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Economy News

RSS feedDisplaying articles 41 - 50 of most recent articles

Rapprochement With Cuba: What It Includes And Excludes President Obama's move to restore diplomatic ties with Cuba does not lift the trade embargo. That jurisdiction belongs to Congress, but do the upcoming changes all but undermine the embargo? | Dec 18, 2014 10:11 AM [GMT] | comment? | recommend
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Merkel says Russia sanctions remain 'unavoidable' German Chancellor Angela Merkel stressed Thursday that Europe's goal remains a free and whole Ukraine and that Western sanctions against Russia remain unavoidable until that goal is reached. She was speaking to parliament hours before the start of a
Yahoo! News | Dec 18, 2014 10:10 AM [GMT] | comment? | recommend
Russia prepares new support for banks that could be worth $17 billion MOSCOW (Reuters) - Russian banks could get a capital boost of up to 1 trillion rubles ($17 billion) under a new law being prepared by the government to support a sector suffering from Western sanctions and an economic slowdown.
Yahoo! News | Dec 18, 2014 10:05 AM [GMT] | comment? | recommend
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German business confidence grows in December: Ifo Berlin (AFP) - German business confidence rose again in December, the Ifo economic institute said Thursday, as the outlook for Europe's biggest economy continued to brighten.
Yahoo! News | Dec 18, 2014 09:34 AM [GMT] | comment? | recommend
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Boroichi bargains provide cheer amid Japan's economic gloom By Thomas Wilson TOKYO (Reuters) - "Irasshai, irasshai, irasshai!" The traditional welcome of merchants rings out around Tokyo's Boroichi flea market, one of Japan's oldest. About 200,000 people flock to the market, which is only open
Yahoo! News | Dec 18, 2014 07:23 AM [GMT] | comment? | recommend
China Exim Bank lends Ivory Coast $91 mln for water upgrades ABIDJAN (Reuters) - China's Exim Bank and Ivory Coast have signed a loan deal worth 48.4 billion CFA francs ($91.48 million) to finance water infrastructure work in Abidjan, the West African nation said on Wednesday. Ivory Coast, French-speaking West Afri
Yahoo! News | Dec 18, 2014 07:06 AM [GMT] | comment? | recommend
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Mozambique economy grew 7.5 pct in 2014 - cenbank MAPUTO (Reuters) - Mozambique's economy grew 7.5 percent this year, a slight increase on the previous year due to a strong performance in agriculture, manufacturing and extractive industries, the central bank said on Wednesday. The gas-rich southern
Yahoo! News | Dec 18, 2014 07:05 AM [GMT] | comment? | recommend
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Western sanctions may last for decades: Russian minister tells newspaper MOSCOW (Reuters) - Western sanctions over Russia's role in the Ukraine crisis are likely to last "for a very long time", possibly decades, Economy Minister Alexei Ulyukayev told Vedomosti newspaper. "When a U.S. law is passed it is ver
Yahoo! News | Dec 18, 2014 07:04 AM [GMT] | comment? | recommend
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Fed rate wording boosts Asian stock markets Asian stock markets powered higher Thursday, sweeping aside worries about a flagging global economy after the U.S. Federal Reserve said it would remain "patient" in its approach to raising interest rates.
Yahoo! News | Dec 18, 2014 06:47 AM [GMT] | comment? | recommend
Spain's family-run shops face last Christmas as rent controls end On Madrid's main shopping street, the Gran Via, a toy store that has sold handmade dolls since it opened in 1942 just after Spain's Civil War, is preparing to close after the Christmas rush. While business has held up during Spain's economi
Yahoo! News | Dec 18, 2014 05:10 AM [GMT] | comment? | recommend