News about economy

Obama says US cannot carry 'world economy on our back' President Barack Obama said the United States cannot "carry the world economy on our back" and urged G20 leaders to work harder to create jobs by revving up growth.
15 November 2014
Kazakhstan should join BRICs? - The Banker The Banker's chief editor Brian Caplen says it makes sense for BRICs to invite Kazakhstan to join the alliance.
14 November 2014
IMF: low oil prices to boost growth The fall in oil prices to their lowest levels in more than three years should give a boost to the sagging world economy, the International Monetary Fund said.
13 November 2014
IMF says Madagascar economy on the mend Madagascar's economy is showing signs of recovery, although spending in key sectors like health and education remain under pressure.
12 November 2014
Kazakhstan President's unexpected State of the Nation Address Presidet of Kazakhstan Nursultan Nazarbayev has unexpectedly presented his State of the Nation Address for the year 2015. Global economic and geopolitical challenges as well as internal interethnic unity are the key elements of the address. New Economic Policy 'Nurly Zhol' was announced to help the country overcome difficulties in the next five years.
11 November 2014
Kuwait sees no output cut at OPEC meeting OPEC is not likely to cut crude output when it meets later this month amid hopes that the market will absorb surplus supplies, the Kuwaiti oil minister said.
11 November 2014
G20 states spend $88bn in fossil fuel exploration subsidies: report Leading world economies are spending $88 billion (71 billion euros) a year in fossil fuel exploration subsidies.
11 November 2014
McDonald's recalls Hello Kitty whistles in North America McDonald's recalled nearly a million red whistles included with a Hello Kitty-themed toy offered in children's meal choices in the United States and Canada.
11 November 2014
Brazil welcomes FIFA $100 million World Cup legacy fund The President of the Brazilian Football Confederation welcomed the signing of a memorandum enshrining implementation of FIFA's $100 million World Cup Legacy Fund.
11 November 2014
G20 global infrastructure hub set for Australia A global infrastructure hub proposed by G20 nations to help strengthen economic growth will be based in Sydney and funded by Australia.
10 November 2014
Hungary protestors demand removal of 'corrupt' tax chief Several thousand Hungarians marched though Budapest to demand the resignation of the head of the country's tax office.
10 November 2014
Russian ruble fall has little effect on Kazakhstan economy: IMF Kazakhstan is not strongly influenced by the changes in the currency rate of the Russian ruble.
09 November 2014
World-renowned economist Nouriel Roubini predicts bright future to Kazakhstan World-renowned economist Nouriel Roubini has predicted a bright future to Kazakhstan.
08 November 2014
New Bulgaria PM promises stability in EU's poorest country Bulgaria's new Prime Minister Boyko Borisov said he hoped to restore stability to the EU's poorest country.
08 November 2014
Russian central bank ready to step in to stop ruble panic Russia's central bank said it was ready to step in to protect the crashing ruble, after the currency was hammered by a day of panic selling.
08 November 2014
Nazarbayev addresses Council of Leaders of CIS Security and Special Services President Nursultan Nazarbayev has met with the participants of the 37th meeting of the Council of Leaders of CIS Security and Special Services.
07 November 2014
Joblessness, inequality top global concerns in 2015: report Unemployment and rising income inequality will top concerns for global leaders in 2015, a World Economic Forum (WEF) study said.
07 November 2014
With big investments, tech giants battle to stay ahead America's technology giants are drawing on their huge cash stockpiles to make big bets on investments and acquisitions that could prove to be visionary.
07 November 2014
Toyota says on track for record full-year profit Toyota said it was on track to book a record $17.5 billion full-year net profit, as the company also lifted its revenue estimate.
05 November 2014
LG, Google strike patent-sharing deal LG Electronics said it had signed a long-term cross-licence deal with Google as the South Korean firm tries to expand its smartphone business.
05 November 2014
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