India's rupee at near 6-month-high on reform boost The Indian rupee on Friday soared to its highest level against the dollar in almost six months after the embattled government pushed ahead with more measures to attract foreign investment.
06 October 2012
Arab and LatAm leaders agree to investment bank Latin American and Arab leaders agreed to form a joint investment bank during a summit in Peru at which they also discussed the increasingly bloody civil war in Syria.
03 October 2012
US State Dept seeks to unblock $450 mn for Egypt The US State Department said Monday it would work with Congress to try to unblock some $450 million in economic aid for Egypt, after a lawmaker froze the funds.
03 October 2012
Kazakhstan residents prefer loans in tengeAccording to the National Bank, of Kazakhstan the share of the loans issued in tenge exceeded 68 percent and made over 6.4 trillion tenge ($42 billion) as of September.
Greek PM stresses urgency of austerity deal Greek Prime Minister Antonis Samaras stressed the urgency of sealing an austerity pact ahead of crucial talks Monday between Greek officials and the so-called troika of international creditors.
01 October 2012
New protest as bailout spectre returns to haunt Spain Thousands of protestors rallied near the Spanish parliament for a second straight night Wednesday after a rough day on the markets again raised the spectre of a full bailout and deeper economic pain.
28 September 2012
Deficit-cutting French budget to test Hollande credibility France will present its 2013 budget Friday with President Francois Hollande's credibility on the line as he seeks to rein in public finances and reassure financial markets without stirring public anger.
27 September 2012
Delays have left Greece with finance gap: Lagarde International Monetary Fund chief Christine Lagarde said Monday that delays in implementing Greece's bailout program, including privatization, have expanded the country's financing shortfall.
26 September 2012
Cash-starved N. Korea secretly sells gold: report North Korea has been secretly selling gold to make up for shortages of hard currency after it spent millions of dollars on celebrating the 100th birthday of its founder.
Protests stall US move to aid Egypt: report The protests that erupted in Cairo over an anti-Islam Internet video have stalled talks on relieving $1 billion worth of Egyptian debt to the United States.
19 September 2012
Risks ahead if Asia to drive world growth: experts Asia must fight complacency and transform its economic and social models if it is to keep driving global growth in years to come as Europe and the United States slow.
Obama: Romney's math doesn't add up President Barack Obama mocked Mitt Romney's "two plus one equals five" economics Sunday, poking his Republican foe as he enjoyed a polling spurt after the Democratic convention.
10 September 2012
France's richest man and LVMH boss denies tax exile bid France's richest man and LVMH boss Bernard Arnault said Sunday he was not becoming a tax exile, despite seeking Belgian nationality as Paris moves to impose a 75-percent wealth tax.
10 September 2012
US Treasury to sell $18 bn of AIG stock The US Treasury Department announced Sunday that it has launched a public offering of $18 billion of its common stock in AIG, the giant insurer bailed out by the US government.
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