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Germany’s RWE Starts Pumping Natural Gas To Ukraine
A German utility company has begun supplying natural gas to Ukraine under a contract signed two years ago, reported the Wall Street Journal, bringing hopes that Ukraine can reduce...
Bitcoin ATM Debuts In China In Spite Of Government Crackdown
BTC China, one of the country's leading bitcoin exchanges, has installed China's first bitcoin ATM in Shanghai, defying recent government efforts to prohibit widespread usage of the digital currency,...
US Warns China On Yuan Intervention, Declines To Name It A “Currency Manipulator”
The U.S. Treasury on Tuesday criticised China for resuming intervention-esque efforts to control the value of the yuan, but stopped short once again of labeling the country as a...
Russia’s Finance Minister Warns Of Zero GDP Growth This Year
The Russian economy may not see any growth in 2014, admitted Finance Minister Anton Siluanov, as capital flight accelerates in the wake of the Ukrainian standoff. Speaking at a...
US Government Deficit To Shrink By 27 Percent In 2014: Report
The U.S.’s annual deficit is expected to fall by nearly $188 billion – from $680 billion in 2013 to $492 billion – this year, according to the Congressional Budget...
Germany Shuts Job Scheme For Unemployed Europeans Due To Over-Demand
Germany, Europe’s top economy, on Monday announced that it could no longer accept applicants for its “Job Of My Life” programme – a scheme created last year giving vocational...
Chile To Crack Down On Tax-Avoiding Grocery Shoppers
Chile’s government is introducing new regulations that will prevent the wealthy from writing off groceries as a corporate expense, reported Bloomberg on Monday. The month-old administration of President Michelle...
Global Military Spending Fall, Despite Sharp Increases In The East
Worldwide military expenditure fell by 1.9 percent to $1.75 trillion last year, according to the Stockholm International Peace Research Institute (SIPRI), mainly due to large decreases in spending in...
Chinese Banks To Shut Down Accounts Of Bitcoin Exchanges
Prices for bitcoins fell sharply on Thursday after China’s Central Bank ordered domestic financial institutions to close down the accounts of all local bitcoin exchanges by April 15. On...
Greece Returns To Bond Markets After Four-Year Exile
The long-troubled Greek economy successfully returned to international bond markets on Thursday, raising 3 billion euros ($4.2 billion) from bond issues, with nearly 90 percent of the sum coming...


