Oil Prices Plummet As Investors Brace For Flood Of Iranian Crude
Oil prices plummeted to their lowest levels since the depths of the global recession in February 2009 as investors braced for a flood of Iranian oil in an already glutted market.
Kazakhstan Becomes Full-Fledged WTO Member
Kazakhstan has become the 162nd member of the World Trade Organization (WTO).
IMF gives China's currency prized reserve asset status
The International Monetary Fund on Monday, as expected, admitted China's yuan into its benchmark currency basket in a victory for Beijing's campaign for recognition as a global economic power.
Putin approves economic retaliation measures against Turkey
Russian President Vladimir Putin signed a decree imposing economic sanctions against Turkey on Saturday, four days after Turkey shot down a Russian warplane near the Syrian-Turkish border.
Oil gains, bond prices inch up on Turkey-Russia tensions
Oil prices jumped and government debt prices edged up on Tuesday after Turkish jets shot down a Russian warplane near the Syrian border, adding to worries about tensions in the Middle East.
Egypt's revaluation: a prelude to unshackling the pound?
Egypt's revaluation of the pound this week has raised expectations of a major shift in how it manages a long-running currency crisis, with evidence growing that the central bank may be preparing for a more flexible exchange rate mechanism.
World stocks fall on China worries; oil ends lower
World equity indexes dropped on Monday as disappointing trade data in world No. 2 economy China stoked concerns over weakening global growth, while oil prices slipped.
Some EU countries deserve budget leeway over refugee crisis
European countries most affected by the refugee crisis may be granted some leeway on fiscal rules for a limited period of time, the head of the euro zone finance ministers said on Monday.
|
