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News Analysis

Cyprus flag

Fitch reports about Cyprus’s decision to exit its three-year EU-IMF programme

17/03/2016(0)
Fitch: Cash Buffer, Debt Management Support Cyprus Programme Exit Cyprus’s decision to exit its three-year EU-IMF programme ahead of schedule without a precautionary post-programme credit line reflects the sovereign’s ... Read More
sugar_tax

Sugar tax surprise in Budget – but growth forecasts cut

17/03/2016(0)
George Osborne has unveiled a tax on sugary drinks in a wide ranging Budget dominated by gloomier growth forecasts. The chancellor blamed the slowdown on a “dangerous cocktail” of ... Read More
OPEC logo

OPEC Production Declines Despite Iran’s Efforts

16/03/2016(0)
The OPEC Monthly Oil Market Report just came out. The charts are “Crude Only”production and do not reflect condensate production. Also the charts, except for Libya, are not zero based. I chose ... Read More
Mario Draghi - EUROPE

Interview with The Guardian

15/03/2016(0)
Interview with Mario Draghi, President of the ECB, conducted by Shiv Malik on 18 February 2016 and published on 11 March 2016 What does the ECB’s own research on incomes ... Read More
The corporate logo of financial firm Morgan Stanley is pictured on a building in San Diego

Morgan Stanley sees 30% risk of world recession

15/03/2016(0)
Morgan Stanley has hiked the probability of a recession hitting the global economy within the next year to 30 percent from 20 percent. The U.S. bank also cut its ... Read More
greece-europe-flags

OECD: Greece will be on the top of countries regarding taxes withheld from salaries and pensions

15/03/2016(0)
Taxes take half of high salaries The government will send Greece to the top of the chart among the countries of the eurozone and the Organization for Economic Cooperation ... Read More
Hona-Al-Kuwait

Kuwait approves economic reforms including the introduction of a 10 per cent Corporate tax

15/03/2016(0)
Kuwait approves 10 per cent corporate tax, other reforms as deficit widens Kuwait’s cabinet has approved economic reforms including the introduction of a 10 per cent tax on corporate ... Read More
russian-crude

Which country had become Russia’s biggest oil customer?

15/03/2016(0)
China overtakes Germany as Russia’s top crude consumer The latest report from the International Energy Agency (IEA) shows that at the end of 2015 China had become Russia’s biggest ... Read More
russia oil

What oil freeze? Saudi Arabia and Russia pump more

15/03/2016(0)
So much for that agreement to freeze output. The latest oil market data reveal that both Russia and Saudi Arabia ramped up their oil production in February, despite talks about supply ... Read More
Central Bank of Hungary

Hungary set to cut lending rate to boost inflation

11/03/2016(0)
Hungary’s central bank is set to lower its main lending rate and adjust its overnight rates to try to rekindle inflation, one of the central European country’s top central ... Read More
Broker Cyprus TopFX