News

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Sun, 15 Oct 2017 03:50:06 GMT

EZ needs to feel market pressure to get right economic path

European governments need to face market pressure for setting the right economic policy, the EZ Finance Ministers' Chairman Jeroen Dijsselbloem stated.

Sun, 15 Oct 2017 02:57:41 GMT

Qatar consumer deflation deepens as property market weakens

Consumer price deflation in Qatar deepened in September as the country's property market faced further downturn amid economic sanctions imposed by Arab countries.

Sun, 15 Oct 2017 02:56:37 GMT

Carstens expects temporary impact on Mexico if NAFTA ends

The end of NAFTA is likely to have negative impact on Mexico, creating a short-lived economic downturn, Agustin Carstens, the Mexican Central Bank Chief, stated.

Sun, 15 Oct 2017 02:32:22 GMT

Poland to quit $9.2B worth IMF credit line

The Finance Ministry of Poland stated that the country is set to quit the IMF precautionary Flexible Credit Line worth $9.2B, as its strong economy allows to do that.

Sun, 15 Oct 2017 02:31:02 GMT

Germany's FM Schaeuble warns against increasing protectionism

Wolfgang Schaeuble, the Finance Minister of Germany, warned against rising protectionism and urged countries to cooperate more closely, after visiting the US.

Sat, 14 Oct 2017 20:33:38 GMT

IMF countries welcome economic upswing

The International Monetary Fund member countries welcomed improvement in the global economic activity at an annual meeting on Saturday, an official statement shows.

Sat, 14 Oct 2017 20:32:58 GMT

Germany: danger of war rises after US move on Iran nuclear deal

The US decision to terminate the nuclear deal is likely to result in Iran developing nuclear weapons, the German Foreign Minister Sigmar Gabriel says.

Sat, 14 Oct 2017 19:27:42 GMT

Poloz: Canada growth to slow down

The Canadian economic growth will slow down in the second half of 2017, the Bank of Canada Governor Stephen Poloz says.

Sat, 14 Oct 2017 19:26:52 GMT

Draghi: ECB believes in inflation, wage rise

Inflation and wages will eventually rise in the EU countries, but slower than previously thought, the European Central Bank President Mario Draghi says.

Sat, 14 Oct 2017 18:26:59 GMT

Tesla fires hundreds of employees

Hundreds of Tesla's employees, including team leaders, supervisors and associates were fired the previous week, a former employee states.

Sat, 14 Oct 2017 18:25:55 GMT

IMF Lagarde: trade revisions are good thing

Revision of trade agreements can be a "win-win" for all nations involved, the International Monetary Fund Managing Director Christine Lagarde says.

Sat, 14 Oct 2017 17:27:07 GMT

Thousands protest against Malaysian Prime Minister

Thousands of people gathered on Saturday to oust the Malaysian Prime Minister Najib Razak over misuse of billions of dollars by the largest state-owned fund.

Sat, 14 Oct 2017 17:24:40 GMT

GDP growth in Russia exceeds expectations

The Russian economy grew more than 2% in the third quarter of 2017, the Economy Minister Maxim Oreshkin says.

Sat, 14 Oct 2017 16:35:41 GMT

Syrian YPG: Islamic State faces Raqqa defeat

The Islamic State faces imminent defeat in Raqqa, Syrian Kurdish YPG militia says.

Sat, 14 Oct 2017 16:34:32 GMT

Car bomb blasts kill 22 in Somalia

Two car bomb blasts killed at least 22 people in Somalia's capital Mogadishu on Saturday, police data shows.

Sat, 14 Oct 2017 15:02:23 GMT

22 Somalians dead amid car explosion

Not less than 22 casualties were reported after two cars loaded with explosives detonated in Somalia's capital Mogadishu.

Sat, 14 Oct 2017 15:02:10 GMT

Russia to restructure Venezuela's debt

According to the RIA news agency, the Russian government has reached a preliminary agreement with Venezuelan authorities on restructuring its debt to Kremlin.

Sat, 14 Oct 2017 14:12:41 GMT

Russian Senator to hold talks with North and South Korean officials

Valentina Matviyenko, the Chairwoman of Russia's Federation Council, will have a meeting with North and South Korean top parliamentarians to ask them to establish a direct channel of communication, the TASS news agency reported on Saturday.

Sat, 14 Oct 2017 14:02:39 GMT

Car bomb detonates in Mogadishu

According to Somalia's police officer Mohamed Hussein, a powerful truck bomb exploded in the centre of Mogadishu. The number of casualties has not been determined yet.

Sat, 14 Oct 2017 13:30:27 GMT

Spain to take control of Catalonia

The Spanish government stated on Saturday that it would take control of Catalonia in case the regional leader would reply ambiguously on Spain's question about independence declaration.

Sat, 14 Oct 2017 13:15:24 GMT

Seven die after gunmen attack Kenyan school

Seven people, including six children, were shot dead by a gunman in a raid on a high school on early Saturday that most probably was a revenge attack, a Kenya police official reported.

Sat, 14 Oct 2017 12:14:49 GMT

At least four die in plane crash in Ivory Coast

At least four people died in a plane crash in Ivory Coast near Abidjan on Saturday, while six others were injured, the police reported. 

Sat, 14 Oct 2017 12:09:18 GMT

North Korea threatens Guam with another supposed missile attack

Once again, North Korea had issued a new threat on Friday stating it would launch a ballistic missile toward the US Pacific territory of Guam, if Donald Trump continued his "provocations".

Sat, 14 Oct 2017 11:23:40 GMT

Turkish forces move into Syria

The Turkish army has confirmed on Friday that it deployed troops to Syria's Idlib province, in order to stop fighting and establish a de-escalation zone in the northwestern region.

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