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French joblessness below 10 percent for first time in four years

France's unemployment rate dropped below 10 percent for the first time since 2012.

French joblessness below 10 percent for first time in four years
Hairatan. Photo courtesy of fglkabul.com
No work, no trade on empty Silk Road in northern Afghanistan

Hairatan, the only crossing between Afghanistan and Uzbekistan, is an ominous bellwether of economic activity in northern Afghanistan.

No work, no trade on empty Silk Road in northern Afghanistan
Europe 'negligent' over Chinese steel dumping: US boss

The head of US Steel has accused Britain and the wider European Union of negligence over China dumping cheep steel on world markets.

Europe 'negligent' over Chinese steel dumping: US boss
Brazil debates economic cost of corruption investigation

Brazil's former president Luiz Inacio Lula da Silva is warning that the Petrobras corruption probe is paralyzing the Brazilian economy.

Brazil debates economic cost of corruption investigation
©Turar Kazangapov
Central Asia strongman regimes challenged by stuttering economy

Now authorities across ex-Soviet Central Asia are facing an unexpected legitimacy test as falling oil prices and Russia's recession.

Central Asia strongman regimes challenged by stuttering economy
©Reuters
'Bad bank' deal could be option for several countries: EU banking resolution chief

A state-backed "bad bank" that would take over non-performing loans from a country's banks could also be an option for other countries.

'Bad bank' deal could be option for several countries: EU banking resolution chief
©Turar Kazangapov
Tenge slides 100% in 5 months; what next for Kazakhstan?

Amid falling oil prices and tenge exchange rate fluctuations, experts are wary to predict Kazakhstan's future.

Tenge slides 100% in 5 months; what next for Kazakhstan?
©Inzoloto.ru
Interest rates on deposits in tenge raised in Kazakhstan

In efforts to contain inflation and de-dollarize the economy, National Bank of Kazakhstan raises interest rates on deposits in tenge.

Interest rates on deposits in tenge raised in Kazakhstan
Kazakh Central Bank governor Daniyar Akishev ©Bloomberg.com
Kazakh central bank governor shares de-dollarization plans

The Governor of the National Bank of Kazakhstan Daniyar Akishev commented on the plan to de-dollarize the Kazakh economy.

Kazakh central bank governor shares de-dollarization plans
Hard economic lessons as China's coal boom ends

China's coal industry is now crippled by oversupply, but its companies are too big to fail.

Hard economic lessons as China's coal boom ends
EU, Turkey agree 3bn euro aid deal to stem migrant crisis: Tusk

The European Union and Turkey agreed on a deal to stem the migrant crisis, including a three-billion-euro ($3.2-billion) aid package for Syrian refugees in Turkey.

EU, Turkey agree 3bn euro aid deal to stem migrant crisis: Tusk
Jim Rogers. Photo courtesy of finance.yahoo.com
American billionaire Jim Rogers considers investing in Kazakhstan

American billionaire Jim Rogers is thinking about investing in Kazakhstan, a country he visited in October.

American billionaire Jim Rogers considers investing in Kazakhstan
Russia sanctions could be lifted if it meets Ukraine commitments: French PM

Sanctions against Russia over its involvement in the Ukraine crisis could be lifted if Moscow fulfils commitments it made to help resolve the conflict, French Prime Minister Manuel Valls said.

Russia sanctions could be lifted if it meets Ukraine commitments: French PM
Photo courtesy of 24daily.net
Gazprom says halts Ukraine gas deliveries over Kiev non-payment

Russian state giant Gazprom said it had halted gas deliveries to Ukraine after Kiev failed to make upfront payments for more supplies.

Gazprom says halts Ukraine gas deliveries over Kiev non-payment
Photo courtesy of kazakhembus.com
Russia moves forward with common currency for EEU despite Kazakhstan's opposition

Russia is considering a common unit of account and currency for the EEU, while Kazakhstan is not eager to move forward with this project.

Russia moves forward with common currency for EEU despite Kazakhstan's opposition
British Prime Minister David Cameron. RIA Novosti©
Britain's Cameron to pledge extra £12 billion for defence

British Prime Minister David Cameron is to promise an additional £12 billion to strengthen the defence forces when he unveils a five-year strategic review on Monday.

Britain's Cameron to pledge extra £12 billion for defence
Photo ©EK/Ilyas Omar
Central Asian countries sign Joint Declaration of Partnership and Cooperation with USA

Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan and the USA have issued the Joint Declaration of Partnership and Cooperation.

Central Asian countries sign Joint Declaration of Partnership and Cooperation with USA
Greek PM seeks 'national dialogue' on retirement reforms

Greek Prime Minister Alexis Tsipras called for dialogue with the country's top powers on retirement reforms days after the ruling coalition was weakened by a dwindling majority.

Greek PM seeks 'national dialogue' on retirement reforms
Barclays fined another $150 mn over forex 'misconduct'

New York's financial regulator announced another $150 million fine against British bank Barclays over its "misconduct" in foreign exchange services offered to clients.

Barclays fined another $150 mn over forex 'misconduct'
Daniar Akishev. Photo  © Turar Kazangapov
National Bank's Governor post is risky business

The resignation of Kairat Kelimbetov from the post of the National Bank governor and a prompt appointment of Daniyar Akishev have raised conflicting feelings both in the media and among general public.

National Bank's Governor post is risky business