Turkey 'takes $100 billion hit' from political turmoilThe political crisis engulfing Turkish Prime Minister Recep Tayyip Erdogan has cost the economy $100 billion, a top official said Monday, as financial markets rebounded after days in freefall.
31 December 2013
Turkey PM reshuffles cabinet amid graft scandalTurkish Prime Minister Recep Tayyip Erdogan replaced nearly half his cabinet in a dramatic reshuffle after a spreading graft scandal forced the resignation of three top ministers.
Uruguay economy minister resigns over airline scandalUruguay's economy minister has resigned as he faces a probe over the 2012 collapse of national airline Pluna -- a scandal that has tainted President Jose Mujica's administration.
23 December 2013
EU banking union too complicated, too slow: analystsAn EU system to prevent a repeat of the massive bank bailouts which crippled the economy is a major step but it is also too complicated when speed is absolutely essential, analysts said.
23 December 2013
Living wage to be raised in Kazakhstan in 2017After the controversy around the minimum living wage is Kazakhstan, Kazakhstan Minister of Labor and Social Protection of Population Tamara Duisenova promised to raise the living wage in 2017.
Bailouts still key issue as eurozone finance ministers meetEurozone finance ministers meet in calmer times Friday but still need to ensure bailed-out member states meet their targets amid growing speculation some will need more help to get back on track.
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