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Moody's downgrades France rating citing slow growth

Moody's cut France's sovereign debt rating one notch to Aa2, saying the country will struggle with slow growth and a high debt burden for the next five years.

Moody's downgrades France rating citing slow growth
Brazil president's own supporters revolt against her austerity plans
Brazil president's own supporters revolt against her austerity plans

When Brazil's leftist President Dilma Rousseff loses the support of someone like longtime backer Edson Silva, perhaps she had better start worrying.

Brazil president's own supporters revolt against her austerity plans
World Bank warns of more turbulence from Fed tightening
World Bank warns of more turbulence from Fed tightening

The World Bank warned that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies.

World Bank warns of more turbulence from Fed tightening
IMF chief urges Africa to spend responsibly
IMF chief urges Africa to spend responsibly

IMF chief Christine Lagarde urged African governments to spend responsibly as she visited Liberia, a week after it was declared free from an Ebola epidemic which has shattered its economy.

IMF chief urges Africa to spend responsibly
Ukraine PM calls second Russia-Germany pipeline 'anti-European'
Ukraine PM calls second Russia-Germany pipeline 'anti-European'

Ukrainian Prime Minister Arseniy Yatsenyuk criticised as "anti-Ukrainian and anti-European" a deal between Russia's energy giant Gazprom and several Western firms to build a second gas pipeline under the Baltic Sea.

Ukraine PM calls second Russia-Germany pipeline 'anti-European'
Tesco sells South Korean unit for more than £4 bn
Tesco sells South Korean unit for more than £4 bn

Troubled British retail giant Tesco agreed Monday to sell South Korean unit Homeplus to a consortium led by private equity firm MBK Partners for more than £4.0 billion.

Tesco sells South Korean unit for more than £4 bn
IMF chief says 'extremely encouraged' by Ukraine reforms
IMF chief says 'extremely encouraged' by Ukraine reforms

IMF chief Christine Lagarde heaped praise on Ukraine's reform efforts in a visit to Kiev following a deal to restructure the country's debt burden.

IMF chief says 'extremely encouraged' by Ukraine reforms
Google may return to China with Android app shop: report
Google may return to China with Android app shop: report

Google is talking with Chinese authorities and smartphone makers about opening an online shop in China stocked with applications for Android-powered mobile devices.

Google may return to China with Android app shop: report
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China is a great nation: Nursultan Nazarbayev

President Nursultan Nazarbayev has named China "the great nation" complementing Kazakhstan's work in the region.

China is a great nation: Nursultan Nazarbayev
Rousseff says Brazil will try to get out of first budget deficit
Rousseff says Brazil will try to get out of first budget deficit

After presenting Brazil's first ever budget deficit, President Dilma Rousseff promised that her government will work hard to get back in the black.

Rousseff says Brazil will try to get out of first budget deficit
Nazarbayev discusses cooperation with President of Serbia Tomislav Nikolic
Nazarbayev discusses cooperation with President of Serbia Tomislav Nikolic

President of Serbia Tomislav Nikolic visited Astana and met Kazakhstan president Nazarbayev.

Nazarbayev discusses cooperation with President of Serbia Tomislav Nikolic
Igor Shuvalov, First Deputy Prime Minister of the Russian Federation. ©RIA Novosti
Russia's Aeroflot set to buy competitor Transaero

Russia's state-controlled flagship airline Aeroflot is set to buy its struggling competitor Transaero.

Russia's Aeroflot set to buy competitor Transaero
Asia doing "pretty well" despite China slowdown: IMF chief
Asia doing "pretty well" despite China slowdown: IMF chief

International Monetary Fund chief Christine Lagarde declared Asian economies were doing "pretty well" despite the volatility caused by China's slowdown.

Asia doing "pretty well" despite China slowdown: IMF chief
Tesla car gets best-ever rating from Consumer Reports
Tesla car gets best-ever rating from Consumer Reports

A new Tesla electric car has earned the best-ever vehicle rating from Consumer Reports, sending shares of the automaker racing higher.

Tesla car gets best-ever rating from Consumer Reports
France's economy minister stumbles on 35-hour-week, again
France's economy minister stumbles on 35-hour-week, again

France's divisive economy minister has once again made waves among Socialists by criticising the country's sacrosanct 35-hour week just as the ruling party gathers for its annual conference.

France's economy minister stumbles on 35-hour-week, again
European Commissioner for economics, taxation and customs Pierre Moscovic. ©Reuters
Europe has 'means to resist' impact of China crisis: EU economics commissioner

EU Economic Affairs Commissioner Pierre Moscovici said that Europe had the "means to resist" the impact of China's slowing economy.

Europe has 'means to resist' impact of China crisis: EU economics commissioner
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Oil prices will continue falling: Kazakh economist

Kazakhstani economist Vladimir Telnov predicts that global oil prices will continue falling in the next 5 to 15 years.

Oil prices will continue falling: Kazakh economist
Press secretary of the President of Kazakhstan Dauren Abayev ©Press service of Akorda
Nazarbayev to visit China

President of Kazakhstan is going to meet PRC Chairman Xi Jinping in Beijing as part of his official state visit to the Asian country.

Nazarbayev to visit China
China poses risks to global economic recovery: France
China poses risks to global economic recovery: France

China's faltering growth poses a threat to a recovery in the global economy, France's economy minister Emmanuel Macron said Tuesday.

China poses risks to global economic recovery: France
Russian ruble falls to 2015 low as stocks plunge
Russian ruble falls to 2015 low as stocks plunge

Russia's battered ruble sank to its lowest point this year as Asian and European stock markets nosedived on concerns over the Chinese economy.

Russian ruble falls to 2015 low as stocks plunge