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06:05, 26 November 2014 Wednesday
Economy

16:24, 24 November 2014 Monday
Mozambique seeks help for country's renewable energy

Deputy Energy Minister Jaime Himende said that "Mozambique has great hydroelectricity potential, and recently they have taken some bold steps to use renewable resources efficiently"

13:53, 24 November 2014 Monday
U S seeks to step up India trade talks

Obama, who hosted Modi in Washington in September, will in January become the first U.S. president to visit India twice, completing a remarkable warming in the relationship

12:29, 24 November 2014 Monday
Russia puts losses from sanctions cheaper oil at up to

The combined damage inflicted on Russia's economy by Western sanctions and falling oil prices totals about $140 billion.

14:28, 22 November 2014 Saturday
Egypt to hold economic conference on March 13

PM Mahlab said that Egypt eyes sustainable growth to improve the living conditions of Egyptians, noting that the Egyptian economy is currently recovering.

09:14, 22 November 2014 Saturday
Economist Piketty wants wealth tax in Turkey and elsewhere

The French economist calls for redistribution of global wealth, which he says is too concentrated in the hands of the few.

17:34, 21 November 2014 Friday
China's Central Bank cuts rates in surprise move

Bank cites high financing costs and financing difficulties as challenges that need to be addressed to sustain growth.

14:45, 20 November 2014 Thursday
Tanzania's wasted Tanzanite

Smuggling is denying Tanzania some 80 percent of receipts accrued from the precious gemstone

09:27, 20 November 2014 Thursday
Egypt expects new African trade bloc in December

The Africa initiative will create "one huge free-trade union" allowing foreign investors in Egypt to more easily reach 260 million consumers from South Africa to Ethiopia.

14:54, 19 November 2014 Wednesday
Hungary says South Stream only way to ensure gas supply

Budapest says the collapse of the rival Western-backed Nabucco project to bring gas from Azerbaijan to Europe, and stalled plans to build inter-connector pipelines within eastern Europe, have left it with no alternative.

10:33, 19 November 2014 Wednesday
Saudi oil policy uncertainty unleashes the conspiracy theorists

In Russia, the idea of a Saudi-U.S. plot against Moscow has become common currency as the economy struggles under the effects of low oil prices and Western sanctions imposed

16:55, 18 November 2014 Tuesday
Russian gas monopoly in Lithuania is over President

Lithuania's new LNG terminal represents an end to Russia's gas monopoly in Lithuania, says Lithuania's president

15:45, 18 November 2014 Tuesday
Iraq says ISIL stole 1 mln tonnes of grain took

The minister said the militants considered the eastern Syrian cities "safe for them" and thus transferred wheat and barley in Nineveh "to preserve it".

14:54, 18 November 2014 Tuesday
Low oil prices to punish Iran and Russia

Decreasing oil prices are intended to pressurize and punish Iran and Russia: Int. Financial Markets expert says

14:51, 18 November 2014 Tuesday
Indonesians worried as fuel subsidy is cut

Prices rise 30 percent as new president's deeply unpopular subsidy cut takes effect.

14:22, 18 November 2014 Tuesday
Japan PM to seek fresh mandate for quot Abenomics quot

Japan's prime minister is to turn to the polls to see if his decision not to hike taxes can gain electoral support.

14:04, 17 November 2014 Monday
New Zealand S Korea strike free trade deal

The agreement between the two countries, which trade around $3.2 billion in goods each year, will enable New Zealand to better compete with other countries in its sixth-largest export market.

11:58, 17 November 2014 Monday
G20's Australian promises await test of time

G20 summit in Brisbane produced 800 commitments after two days of talks

10:26, 17 November 2014 Monday
Australia China agree landmark free trade deal

The agreement gives Australian dairy farmers tariff-free access within four years to China's lucrative infant formula market, minus any of the "safeguard" caps that currently restrict competitors from New Zealand.



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