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Spain begs time to fix finances, eyes growth Spain forecast Friday it would climb out of its bitter recession in 2014 but needed two extra years to meet the European Union's target for reining in its public deficit.

27 April 2013

Zuckerberg paid more than $2 bln at Facebook in 2012 Facebook co-founder and chief Mark Zuckerberg scored more than $2 billion worth of stock and $503,000 in base pay last year for running the world's leading social network.

27 April 2013

Kazakhstan to spend over $23 billion on 60 transport projects 61 transport and infrastructure projects worth over $23 billion are planned to be implemented in Kazakhstan by the end of 2014.

26 April 2013

Kazakhstan mulls restricting cash withdrawal Kazakhstan financial police is suggesting to legally restrict withdrawal of cash by individuals and legal entities.

24 April 2013

Labor migrants generate $1.1 billion a year for Kazakhstan At least 0.57 percent of Kazakhstan's GDP -- $1.1 billion per year -- is generated by labor migrants.

24 April 2013

IMF, Egypt hope to reach loan agreement in 'weeks' The International Monetary Fund and Egypt hope to conclude talks for a loan deal "in the coming weeks".

22 April 2013

Britain launches legal challenge to EU finance tax The British government has launched a legal challenge against plans for a European financial transactions tax to be adopted by 11 EU states.

21 April 2013

NGO slams IMF's 'double standard' on austerity Jubilee USA Network, a debt-relief organization, on Thursday criticized the International Monetary Fund for using a "double standard" in prescribing austerity measures to troubled economies.

19 April 2013

Nuclear power stations may produce cheapest energy in Kazakhstan Nuclear power stations may become a source of cheap energy in Kazakhstan.

18 April 2013

Pentagon requests more funding for Israel's 'Iron Dome' The Pentagon has requested $220.3 million in 2014 to bolster Israel's "Iron Dome" missile defense system despite broader cuts to US military spending, according to budget documents.

18 April 2013

US hospitals make more money when surgery goes wrong US hospitals face a disincentive to improve care because they make drastically more money when surgery goes wrong than when a patient is discharged with no complications.

17 April 2013

Organised crime worth $90 bn a year in East Asia Organised crime groups dealing in fake goods, drugs, human trafficking and illicit wildlife trade earn nearly $90 billion annually in East Asia and the Pacific.

16 April 2013

S. Korea proposes $17.3 bn extra budget for 2013 South Korea proposed Tuesday a 17.3 trillion won ($15.4 billion) supplementary budget to help boost the economy, including further spending on defence at a time of heightened tensions with the North.

16 April 2013

Kazakhstan residents spent $1.5 billion online in 2012 Kazakhstan residents made online purchases worth almost $1.5 billion in 2012, but only $60 million fell on the local Internet market: Nazarbayev.

16 April 2013

EU finance ministers tackle tax-fraud European Union finance ministers tackle tax fraud and money-laundering as they wrap up two days of talks on Saturday.

13 April 2013

Euro ministers in bid to finalise Cyprus bailout Eurozone and EU finance ministers meet in Dublin from Friday to finalise the Cyprus bailout and consider extending debt repayment dates for Portugal and Ireland.

12 April 2013

With back against wall, Portugal pushes on with austerity Despite the risk of aggravating the recession and unemployment, Portugal's government is wagering that following the austerity prescribed by its creditors will help it regain market confidence and avoid a second bailout.

10 April 2013

Asian economies to rebound but recovery fragile: ADB The Asian Development Bank said Tuesday the region's emerging economies would pick up this year but warned that the recovery remained fragile due to the eurozone crisis and tensions in Asia.

09 April 2013

Kazakhstan invested over $1 billion in Cyprus: Marchenko Kazakhstan invested $1.162 billion into Cyprus as of the end of 2012.

09 April 2013

Kazakhstan to benefit from joining WTO: EDB Kazakhstan can have significant benefits from accession into the WTO: EDB expert.

09 April 2013

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