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Brent Crude Oil

Analysts see 2016 oil price rise, while traders bet on fall

31/12/2015(0)
A year ago, after oil prices had halved in six months, analysts were forecasting a price recovery in 2015 while many traders were busy shorting the market. As it ... Read More
oil-well

Not Even OPEC Can Fix Oil Glut

30/12/2015(0)
Surprisingly strong crude output in the U.S. and Mideast over the past year pushed oil prices to their lowest levels in more than a decade. But for investors trying ... Read More
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World Economic League Table 2016 Highlights

29/12/2015(0)
Slower Chinese GDP growth and a weaker currency mean that China is now forecast to overtake the US in 2029 compared with 2025 in last year’s forecasts. Japan has ... Read More
arab markets

Saudi Arabia Set to Announce 2016 Budget Amid Oil Plunge

28/12/2015(0)
Budget is 1st under King Salman, may see capital spending cut Kingdom may post a budget deficit of 20% of GDP this year Saudi Arabia, seeking to cope with ... Read More
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Cyprus Can Boost Shipping’s Role in Economy, Wilbur Ross Says

28/12/2015(0)
Government’s targets are achievable, billionaire investor says Cyprus to be more aggressive in seeking shipping business Cyprus’s target to increase the contribution that shipping makes to its economy by ... Read More
OPEC logo

OPEC: $95 Oil, But Not Until 2040

28/12/2015(0)
This week opened with the average global price of oil at an 11-year low, yet OPEC expects its own producers eventually will cut back on production, causing prices to ... Read More
russia-ukraine

Ukraine set to lose preferential trade with Russia after failed last-minute talks in Brussels

22/12/2015(0)
Following a failed round of negotiations in Brussels, Russia will inevitably suspend the free trade agreement with Ukraine within the Commonwealth of Independent States, once a trade deal between ... Read More
Tokyo_Hachiko_Squa_1829466b

Japanese economy forecast to grow 1.7% in fiscal 2016

22/12/2015(0)
The Japanese economy is expected to grow about 1.7 percent in real terms in fiscal 2016 starting next April, led by recovering consumer spending and solid capital investment, the ... Read More
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QNB Group enters into definitive agreement with National Bank of Greece to acquire its 99.81% stake in Finansbank – Turkey

22/12/2015(0)
QNB Group, the largest financial institution in Qatar and the Middle East and North Africa Region, announces that it has entered into a definitive agreement with National Bank of ... Read More
saudi-arabia

Saudi Arabia’s government is looking at smart, alternate revenue sources

21/12/2015(1)
Saudi Arabia’s foreign reserves are a confidence booster but undoubtedly the government is looking at smart, alternate revenue sources that will not erode the country’s competitive advantage, say economists. ... Read More
Broker Cyprus TopFX