News

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Sun, 18 Mar 2018 20:57:36 GMT

Weidmann: positive economic developments could end ECB's asset purchases

The President of the German Bundesbank Jens Weidmann said on Sunday that favourable economic developments and inflation forecasts could allow the ECB to end its asset purchases.

Sun, 18 Mar 2018 19:51:21 GMT

Poll: Putin wins presidential election in Russia

A recent poll showed late on Sunday that the Russian President Vladimir Putin had won the country's presidential election with 73.9% of the votes.

Sun, 18 Mar 2018 19:51:11 GMT

CEO of GEA Group to step down in April 2019

The CEO of GEA Group, the German manufacturer of food processing machines, Juerg Oleas is to resign from his position in April 2019, the company announced on Sunday.

Sun, 18 Mar 2018 18:54:48 GMT

Reuters: CACI seeks merger with CSRA

According to Reuters, the US defence contractor CACI International Inc has proposed a merger with CSRA Inc as an alternative to the $6.8B acquisition by General Dynamics Corp.

Sun, 18 Mar 2018 18:53:58 GMT

ECB's Knot confident about Euro zone's inflation reaching target

The President of the Central Bank of the Netherlands Klaas Knot assured on Sunday that inflation in the Euro zone was very likely to reach the ECB target after several quarters.

Sun, 18 Mar 2018 17:55:40 GMT

Malpass: China's state control is increasing concern to world

According to the US Undersecretary for International Affairs David Malpass, China's increasing state control and restricted foreign investment were a concern for world economies.

Sun, 18 Mar 2018 17:54:29 GMT

India's Axis Bank opens new branch in UAE

India's third largest private bank Axis Bank has opened a new branch in the UAE in an attempt to gain from the increasing number of non-resident Indians in the country.

Sun, 18 Mar 2018 16:51:35 GMT

Chile's government drafts new rule to attract foreign investment

The Chilean government was drafting a new decree intended to provide tax and regulatory incentives for foreign investors, La Tercera reported on Sunday.

Sun, 18 Mar 2018 16:51:04 GMT

Egypt approves budget with 8.4% deficit in fiscal 2018/2019

The Egyptian government approved on Sunday its budget for the 2018/2019 fiscal year, targeting a deficit of 8.4% from the gross domestic product.

Sun, 18 Mar 2018 16:11:37 GMT

Argentina, Germany to stress importance of free trade at G20 summit

The Argentinian and German Finance Ministers have agreed on Sunday to communicate the importance of free international trade at the G20 summit this week.

Sun, 18 Mar 2018 16:01:05 GMT

Qatar asks US Treasury to probe NBAD Americas

The Central Bank of Qatar has requested the US Treasury to investigate NBAD Americas', which is a subsidiary of First Abu Dhabi Bank, possible manipulation with the Riyal.

Sun, 18 Mar 2018 15:23:10 GMT

Republican senators urge Trump not to end Russia election probe

On Sunday, Republican senators urged the US president Donald Trump not to shut down the federal probe of Russian intervention in 2016 US presidential election.

Sun, 18 Mar 2018 15:09:22 GMT

Turkish army and Syrian rebels take Afrin town center

On Sunday, Turkish army and Syrian rebels swept into the town of Afrin on the north-west of Syria, returning the control over the city after an 8 week campaign against Kurdish YPG-militia. 

Sun, 18 Mar 2018 14:09:48 GMT

Senator Corker wants US to terminate Iran deal

The US Senator and Chairman of the Foreign Relations Committee Bob Corker said on Sunday he expects President Trump to withdraw from the Iran nuclear deal in May.

Sun, 18 Mar 2018 14:09:37 GMT

Israeli air forces hit several targets in Gaza

According to the Jerusalem Post, Israeli jets hit several targets in the central Gaza Strip, including a tunnel that was dug by Hamas forces in order to conduct cross-border attacks.

Sun, 18 Mar 2018 13:18:15 GMT

Syrian army liberates 80% of Eastern Ghouta

According to local news agencies, Syrian army liberated the city of Saqba from terrorist groups on Sunday, thus taking under control nearly 80% of Eastern Ghouta.

Sun, 18 Mar 2018 13:12:52 GMT

BND believes North Korean rockets can hit Europe

According to the Bild am Sonntag, the Deputy Director of German BND Ole Diehl told parliamentarians that North Korean nuclear missiles can reach and hit Europe.

Sun, 18 Mar 2018 12:06:51 GMT

Bundesbank's VP calls for digital currency regulation

The Vice President of Bundesbank Claudia Buch agreed on Sunday that there is a need to examine the role of cryptocurrencies in various criminal activities and, if needed, enhance regulation.

Sun, 18 Mar 2018 12:06:45 GMT

UK says Russia secretly stockpiled nerve agent

The Foreign Secretary of Britain Boris Johnson stated on Sunday that Russia has been secretly warehousing a nerve agent called Novichok that was used to eliminate former double agent Sergei Skripal.

Sun, 18 Mar 2018 10:52:12 GMT

Hackers hit Russian Central Election Commission's website

The Russian Central Election Commission reported that its website was hit by DDoS attacks from 15 countries on the election day.

Sun, 18 Mar 2018 10:50:58 GMT

Ukraine bars Russian citizens from voting in presidential election

Nearly 72K Russian citizens in Ukraine have been barred from voting in the 2018 Russian Presidential Election.

Sun, 18 Mar 2018 09:53:23 GMT

EU publishes list of US products it could hit with duties

The EU has released a list of US-made products that it could target if the US President Donald Trump introduces new tariffs on steel and aluminium imports.

Sun, 18 Mar 2018 09:51:19 GMT

Obama to visit New Zealand, Singapore, Australia, Japan

Official sources reported that the former President Barack Obama would embark on a weeklong tour of New Zealand, Singapore, Australia and Japan.

Sun, 18 Mar 2018 09:32:37 GMT

ASEAN, Australia speak out against protectionism

Singapore's Prime Minister Lee Hsien Loong and the Australian Prime Minister Malcolm Turnbull finished the one-off summit of the ASEAN on Sunday with a stand against trade barriers and protectionism.

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