IMF's Lagarde seeks second term in shadow of court case
By Michel Rose and Andrew Callus PARIS/DAVOS, Switzerland (Reuters) - Christine Lagarde launched her campaign for a second term as managing director of the International Monetary Fund on Friday with...
View ArticleScandal-hit Japan minister weighs his position
Japan's economy minister, who has been accused of accepting bribes from a construction company, says he will make a decision on his future in the coming week. Japan's top central banker has sought to...
View ArticleAlberta minister concerned about Ottawa's cost-sharing formula for...
Alberta Infrastructure Minister Brian Mason is concerned about the federal government’s cost-sharing formula for infrastructure funding that is expected to be distributed by Ottawa in the spring. ......
View ArticleMr. BOUSSAID Mohamed, Minister of Economy and Finance at “the Club de...
(Source: Ministry of Economy and Finance of Morocco) 'The new growth drivers are in good working condition; the contribution of non-agricultural activities would amount to 3.7% this year and GDP will...
View ArticleYuan Drop Draining Cash Threatens to Cap Record China Bond Rally
The yuan’s tumble is threatening to upset China’s record bond rally, prompting funds managing more than $20 billion in fixed-income assets to become more cautious. The currency fell 5.6 percent in the...
View ArticleMinister praises £209m EU cross-border co-operation fund
A £209 million European Union (EU) fund has been launched aimed at improving cross-border co-operation between western Scotland, Northern Ireland and the border region of Ireland. The fund is open to...
View ArticleLagarde to run for 2nd IMF term
Christine Lagarde announced on Friday that she will run for a second term for the presidentship of the International Monetary Fund (IMF), after winning strong backing from across Europe. “Yes, I am...
View ArticleSberbank, VTB CEOs Damp Talk of Quick Share Sale as Economy Ails
The heads of Russia’s biggest lenders played down a call for stake sales to help narrow a second annual budget deficit this year as the economy slips deeper into recession. The sale of any stake in...
View ArticlePortugal Shifts Tax Burden to Sales Levies to Support Incomes
Portuguese Finance Minister Mario Centeno said Friday his government plans to increase revenue with higher taxes on consumption this year, to compensate for cutting income taxes. He also said interest...
View ArticlePress Release: IMF Statement on Suriname (IMF - International Monetary Fund)
(Source: IMF - International Monetary Fund) Press Release No. 16/22 January 22, 2016 Mr. Daniel Leigh, the International Monetary Fund's mission Chief for Suriname, issued the following statement...
View ArticleMinister for Finance welcomes nomination of Christine Lagarde for a second...
(Source: Department of Finance of Ireland) The Minister for Finance Mr. Michael Noonan TD, today (21st of January) welcomed the nomination of Madame Christine Lagarde for a second term as the Managing...
View ArticleArgentine finance minister says plans IMF reviews from this year
DAVOS, Switzerland, Jan 22 (Reuters) - Argentina's finance minister Alfonso Prat-Gay said on Friday he had met with the International Monetary Fund's head Christine Lagarde in Davos....
View ArticleRussia's ruble hits record low against US dollar
Russia’s national currency, the ruble, has hit a historic low against the US dollar as global prices of crude oil, which plays a key role in Russian economy, continue to plummet. On Wednesday, the...
View ArticleRussia’s Absence From PACE Not Sign of Cutting Ties With Council of Europe
Alexei Pushkov, the head of the Foreign Affairs Committee of the lower house of Russia's parliament said that Russia is still represented in the Committee of Ministers of the Council of Europe at an...
View ArticleUkraine Debt Deal With Russia Still Possible, Finance Chief Says
Ukraine may still reach an agreement with Russia on $3 billion of debt it defaulted on last month as talks mediated by Germany continue, Finance Minister Natalie Jaresko said. Officials from the two...
View ArticleOn cancelling qualification certificates (Central Bank of Russia)
(Source: Central Bank of Russia) On 21 January 2016, the Bank of Russia cancelled series AV-015 qualification certificate No. 000382 of qualification corresponding to the position of a financial market...
View ArticleNo Trigger Yet for Russia as Ruble Sinks to New Lows on Oil Rout
Bank of Russia Governor Elvira Nabiullina is leaving it to the market to imagine when a ruble collapse will pose a threat to financial stability and force policy makers into action. So far it hasn’t,...
View ArticleCautious Optimism for 2016 Global Economy (World Economic Forum)
(Source: World Economic Forum) Fon Mathuros, Head of Media, Public Engagement, Tel.: +41 (0)79 201 0211; Email: fmathuro@weforum.org · Despite a new year marked by volatility, global growth will be...
View ArticleRussia's Arctic LNG Competitive Despite Price Rout, Novatek Says
Russia’s Arctic Yamal LNG project will be able to compete with rivals in Australia and the U.S., even after energy prices plummeted to their lowest in more than a decade, according to its main owner....
View ArticlePromotion Announced in Chicago Fed’s Finance Division (Federal Reserve Bank...
(Source: Federal Reserve Bank of Chicago) CHICAGO -The Federal Reserve Bank of Chicago recently announced a promotion in the bank's Finance division. Craig Majdecki has been promoted to assistant vice...
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