News about economy

Obama says no new sanctions for Russia over Ukraine US President said he was not about to impose new sanctions on Russia over the Ukraine crisis, but nevertheless signed a law giving him the authority to do so.
19 December 2014
Ruble rallies in early trading on day of Putin press conference The ruble rallied in early trading ahead of President Vladimir Putin's eagerly-awaited annual press-conference.
18 December 2014
Photo courtesy of akipress.com Kazakhstan, Uzbekistan - primary interests for US in Central Asia Prominent Kazakh political scientist Dosym Satpayev speaks of the interests the United States has in Central Asia.
18 December 2014
Photo  © tengrinews.kz China wants to build plants in Kazakhstan: Li Keqiang Chinese Premier Li Keqiang expressed China’s readiness to build plants in Kazakhstan during the meeting of the Shanghai Cooperation in Astana.
17 December 2014
Apple halts Russia online sales as ruble tumbles Apple said it had halted online sales of iPhones, iPads and computers in Russia as the ruble's plunge made it difficult for sellers of imported goods to fix local prices.
17 December 2014
OPEC will not step in to support oil prices: Kuwait OPEC has no plans to intervene in the oil market to shore up sagging crude prices, the Kuwaiti oil minister said, as Brent crude breached the $60 mark.
17 December 2014
Russia grapples with shock ruble fall The Russian currency crashed to unprecedented lows trading at 80 rubles to the dollar and 100 to the euro.
17 December 2014
Photo courtesy of complianceblog.ru Study says countries lost $1 trillion to corruption in 2012 A global anti-corruption group said that nearly $1 trillion was illicitly drained from developing countries in 2012, representing a record level of corruption.
16 December 2014
General view of IKEA's first city centre store. ©REUTERS Ikea ruffles a few feathers with first Korean store Global furniture giant Ikea opens its first store in South Korea, a much-anticipated market entry that has stumbled at a number of commercial and cultural hurdles along the way.
16 December 2014
IMF sees Argentina progress toward better economic data The International Monetary Fund said that Argentina was making progress in improving the data but more was needed.
16 December 2014
Russian arms sales soar on domestic spending Sales by Russian arms manufacturers continue to expand thanks to Moscow's investments despite a downturn in global defence spending.
15 December 2014
©Tengrinews file illustration Road to Eurasian Economic Union bumpier than it seems With Belarus restoring customs posts weeks before the Eurasian Economic Union comes into force, what are the parties' roles in the new integration project?
15 December 2014
IMF calls on donors to 'step up' for Ukraine The International Monetary Fund called for the international community to come forward with fresh funds for Ukraine.
12 December 2014
Sanctions-hit Putin visits India to boost energy, trade ties Russia's President will hold talks with India's new prime minister as his sanctions-hit country seeks to strengthen energy, defence and strategic ties in Asia.
11 December 2014
Russia charms Uzbekistan with massive debt writeoff Russia's President agreed to write off most of the debt owed by Uzbekistan in an apparent bid to steer the Central Asian country towards joining the Eurasian Economic Union.
11 December 2014
Indian workers cut and polish diamonds on a production line at a processing centre in Surat. ©AF Diamond deals to add sparkle to India-Russian ties India's gemstone industry will hope to add some sparkle to ties between New Delhi and Moscow this week.
10 December 2014
Raul Castro blasts 'unfair' globalized world Cuban President urged a Caribbean summit to embrace deeper economic and political integration, and pressed for action against an "unfair" globalized world.
09 December 2014
Photo © tengrinews EU and EEU should work together: Nazarbayev President of Kazakhstan Nursultan Nazarbayev has spoken about cooperation between the European Union and the Eurasian Economic Union at the Kazakh-French business forum in Astana.
08 December 2014
©Tengrinews Kazakh-French business forum in Astana Kazakhstan hosted a business forum with French collegues to discuss trade cooperation.
06 December 2014
Turkey wants share of Mediterranean energy wealth: PM Turkish Prime Minister said his country wanted a share of the energy deposits off the shores of Cyprus, an issue that has strained ties with both Nicosia and Athens.
06 December 2014

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