Search Results for: US economy
On Bank of Russia key rate ( from 14.00 to 12.50%)
April 30th, 2015
On 30 April 2015, the Bank of Russia Board of Directors decided to reduce the key rate from 14.00 to 12.50 percent per annum, taking account of lower inflation risks and persistent risks of considerable economy cooling. Amid ruble appreciation and significant contraction in consumer demand in February-April 2015, monthly ...
Cutting Russia off SWIFT banking network would be catastrophic — UniCredit representative
April 30th, 2015
In case of a cut-off, Russia will be much more effective in adopting a different system of payments, maybe in cooperation with China, and many Western banks will collapse The idea of cutting Russia off the SWIFT international banking ...
Cyprus, Greece, Egypt agree to boost economic and political cooperation
April 29th, 2015
The leaders of Cyprus, Greece and Egypt agreed on Wednesday to augment economic and political cooperation among their respective nations, underlining their commitment to peace and stability in a troubled region. “Today we have reaffirmed that the trilateral dialogue ...
Cyprus Central bank head says ready to act if Greece spills over
April 28th, 2015
Central bank governor says Cyprus and Greece decoupling Georghadji says Cyprus no longer at high risk from Greece Cyprus is ready to react to any spillover from the crisis in Greece, the governor of the island’s central bank said ...
Central Banks Will Be Busy This Week, But Their Ability To Boost Global Business Is In Doubt
April 27th, 2015
Most big central banks have been easing policy since the beginning of the year and are set to do more, but it still isn’t clear whether that new activism, which has pushed stock markets to record highs, will help ...
Turkey and Russia may conclude free trade agreement by year end
April 23rd, 2015
Turkey is interested in using national currencies to pay for export and import operations with Russia Turkey and Russia are not facing any particularly difficulties in the process of preparing a Turkish-Russian free trade agreement, Turkish Minister of Economy ...
Russian companies are back to international debt markets
April 20th, 2015
The international capital markets turned out to be almost closed for Russian companies as a result of anti-Russia sanctions Russian companies are gradually coming back to international debt markets, according to Deputy Finance Minister Maksim Oreshkin. “Russian companies are ...
China, Japan stocks up as Beijing steps up stimulus
April 20th, 2015
Stock markets in China and Japan rose on Monday after Beijing’s latest stimulus to shore up the world’s second-largest economy underpinned sentiment and helped limit losses across the rest of Asia. China’s central bank on Sunday cut the amount ...
Analysis finds AIM companies directly contribute nearly £15bn to UK economy
April 16th, 2015
More than 3,580 companies have listed on AIM market in the past 20 years; raising £39.5 billion at admission, followed by further fundraising amounting to £51 billion AIM companies directly support employment of over 430,000 people and contributed tax ...
India is world’s fastest growing major economy. Can it last?
April 15th, 2015
India is looking like the success story of 2015. Its economy is growing faster than China‘s this year, and the most of any major economy in the world. It will surpass Russia‘s this year in size and nearly equal ...
