Search Results for: Bank of Russia

BRICS to establish new multi-currency financial order

May 25th, 2015 (0)
The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it’s the first time a global financial institution is led by developing countries, said experts to RT. ...

Greece warns it is set to default on debt repayment loans

May 25th, 2015 (0)
Interior minister says Athens simply cannot satisfy IMF deadline next month unless it works out a deal with eurozone creditors Greece has threatened to default on €1.6bn (£1.14bn) of debt repayment due on international bailout loans next month, claiming it ...

World Economic Forum: Jordan in $12bn investment drive

May 22nd, 2015 (0)
Dead Sea // Jordan plans to unveil a multibillion-dollar programme of foreign investment and create thousands of new jobs in the country at the World Economic Forum on the Middle East and North Africa. King Abdullah will formally open the ...

Barclays to Pay $400 Million Penalty to Settle CFTC Charges

May 21st, 2015 (0)
CFTC Also Took Action Today Against Barclays and its Affiliates for Attempted Manipulation and False Reporting of the ISDAFIX Benchmark, an Interest Rate Benchmark — the First Enforcement Action Addressing Abuse of ISDAFIX Barclays Has Now Been Subject to ...

OPEC Struggling To Keep Up The Pace In Oil Price War

May 21st, 2015 (0)
Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil in the second half of this year. CA recently noted ...

Hotspot cuts trading fees with “Hot List” pricing for more than 30 currency pairs

May 14th, 2015 (0)
Hotspot, a leading institutional foreign exchange (FX) market owned and operated by BATS Global Markets (BATS), today announced plans to eliminate liquidity removal fees for customers in more than 30 select currency pairs, beginning 1st June 2015. The “Hot ...

Putin’s Next Takeover Target Is Oil Giant’s $34 Billion Cash Pile

May 12th, 2015 (0)
In Russia, even private companies serve at the pleasure of the president, particularly if they pump oil. A decade ago, Vladimir Putin’s allies had Mikhail Khodorkovsky jailed and seized his Yukos Oil Co. Last year, they forced billionaire Vladimir ...

Greek PM A. Tsipras met with voters in jumbo interview (Video)

April 28th, 2015 (0)
Greek Prime Minister A. Tsipras’ interview ran from 11.30 p.m. through to 2.36 a.m. and involved him directly answering voters’ questions Greek Prime Minister Alexis Tsipras appeared confident that an “interim agreement” would be agreed upon with Greece’s partners ...

Ruble is enjoying demand thanks to monthly tax payments

April 24th, 2015 (0)
The ruble made new gains on Thursday, supported by impending monthly tax payments that require the conversion of export earnings, and ignoring expectations the central bank will soon cut interest rates. “The Russian currency is enjoying demand thanks to ...
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