News about economy

Brazil unveils cuts as IMF urges fiscal discipline The IMF urged Brazil to get its fiscal house in order to emerge from five years of low growth as South America's largest economy unveiled a package of budget cuts.

23 May 2015

Spain confident of Greek debt deal 'within coming days' Spanish Economy Minister Luis de Guindos said he expects Greece will reach an agreement with its bailout creditors in the "coming days".

22 May 2015

Greece will not cut salaries and pensions in loan talks: PM Greece's left-wing government will not abandon its refusal to cut salaries and pensions in tough talks with its EU-IMF creditors.

16 May 2015

Nazarbayev talks with Iranian president Rouhani President of Kazakhstan Nursultan Nazarbayev has discussed partnership in trade and economy with the President of Iran Hassan Rouhani.

12 May 2015

Greece to plead leeway as IMF cash crunch looms Greece will plead for leeway from an unwavering Europe, in a fresh effort to free up cash after months of deadlock in bailout talks.

11 May 2015

American billionaire Jim Rogers advises to invest in emerging markets like Kazakhstan A famous American investor and businessman Jim Rogers advised to invest in the emerging markets like Iran, Kazakhstan, North Korea and a number of African countries.

09 May 2015

Ambassador of Kazakhstan in Italy speaks of trade turnover between the countries, Kazakhstanis in Italy Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Italy Andrian Yelemessov spoke about the relations between the two countries and primary interests of Kazakhstani citizens in Italy.

08 May 2015

Pound jumps on election lead for Britain's Conservatives The British pound jumped after exit polls showed Prime Minister David Cameron's Conservatives headed for victory.

08 May 2015

Russia's Putin, Greece's Tsipras discuss gas pipeline Greek Prime Minister Alexis Tsipras discussed energy cooperation with Russian President Vladimir Putin in a telephone conversation.

08 May 2015

IMF says Greece may need debt relief The International Monetary Fund said that Greece may need debt relief but rejected news reports that it had pushed for it at a eurozone meeting last month.

06 May 2015

Violent clashes overshadow start of Milan Expo The opening of Expo 2015 was marred by violent clashes between police and dozens of militants opposed to Milan's hosting of the world fair.

02 May 2015

'I'm still in charge' of Greece debt talks team: Varoufakis Greek Finance Minister Yanis Varoufakis insisted in a German newspaper interview that he is still in charge of Greece's team handling crucial talks with creditors.

29 April 2015

Iran's Rouhani warns change coming for 'sanctions busters' President Hassan Rouhani warned that middlemen who have circumvented sanctions will need to "think of another job."

28 April 2015

Italy looks to Milan Expo for taste of recovery Italy is having a party, the whole world is invited and, yes, there will be food; lots of it.

28 April 2015

Apple profit soars on iPhone, China sales Apple reported a sharp rise in its quarterly profit, lifted by robust sales of its iPhones and a jump in revenue from China.

28 April 2015

France's Jean-Marie Le Pen hid 2.2 mn euros in Swiss account: report Jean-Marie Le Pen, the elderly founder and former chief of France's far-right Front National, hid 2.2 million euros in a secret account in Switzerland.

28 April 2015

Kazakhstan rules out possibility of single EEU currency Kazakhstan has once again ruled out the possibility of adopting a single currency for the Eurasian Economic Union (EEU), despite the propositions of the President of Russia Vladimir Putin.

28 April 2015

Brazil's Rousseff says Petrobras can 'turn page' on scandal President Dilma Rousseff said that the release of financial results which showed Petrobras would allow the state oil giant to "turn a page" in Brazilian history.

25 April 2015

Starbucks 'gives away' drinks after US system outage There may be no such thing as a free lunch, but fear not because there was free coffee supposedly going at Starbucks in North America.

25 April 2015

Europe pushes Greece in bogged down debt talks European ministers heaped pressure on Greece to speed up negotiations to unblock critically needed bailout funds and avert a dangerous default.

25 April 2015

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