Search Results for: Bank of Russia
European farmers in crisis: EU Commission activates measures to support them
March 17th, 2016
European Commission activates exceptional measures to further support European farmers in crisis “This is a package of measures which can have a material and positive impact on European agricultural markets and it should now be given the chance to ...
Credit Suisse Accused of Money Laundering by Billionaire
March 17th, 2016
Former Georgian PM alleges bank failed to control ex-manager Geneva criminal complaint is latest to target the Zurich bank Lawyers for Georgia’s billionaire former prime minister Bidzina Ivanishvili accused Credit Suisse Group AG of money laundering as they step ...
Gold is the only sound money
March 11th, 2016
This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, and implications for the future The technical situation is shown ...
Iran Oil Lands in Europe for First Time Since Sanctions End
March 7th, 2016
Spanish refiner Cepsa offloads first tanker with Iranian crude France and Romania await cargoes as Iran slowly ramps-up sales The Monte Toledo oil tanker covered the uneventful voyage from Iran to Europe with a haul of 1 million barrels ...
Credit Suisse Pulled Into Geneva Fight Over Lost Client Cash
March 2nd, 2016
Russians name bank as a potential target, according to lawyer Ex-manager accused in Geneva of defrauding banks’ clients Credit Suisse Group AG has been dragged into a second criminal complaint brought by two Russian clients who claim that a ...
Moscow Exchange to offer a new type of security – clearing participation certificate
February 29th, 2016
Moscow Exchange is launching a new security called clearing participation certificate (CPC) to allow participants to increase their turnover on the Equity & Bond Market and Money Market. The new instrument combines the advantages of the two most popular ...
Oil Prices up on Strong U.S. Data and Lower Oil-Rig Count
February 29th, 2016
Crude oil prices rose in early Asian trade Monday, buoyed by hopes that a fall in U.S. oil rigs would ease excess supply while stronger consumer spending in that country would spark demand for oil. On the New York ...
Asia markets mostly higher; Sharp drops 15% on takeover deal
February 26th, 2016
Asian markets were mostly higher Friday, with Japan extending gains from the previous session and Australia closing flat. Market watchers will be focused on a two-day gathering of G20 finance ministers and central bankers in Shanghai that kicked off ...
Saudi Oil Minister Surprises OPEC with Tough Line on Prices
February 25th, 2016
Prepared for $20 a barrel to force production cuts outside the Middle East, Says al Naimi Saudi Arabian Oil Minister Ali al-Naimi surprised fellow members of the Organization of the Petroleum Exporting Countries on Tuesday when he said the ...
Asia trades lower as market sentiment falls, ASX slips 2%, Shanghai down 1%
February 24th, 2016
Asia stocks traded mostly down Wednesday morning, with a combination of low oil prices, concerns over China and weak overnight data weighing on market sentiment. In Japan, the benchmark Nikkei 225 retraced losses over 1.7 percent early on to trade down ...
