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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
Photo courtes of gcmilan.kg
Introduction of across-the-board income and property reporting postponed in Kazakhstan

Introduction of across-the-board income and property reporting has been postponed till 2020 in Kazakhstan.

Introduction of across-the-board income and property reporting postponed in Kazakhstan
©Turar Kazangapov
Seven steps advised to Kazakhstan government after devaluation of national currency

National Fund for Development of Financial Services presented a seven-step plan for Kazakh government to implement amid tenge depreciation.

Seven steps advised to Kazakhstan government after devaluation of national currency
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
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
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
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
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
©Turar Kazangapov
Nazarbayev urges exporters to sell dollars at home

After the devaluation of the Kazakh national currency tenge, Kazakhstan president asked exporters to sell dollars at the domestic market.

Nazarbayev urges exporters to sell dollars at home
©kn.kz
Threat of default in Kazakhstan assessed by analysts

Kazakhstani experts comment on Bank of American Merrill Lynch placing the Central Asian country among ten countries most vulnerable to a sovereign default.

Threat of default in Kazakhstan assessed by analysts
Photo © kn.kz
Kazakhstan listed in Top 10 World's Riskiest Sovereign Debt?

Kazakhstan has been put on the map of the world's riskiest sovereign debt by Bank of America Merrill Lynch. Really?

Kazakhstan listed in Top 10 World's Riskiest Sovereign Debt?
©hitch.kz
Kazakh currency falls 23 percent after switch to free-float

Energy-rich Kazakhstan announced it was abandoning its currency band for a free-floating exchange rate, in a move that triggered a 23-percent fall in the value of the tenge against the US dollar.

Kazakh currency falls 23 percent after switch to free-float
Greece repays 3.4 bn euros to European Central Bank: source
Greece repays 3.4 bn euros to European Central Bank: source

Greece has repaid 3.4 billion euros ($3.79 billion) due to the European Central Bank, a source close to the Greek government said after the launch of a massive new reforms-for-bailout deal.

Greece repays 3.4 bn euros to European Central Bank: source
©Tengrinews
Causes of tenge-dollar exchange rate spike unclear

People in Kazakhstan wonder about the meaning of August 19 spike in tenge-dollar exchange rate, while the National Bank keeps silent.

Causes of tenge-dollar exchange rate spike unclear
Tianjin blasts echo across economy
Tianjin blasts echo across economy

The economic impact of the Tianjin explosions could reverberate for months.

Tianjin blasts echo across economy
©REUTERS
New devaluation in Kazakhstan?

Kazakhstani banks raise dollar-tenge exchange rate. People fear another devaluation of the currency. The Kazakh National Bank is silent.

New devaluation in Kazakhstan?
Japan economy's contraction a blow for 'Abenomics'
Japan economy's contraction a blow for 'Abenomics'

Japan's economy contracted last quarter, boosting speculation the central bank will be forced to unleash more stimulus as Tokyo's "Abenomics" growth blitz stumbles.

Japan economy's contraction a blow for 'Abenomics'