There are deep cultural and historical ties between Greece and Russia. In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track ... Read More
Will a Grexit Be the Lehman-Like Trigger of the Next Global Financial Crisis? European Union leaders continue to play a game of brinkmanship with the Greek government. Greece has ... Read More
EU Commissioner Pierre Moscovici has said a Greek debt deal is close but needs a “happy ending”, as Greek Prime Minister Alexis Tsipras pushes for an agreement in Brussels. ... Read More
Egypt’s housing minister on Tuesday acknowledged “complications” in contract negotiations with the investment fund expected to lead development of a new administrative capital east of Cairo. Mustafa Madbouly declined ... Read More
Visa Inc., the world’s largest payments network, is in preliminary talks to buy former subsidiary Visa Europe Ltd. in a deal that may be valued at as much as ... Read More
The US Federal Reserve has modified its stance on interest rates, which have been kept at a record low of 0% since the financial crisis in 2008. It removed the ... Read More
A senior U.S. diplomat said it was up to individual countries whether to join a new China-led international development bank as media reports said a growing number of close ... Read More
Austria’s decision to burn bondholders of a failed state bank may mean almost 1.3 trillion euros ($1.4 trillion) of European debt once deemed risk-free now comes with a hazard ... Read More
Russia’s state-owned gas giant Gazprom warned Tuesday it could cut off gas deliveries to Ukraine within two days, upping the stakes in the crisis there — and threatening supplies ... Read More
Are we on the verge of a major worldwide economic downturn? Well, if recent warnings from prominent bankers all over the world are to be believed, that may be ... Read More
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