Finance - страница 9

Kazakhstan listed in Top 10 World's Riskiest Sovereign Debt? Kazakhstan has been put on the map of the world's riskiest sovereign debt by Bank of America Merrill Lynch. Really?

20 August 2015

Kazakhstan’s PM Karim Massimov on further economic prospects The Government will be rendering support to socially vulnerable groups of population. In the long run (…) it’s impossible to support all troubled industries out of taxpayers’ money: Karim Massimov.

20 August 2015

Kazakh currency falls 23 percent after switch to free-float Energy-rich Kazakhstan announced it was abandoning its currency band for a free-floating exchange rate, in a move that triggered a 23-percent fall in the value of the tenge against the US dollar.

20 August 2015

Greece repays 3.4 bn euros to European Central Bank: source Greece has repaid 3.4 billion euros ($3.79 billion) due to the European Central Bank, a source close to the Greek government said after the launch of a massive new reforms-for-bailout deal.

20 August 2015

PM Massimov on how Kazakhstan avoided default From August 20 the National Bank and the Government have decided to implement a new monetary policy based on inflation targeting and to renounce the earlier practiced currency corridor.

20 August 2015

Kazakhstan central bank on why fixed currency exchange rate had to be renounced Inflation targeting is another type of monetary policy that rests on the inflation rate in the mid run, rather than on the currency exchange rate: Kairat Kelimbetov.

20 August 2015

Kazakhstan opts for floating exchange rate for its currency The National Bank will not be directly defining the exchange rate, but will retain the right to rely on currency interventions if the financial system faces threats of destabilization.

20 August 2015

Causes of tenge-dollar exchange rate spike unclear People in Kazakhstan wonder about the meaning of August 19 spike in tenge-dollar exchange rate, while the National Bank keeps silent.

20 August 2015

Tianjin blasts echo across economy The economic impact of the Tianjin explosions could reverberate for months.

19 August 2015

TENGRI LIFE

TENGRI TRAVEL

Spanish parliament approves new Greece bailout Spanish lawmakers overwhelming approved Greece's third bailout package following a debate in parliament which the ruling party used to defend its economic record.

19 August 2015

Japan economy's contraction a blow for 'Abenomics' Japan's economy contracted last quarter, boosting speculation the central bank will be forced to unleash more stimulus as Tokyo's "Abenomics" growth blitz stumbles.

17 August 2015

IMF warns of 'disorderly correction' if China reform slows The IMF warned that China, the world's second-largest economy, could face a "disorderly correction" followed by slower growth if its reform program slows.

15 August 2015

Eurozone approves Greek bailout accord worth up to 86 bn euros: official Eurozone finance ministers approved Friday a third debt bailout worth up to 86 billion euros to keep Greece afloat and avoid its chaotic exit from the single currency bloc.

15 August 2015

Greece reaches deal with creditors: government source Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks.

11 August 2015

Sisi to unveil 'new Suez Canal' as Egypt makes history President Abdel Fattah al-Sisi inaugurates a "new" Suez Canal in a lavish and heavily secured ceremony, as Egypt seeks to boost its economy and international standing.

06 August 2015

Kazakhstan to spend $10-15 thousand a year on nuclear fuel bank Kazakhstan will spend around $10-15 thousand annually to maintain the International Nuclear Fuel Bank being established on the country's territory.

05 August 2015

IMF approves $1.7 bn loan installment to Ukraine The International Monetary Fund announced the approval of a $1.7 billion loan installment to Ukraine despite uncertainty about the country's debt sustainability and a conflict with separatist forces.

01 August 2015

Spain raises pay before elections, warns on Catalonia Spanish public workers will get a one-percent pay rise next year, trumpeting the country's economic recovery a few months ahead of a general election.

01 August 2015

IMF says it will not join new Greece bailout right now The International Monetary Fund said it would not join a new bailout program for Greece until conditions for debt sustainability.

31 July 2015