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Greece eyes fresh bailout funds after budget passed The Greek parliament on Sunday approved a slashed 2013 budget which the government has vowed will secure the release of foreign aid vital to save the debt-ridden country from insolvency.
12 November 2012
IMF slashes Kazakhstan's 2012 GDP growth forecast again The International Monetary Fund lowered the growth forecast for Kazakhstan’s gross domestic product in 2012 from 5.5 to 5 percent.
12 November 2012
Aluminium ingots depot. ©REuTERS Falling aluminium prices hit Rusal earnings Russian aluminium giant Rusal posted a third-quarter loss of $118 million on Monday, blaming Europe's economic turmoil and China's slowdown for sinking global demand for the metal.
12 November 2012
Top Republican 'confident' of US immigration deal US House Speaker John Boehner expressed confidence Thursday that he and his Republicans can work with President Barack Obama to hammer out a comprehensive deal on immigration.
09 November 2012
Russian billionaire and owner of Chelsea football club Roman Abramovich. ©REUTERS Abramovich eyes Australian gas investment - report Chelsea football club owner Roman Abramovich jetted into Australia for talks with resource company Linc Energy, renowned for its underground coal gasification (UCG) technology.
08 November 2012
ECB's not set to fire 'bazooka' yet The European Central Bank is unlikely to fire the new anti-crisis "bazooka" it unveiled two months ago, and will keep its gunpowder dry on interest rates as well at its meeting on Thursday.
08 November 2012
Greek lawmakers to vote on austerity amid strikes Greek lawmakers vote Wednesday on austerity measures needed to unlock international aid and stave off bankruptcy despite strikes and public anger against billions more euros in tax hikes and pension cuts.
08 November 2012
Crisis-hit Europe 'still economic power': France Top European leaders jetting into Laos for a major summit are on a mission to reassure Asia that their crisis-hit region is "still an economic power".
05 November 2012
Top headache for China's new leaders: job creation The factories that have powered China's economic miracle are reeling from the global slowdown, presenting the incoming leadership in Beijing with a restless workforce at a defining moment in the country's growth story.
02 November 2012
Railroad station in Shu. Photo courtesy of turksib.com Kazakhstan is getting a new economic zone Kazakhstan is going to create a new economic zone in Shu town of Zhambyl oblast.
01 November 2012
Photo courtesy of trueconservative101.com China watches US democracy avidly, but without envy The world's two biggest economies choose their next leaders in early November, an accident of timing that lays bare the vivid contrast between China's opaque communist state and America's riotous democracy.
30 October 2012
Kazakhstan Vice Prime-Minister Kairat Kelimbetov. Photo courtesy of pm.kz Kazakhstan will attract more investors after joining WTO Kazakhstan Vice-PM told about the prospects of Kazakhstan's joining the WTO at the 3rd Kazakhstan business forum in London.
29 October 2012
India tries handing out cash to help teeming poor Uddal Singh, a retired army sergeant, is part of an experiment trying out radical changes to the Indian welfare system that the government plans to adopt nation-wide.
29 October 2012
Poland's Central Bank Governor Marek Belka. ©REUTERS Eurozone divorce would 'kill the kids': Polish central banker The debt-ravaged eurozone is in trouble but every effort must be made to keep this currency marriage intact because a divorce would end up "killing the kids.
27 October 2012
Athens to get two more years to meet deficit target: report The Greek government will get a grace period of an extra two years to rein in its runaway public debt.
25 October 2012
Canadians' well-being down as economy grows: study Quality of life for Canadians has dropped significantly since the last recession in 2008, even though indicators show a rebound in the economy, said a study published Tuesday.
25 October 2012
Executive Director of IEA Maria van der Hoeven. ©REUTERS Middle East oil disruptions to hit Asia first: IEA Asia will be the first to feel the impact of any Middle East oil supply disruption as regional demand surges, the International Energy Agency said Monday.
22 October 2012
Eurozone leaders see 'good progress' in Greece: statement Eurozone leaders on Friday hailed Greece's achievements in carrying out reforms aimed at getting its economy back on track and urged Athens to keep up efforts to stay in the eurozone.
20 October 2012
Libya economy boosted by oil pending reconstruction Libya's economy has made a swift recovery after the 2011 conflict, with oil production returning to near normal levels: but insecurity is holding up reconstruction and keeping foreign companies at bay.
20 October 2012
The man on a mission to debunk Obama 'myth' He did nothing for African-Americans, left the poor even poorer, his health care reform was a step backwards, and he may yet let another financial disaster erupt on his watch.
19 October 2012
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