site.news_by_theme economy

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.
16 September 2015
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.
12 September 2015
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.
11 September 2015
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.
07 September 2015
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.
07 September 2015
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.
05 September 2015
China is a great nation: Nursultan Nazarbayev President Nursultan Nazarbayev has named China "the great nation" complementing Kazakhstan's work in the region.
04 September 2015
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.
03 September 2015
Nazarbayev discusses cooperation with President of Serbia Tomislav Nikolic President of Serbia Tomislav Nikolic visited Astana and met Kazakhstan president Nazarbayev.
02 September 2015
Russia's Aeroflot set to buy competitor Transaero Russia's state-controlled flagship airline Aeroflot is set to buy its struggling competitor Transaero.
02 September 2015
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.
02 September 2015
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.
28 August 2015
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.
28 August 2015
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.
28 August 2015
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.
26 August 2015
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.
25 August 2015
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.
25 August 2015
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.
25 August 2015
Nazarbayev explains reasons for switching to floating exchange rate Nazarbayev has elaborated on the reasons behind Kazakhstan's decision to send its tenge floating.
24 August 2015
Experts comment on Kazakhstan's decision to abandon control of tenge Kazakh and foreign experts have commented on the recent decision of Kazakhstan to stop defending its tenge and send it floating.
24 August 2015
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