The 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.
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.
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.
From 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.
The deadly Bangkok bomb took over one month to plan and was executed by more than 10 people, as more details emerged of the suspected network behind an attack that killed 20 people.
Dancers in love with tango's passion bit their nails and hit the floor as more than 700 couples from far and near converged on Buenos Aires, focused on being best.
France and Britain are to sign a deal Thursday aimed at alleviating the migrant crisis in Calais, where thousands of people desperate to cross the Channel have gathered in slum-like conditions.
Barack Obama is making a final push to close Guantanamo prison, but to fulfill that glaringly incomplete campaign promise he faces unpalatable compromises and internal resistance.
Scientists have identified a genetic master-switch that makes some people more prone to obesity than others, and research out suggests it can be turned off, possibly leading to weight loss.
Inflation targeting is another type of monetary policy that rests on the inflation rate in the mid run, rather than on the currency exchange rate: Kairat Kelimbetov.
Russian President Vladimir Putin said he would be glad to grant a request for Russian citizenship from US boxer Roy Jones Jr as the multiple world champion visited Russian-annexed Crimea.
The National Bank will not be directly defining the exchange rate, but will retain the right to rely on currency interventions if the financial system faces threats of destabilization.
The United States called on Russia to release an Estonian intelligence officer who was sentenced to 15 years in prison for spying and weapons possession, calling the charges "baseless."