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ECB Keep Rates On Hold As Europe Eyes Recovery
The European Central Bank on Thursday voted to leave borrowing costs in the euro area unchanged at 0.5 percent, while ECB chief Mario Draghi suggested that interest rates could...
Uruguay Votes To Legalise Marijuana Sales
Uruguay’s lower House of Representative on Wednesday voted to approve a controversial bill which would – for the first time – put a government in charge of the production,...
US Economy Grows Faster Than Expected At 1.7% In Q2
The U.S. economy grew at an annualised pace of 1.7 percent in the second quarter of the year, beating analysts’ expectations and raising the likelihood that the U.S. Federal...
Infographic: Does It Pay To Have An Education?
A college education is typically seen a valuable and necessary investment for young adults, but does it pay to have a degree in the new economy? With unemployment among...
Greece To Receive $2.3bn IMF Bailout Payment
The International Monetary Fund on Monday approved a further 1.7 billion euros ($2.3 billion) in aid payments to Greece after completing a review of the country’s finances, but warned...
China Opens Pipeline To Import Gas From Myanmar
China has started importing natural gas from Myanmar, a historic milestone as the world’s largest energy consumer continues to diversify its energy supply routes. While the pipelines are expected...
Emerging Europe On Track For Next Growth Curve
The worst is likely over for Europe after a prolonged five-year economic contraction and analysts say emerging markets in Central and Eastern Europe could be on the verge of...
China Plans Nationwide Audit Of Government Debt
China has ordered an urgent nationwide audit of all government debt, underlining fears that heavy borrowing by local governments might pose a broader systemic threat to the world’s second...
Key Economic News To Watch This Week: July 29
This week: The U.S. FOMC chairs a two-day policy meeting; Greece implements a temporary tax cut on food and services to boost consumption levels; EU embargo against the supply...
IMF Urges Greater Effort To End Eurozone Crisis
The International Monetary Fund on Thursday warned that eurozone recovery remains highly elusive and called on its governments to do more to end the region’s crisis, adding that further...


