Merkel urges Brazil to protect Amazon rainforestBrazil and Germany threw their weight behind the push for a global climate agreement later this year and stressed the vital importance of defending the Amazon jungle from deforestation.
21 August 2015
France's Le Pen booted out of his far-right partyJean-Marie Le Pen, France's elderly, far-right master provocateur, was booted out of the National Front (FN) he founded after a high-profile feud with his daughter and party leader Marine.
Kazakhstan’s PM Karim Massimov on further economic prospectsThe Government will be rendering support to socially vulnerable groups of population. In the long run (…) it’s impossible to support all troubled industries out of taxpayers’ money: Karim Massimov.
Kazakh currency falls 23 percent after switch to free-floatEnergy-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.
Greece repays 3.4 bn euros to European Central Bank: sourceGreece 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.
20 August 2015
PM Massimov on how Kazakhstan avoided defaultFrom August 20 the National Bank and the Government have decided to implement a new monetary policy based on inflation targeting and to renounce the earlier practiced currency corridor.