A new poll showed on Saturday that about 84.2 percent of Japanese feel little economic improvement in the country, brushing aside rhetorical pledge by Prime Minister Shinzo Abe and his economic…
World Economy
Shale stocks have been hard-hit as investors see margins all but evaporating following the slide in crude oil prices, but the US shale energy boom is not over.
British Foreign Secretary Philip Hammond warned of the ‘economic damage’ the UK might face if it leaves the European Union, ITV News reported. “There are people who simply want to leave, and they…
Russian Deputy Foreign Minister Alexei Meshkov urged the European Union to lift sanctions against Moscow over the Ukrainian conflict and promised to waive its counter-measures, Interfax news…
South Africa’s current account and fiscal deficits as well as its poor economic growth pose a risk to monetary and fiscal policy, Reserve Bank deputy governor Daniel Mminele says.
In a…
There are two real challenges, Presidents Jean Claude Juncker and Donald Tusk are facing in the years to come. They must convince Angela Merkel to let the European Central Bank to print…
With the rich seams of coal in eastern Ukraine under rebel control and Russia cutting off supplies, the Kiev government faces the awkward prospect of turning to its enemies for help.
As…
Gold futures capped the biggest decline in three weeks as a stronger dollar and plunging energy prices curbed demand for the metal. Silver plunged the most in 17 months.
Lending conditions for German businesses remain favorable in November according to the latest data released by the ifo Institute, although it tightened slightly from 17.7% to 18.3 % month on…
Russian entrepreneur Oleg Tinkov, the owner of consumer credit group TCS (Tinkoff Credit Systems), said he may opt to delist the company shares from the London Stock Exchange after they lost more…
Venezuela’s President Nicolas Maduro said he and other government officials should take salary cuts as part of budget reductions in response to the lower price of oil, Reuters reported.
Zimbabwe Finance Minister Patrick Chinamasa’s $4.1 billion 2015 national budget presented Friday exposed a deep fiscal crisis gripping government amid shock revelations that government will spend…
For the first time since 1969, Germany has balanced its budget. Lawmakers in parliament approved the historic budget, despite repeated outcry from the opposition investment was more important than…
The Russian economy is about to slip into recession as energy prices stagnate and labor and capital reach full capacity, analysts say.
Egypt has paid back $2.5 billion that Qatar gave in loan to help prop up the Egyptian central bank’s hard currency reserves, a central bank official said on Friday night, as the Qatari foreign…
The International Monetary Fund (IMF)’s Managing Director Christine Lagarde has said that the World Trade Organization (WTO) decisions on the trade facilitation agreement and public stock holding…
Germany is ready to intensify trade and economic cooperation with Kyrgyzstan, according to a meeting of Vice Prime Minister for Economy and Investments of Kyrgyzstan Valery Dil with State…
Dutch researchers are to test a renewable water energy source known as “blue energy” at an experimental facility which opened on Wednesday.
The blue energy principle is based on the…
Inflation in Germany, Europe’s biggest economy, slowed to its lowest level in nearly five years in November, data showed Thursday, turning up the heat on the European Central Bank to take more…
The planet’s poorest nations like Ethiopia, Malawi and Angola have failed to cash in on strong economic growth due to a lack of structural reforms and left them wallowing in poverty, the UN warned…
Ghost cities lined with empty apartment blocks, abandoned highways and mothballed steel mills sprawl across China’s landscape – the outcome of government stimulus measures and hyperactive…
At a technology fair in Moscow last month, European executives faced the new reality of doing business in Russia since the West imposed sanctions: the number of companies at the international…
Turkey is going to establish an organized industrial zone in the Palestinian city of Jenin in the West Bank, according to a memorandum of understanding co-signed on Wednesday. The memorandum was…
Ratings agency Standard & Poor’s (S&P) cut its credit rating on Standard Chartered for the first time in 20 years on Friday, citing the “tough period” the Asia-focused bank was going…
Brazil’s economy grew 0.1 percent in the third quarter from the previous quarter and pulled out of a brief recession, government agency IBGE said on Friday. It was slightly worse than…
