic Forum May 23.

12 July 2012

Kazakhstan among largest World Bank’s borrowers in 2011 fiscal year The World Bank provided emerging markets of Europe and Central Asia loans worth $10.47 billion in the fiscal year ending June 30.

12 July 2012

Merkel pushes EU, Southeast Asia free trade pact German Chancellor Angela Merkel on Wednesday said Europe must step up its efforts to establish a free trade pact with booming Southeast Asia.

12 July 2012

TENGRI LIFE

TENGRI TRAVEL

President Nazarbayev calls for stronger social security network for families Among possible measures there are kindergarden expenses compensation schemes and tax benefits.

10 July 2012

Eurozone offers Spains 30 bn euros for banks Eurozone finance ministers agreed Tuesday to offer Spain 30 billion euros this month to help its distressed banks as they raced to stay ahead of market scepticism.

10 July 2012

New Greek government pins hopes on privatisations Greece's new government formally takes office this week and looks set to push privatisation so as to win favour and funds from EU-IMF creditors who are inspecting the country's strained finances.

06 July 2012

Manchester United plays for dollars in US IPO Storied British football club Manchester United, overloaded with debt since their takeover by a billionaire American family of investors, is moving to raise cash through a US share sale.

05 July 2012

Economic uncertainty to last for at least another 9 months: National Bank Governor According to him, speculations on a second possible wave of the global financial crisis will be persistent for at least another 9 months until the Bundestag election is over and Eurozone issues are resolved.

05 July 2012

Annual inflation rate may be below 6% at the end of 2012: National Bank Governor He noted that the lowest inflation rate since 1999 is bolstered by a number of factors, including somewhat decreasing prices for foodstuffs and crude oil.

04 July 2012

Israel sought $1 billion IMF loan for Palestinians Israel sought a $1 billion IMF bridging loan for the Palestinian Authority earlier this year, but was turned down, an Israeli newspaper said Monday in a report.

03 July 2012

Maximum interest rates on deposits cut in Kazakhstan on July 1 Kazakhstan Deposit Guarantee Fund decreased maximum interest rates on bank deposits for individuals starting from July 1.

02 July 2012

Kazakhstan's gross foreign debt totals $129.3 billion in Q1 According to the National Bank, in the Q1 2012 the foreign debt of the banking sector grew by 1.5% up to $14.823 billion.

02 July 2012

Recovering Greek leader faces crucial audit Ailing Greek Prime Minister Antonis Samaras must face a crucial audit by Greece's creditors this week and may be tempted to push a change of rescue terms more in line with what was recently offered Spain.

02 July 2012