News about economy

IMF pressed to cancel debts of Ebola-hit countries The International Monetary Fund is under mounting pressure to cancel the debts of the three poor West African countries hit hardest by Ebolaю

31 December 2014

IMF suspends aid talks with Greece ahead of elections The International Monetary Fund said it was suspending talks on a new disbursement of financial aid to Greece until a new government is formed after elections.

30 December 2014

Russia's Gazprom buys partners' shares in South Stream project Russian gas giant Gazprom said it had taken complete control of the company behind the abandoned South Stream pipeline project, buying shares belonging to France's EDF.

30 December 2014

Final Greek presidential vote as fresh crisis looms Greece's parliament will try to elect a president on Monday in a last-ditch bid to avoid snap general elections that could bring the hard-left to power and spark new concerns over the eurozone economy.

29 December 2014

Kazakhstan considers de-dollarizing its economy Kazakh economist Olzhas Khudaibergenov analyzes the joint statement of the Government and the National Bank of Kazakhstan and comments on their intention to de-dollarize the Kazakh economy.

29 December 2014

No escape for those stuck in Malaysian 'forced labour' Toiling 12 hours a day in a Malaysian electronics factory amid broken promises on wages and working conditions, Manu dreams of returning to his poor Nepal village.

28 December 2014

Spain PM promises economy will 'take off' in 2015 Spain's Prime Minister promised the country's economy would "take off" again in 2015.

27 December 2014

Single services market to come into effect in Eurasian Union Eurasian Union member states activating single services market in more than 40 service sectors.

26 December 2014

EEU to sign agreements on protection of intellectual property in 2015 Kazakhstan Minister of Justice Berik Imashev observed recent trends in registration and protection of trademarks, copyrights and other types of intellectual property in Kazakhstan.

26 December 2014

Expats eyeing the exits after Russian ruble plunges The plunge of the ruble hasn't left only Russians shell shocked -- foreign workers from traders to maids are considering bailing outю

25 December 2014

Kazakhstan's Majilis ratifies double tax treaty between Kazakhstan and Qatar Majilis, a lower chamber of Kazakhstan's Parliament, has considered the Tax Treaty between Kazakhstan and Qatar to avoid double taxation.

25 December 2014

Several Kazakh banks cease issuing mortgage loans in tenge Several Kazakhstan’s banks have ceased issuing mortgage loans in tenge.

24 December 2014

Russia pressures exporters to prop up ruble The Russian government has ordered state-controlled exporters to sell part of their foreign currency holdings.

24 December 2014

Kazakhstan monitoring fallout of anti-Russian sanctions: Nazarbayev Kazakh President Nazarbayev says anti-Russian sanctions do not directly affect Kazakhstan's economy, but all the additional developments are closely monitored.

22 December 2014

IMF policies criticised over Ebola outbreak IMF policies left healthcare systems in the African countries worst affected by Ebola underfunded and lacking doctors, and hampered a coordinated response to the outbreak.

22 December 2014

Attack could cost Sony half a billion dollars: experts The devastating cyberattack on Sony Pictures could see the Hollywood studio lose hundreds of millions of dollars in revenue and incur massive recovery costs.

20 December 2014

Obama orders US trade ban on Crimea over Russia 'occupation' US President Barack Obama imposed sweeping sanctions on Russia-annexed Crimea with an executive order prohibiting American exports of goods to the contested peninsula.

20 December 2014

Canada slaps new sanctions on Russia oil sector over Ukraine Canada announced fresh sanctions on Russia over its support for rebels in Ukraine, targeting 20 Russian politicians and Ukrainian separatist leaders.

20 December 2014

China to transfer dozens of enterprises in non-energy sector to Kazakhstan China intends to transfer dozens of enterprises in non-energy sector to Kazakhstan.

19 December 2014

Apple suppliers accused of poor treatment of workers Workers in Chinese factories making Apple products are poorly treated, with exhausted employees falling asleep on their 12-hour shiftsю

19 December 2014

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