Search Results for: Middle East
Eurozone fails to benefit from weak currency as oil price slides
October 20th, 2014
Pity the policy makers given the job of rescuing the eurozone from deflation. The unorthodox steps the European Central Bank has taken since June – including a programme of private-sector asset purchases – have caused a steep fall in ...
The future of the Shanghai Cooperation Organisation
October 17th, 2014
China recently reaffirmed that it backs India and Pakistan becoming members of the Shanghai Cooperation Organisation (SCO). At the 14th meeting of the Council of Heads of States of SCO on 12 September, Chinese President Xi Jinping called for ...
Dubai, Saudi, Qatar bourses plunge amid oil price decline
October 17th, 2014
Markets across the Middle East tumbled on Thursday as global equities and oil prices continued to decline, while Saudi Arabia’s drop was magnified by investors selling to prepare for a $6 billion initial public offer of shares. Brent crude ...
Central bankers may have no quick fix as markets swoon, economy weakens
October 16th, 2014
Global central bankers, eager to see the economy stand on its own feet, faced the rude reality this week of market turmoil threatening already faltering growth and prolonging world reliance on easy money. Stocks slumped again on Wednesday pushing ...
The Rise and Fall of the Cypriot Economy (Part 1)
October 16th, 2014
Part 1 – Blue Skies, Growth & Wealth Development The Cypriot economy has had its fair share of ups and downs over the past 60 years since the island gained independence from the United Kingdom. The purpose of this ...
Australia 200 – Bounces Strongly Off Support at 5100
October 15th, 2014
Australia 200 for Wednesday, October 15, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
IronFX was granted enhanced Financial Conduct Authority (FCA) licence
October 15th, 2014
IronFX Global UK Ltd was granted with an enhanced Financial Conduct Authority (FCA) licence. The enhanced permission will allow IronFX Global UK to deal as principle and agent in investments as well as to hold client funds. With this ...
ADS Securities eyes investment banking move
October 10th, 2014
Abu Dhabi’s ADS Securities is expanding into new services including investment banking and asset management following its acquisition of a London brokerage firm, its vice chairman and executive managing director said on Tuesday. Privately owned ADS, which started operations ...
Democracy or Idiocracy?
October 9th, 2014
In Cyprus, we live in a democracy characterised by government by the people and/or their elected representatives: constitutional guarantees, free and fair elections, a parliament of elected members, separation of legislature and the executive, an independent judiciary, and so ...
Prolonged German downturn could prompt stimulus rethink
October 8th, 2014
The last thing the faltering European economy would appear to need right now is a sudden downturn in Germany, hitherto the bloc’s pillar of strength. But a bout of German weakness may be precisely what is required to convince ...
