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12:43, 20 October 2014 Monday
Economy

16:29, 17 October 2014 Friday
WFP Food prices up 24 percent in Ebola-hit countries

The food-producing regions of Guinea, Sierra Leone and Liberia in West Africa have been severely affected by the worst outbreak on record of the viral haemorrhagic fever

14:43, 17 October 2014 Friday
Low oil prices to effect Iran more than sanctions

Fall in crude oil prices will effect Iran's oil industry more than Western sanctions

14:04, 17 October 2014 Friday
Indonesia's new president plans steep fuel price rises

Widodo currently plans to raise the price of both gasoline and diesel by 3,000 rupiah ($0.25) per litre by November, the advisor said.

12:45, 17 October 2014 Friday
Africa is of top priority for Europe -officials

Mario Pezzini and Romano Prodi jointly emphasized that Africa should be of priority for European Union’s future development policies.

17:49, 16 October 2014 Thursday
EU to intervene if Russian gas flows cut off

Analysts say that some form of disruption of Russian flows to the EU is likely this winter

14:59, 16 October 2014 Thursday
Chrysler recalls more than 900 000 vehicles globally

Chrysler is recalling about 470,000 cars and SUVs globally from model years 2011 through 2014 and equipped with a 3.6 liter engine and a 160 amp alternator

14:31, 16 October 2014 Thursday
Anxiety grows as oil sinks to four-year low below 83

Oil prices continue to slide with surging production and weakening economic news. Venezuela has called for an emergency meeting of OPEC

13:46, 16 October 2014 Thursday
Majority of Russians say sanctions will help economy

Only one in four Russians said the measures would be harmful to the economy. About one in four of those polled also said sanctions could pose serious problems for them or their families

17:48, 15 October 2014 Wednesday
S Africa's Zuma outlines oil exploration plans

Zuma said the government wanted 30 exploration wells drilled in the next 10 years.

13:30, 15 October 2014 Wednesday
Republica Srpska out Bosnia energy reforms on the way

Bosnia and Herzegovina need to handle energy reforms at state level to implement EU's Third Energy Package

12:53, 15 October 2014 Wednesday
East African states agree duty-free trade deal with EU

The five countries' horticulture exports will again be exempted from EU customs duty once the new deal comes into force.

10:02, 15 October 2014 Wednesday
Italy and China sign business deals worth 10 bln

Renzi's government has been keen to woo cash-rich buyers from China

09:42, 15 October 2014 Wednesday

South Africa's mines minister said he was considering declaring certain minerals such as coal and iron ore as "strategic" for the country.

09:30, 15 October 2014 Wednesday
Moroccan unions call national strike

The North African kingdom is under pressure from international lenders to cut public spending -- and reform its subsidy and pension systems -- to mend state finances.

22:10, 14 October 2014 Tuesday
Kenya cuts pump prices across the board

Fuel prices have a big effect on inflation in the east African nation, which relies heavily on diesel for transport, power generation and agriculture

17:02, 14 October 2014 Tuesday
Oil price falls Saudi-Iranian race speeds up -UPDATED

Low oil prices favor Saudi Arabia against Iran in world oil market

09:05, 14 October 2014 Tuesday
Ukraine must repay debt before buying gas Russia

Russian Energy Minister rejects Kiev's offer to purchase energy supplies with a downpayment

15:38, 13 October 2014 Monday
Russia signs deals with China to help weather sanctions

The two countries also finalised an agreement on a local currency swap worth 150 billion yuan ($25 billion), allowing them to increase trade in domestic currencies



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