News about finance

Brazil unveils cuts as IMF urges fiscal discipline The IMF urged Brazil to get its fiscal house in order to emerge from five years of low growth as South America's largest economy unveiled a package of budget cuts.
23 May 2015
Spain confident of Greek debt deal 'within coming days' Spanish Economy Minister Luis de Guindos said he expects Greece will reach an agreement with its bailout creditors in the "coming days".
22 May 2015
Greece will not cut salaries and pensions in loan talks: PM Greece's left-wing government will not abandon its refusal to cut salaries and pensions in tough talks with its EU-IMF creditors.
16 May 2015
Greece to plead leeway as IMF cash crunch looms Greece will plead for leeway from an unwavering Europe, in a fresh effort to free up cash after months of deadlock in bailout talks.
11 May 2015
American billionaire Jim Rogers advises to invest in emerging markets like Kazakhstan A famous American investor and businessman Jim Rogers advised to invest in the emerging markets like Iran, Kazakhstan, North Korea and a number of African countries.
09 May 2015
Kazakhstan allocates additional €1 million for Chernobyl Shelter Fund Kazakhstan will allocate €1 million for the construction of the New Safe Confinement (NSC) intended to contain the nuclear reactor at Chernobyl, Ukraine.
08 May 2015
Pound jumps on election lead for Britain's Conservatives The British pound jumped after exit polls showed Prime Minister David Cameron's Conservatives headed for victory.
08 May 2015
Astana to learn from Dubai in becoming financial center President of Kazakhstan Nursultan Nazarbayev declared that Astana will become a Eurasian financial center by learning from Dubai.
07 May 2015
Rebuilding the economy of Nepal after the earthquake crisis Recommendations that may bring good results in Nepal: Rethinking monetary policy in order to take into consideration the growing economic relation with China, pushing for a Roosevelt infrastructure plan, developing the hydro energy sector.
05 May 2015
'I'm still in charge' of Greece debt talks team: Varoufakis Greek Finance Minister Yanis Varoufakis insisted in a German newspaper interview that he is still in charge of Greece's team handling crucial talks with creditors.
29 April 2015
Europe pushes Greece in bogged down debt talks European ministers heaped pressure on Greece to speed up negotiations to unblock critically needed bailout funds and avert a dangerous default.
25 April 2015
Euro eases as Greece musters local funds in debt crisis The euro fell against the dollar as Greece ordered all public agencies to pony up their financial reserves to help the debt-riddled government meet urgent payments.
21 April 2015
G20 powers fear volatile markets Finance officials from the G20 group of world economic powers expressed concern about the risks of market and exchange rate volatility.
18 April 2015
Sweden raises defence budget amid Russia concerns Sweden will raise defence spending by 10.2 billion kronor for the period 2016 to 2020, the government said amid concerns over Russia's military resurgence.
18 April 2015
Varoufakis says Greece committed to eurozone Greek Finance Minister Yanis Varoufakis said that his country is determined to remain in the eurozone.
17 April 2015
BTA Bank replaces Board Chairman Askarbek Nabiev has been appointed the new Chairman of the Board at Kazakhstan's BTA Bank.
16 April 2015
IMF to 'closely' examine currency swings: German source Top finance officials from the world's leading economies are keeping a close eye on exchange rate swings and will discuss developments in China's currency.
15 April 2015
Royal Dutch Shell agrees £47bn deal for BG Group Energy titan Royal Dutch Shell announced a mega takeover of British rival BG Group worth £47 billion.
08 April 2015
Greece agrees to repay IMF debt by April 9: Lagarde Greece has agreed to repay its debt to the International Monetary Fund by April 9, IMF chief Christine Lagarde said after a meeting with Greek Finance Minister.
06 April 2015
Greece 'confident' of paying IMF on time: govt source Greece will meet its financial obligations to the IMF, easing speculation that Athens could default on its debts with unknowable consequences for global markets.
04 April 2015
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