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Crisis

​World Bank admits peak of Russia economic crisis over
The World Bank has agreed with President Vladimir Putin’s comment that Russia has successfully managed to overcome the worst of its current economic difficulties due to the government’s fiscal and monetary policy.

18.04.2015 12:36

​TTIP vs Democracy: London activists to resist controversial EU-US trade deal
Hundreds of political activists will gather in London on Saturday to protest a controversial EU-US trade agreement campaigners warn will enhance corporate power, and promote the privatization of vital public services.

17.04.2015 13:18

​Russia can withstand & take advantage of economic hardships – finance minister
Western sanctions have not succeeded in crippling the Russian economy, as careful monetary and fiscal adjustments helped stabilize and strengthen the national currency despite low oil prices, finance minister Anton Siluanov told RT.

17.04.2015 00:37

Greece will ‘compromise’ with creditors, but ‘not going to be compromised’
Greece is determined to stay in the eurozone, but signing an existing deal with its creditors won’t help to solve problems, said the country’s finance minister. Athens owes the IMF some €1bn by next month, and skipping a payment would be unprecedented.

16.04.2015 22:59

The winners & losers of cheap oil – Bloomberg research
The dramatic 50 percent decline in oil prices which started last summer had a relatively small impact on the global economy with 0.7 percent GDP growth worldwide, the IMF estimates. However, cheap oil has affected major economies differently.

16.04.2015 09:16

The ‘too difficult’ box: Britain’s pre-election charades sidestep all the key questions
Is it laziness? Ignorance? Or have Britain’s political parties and the London media conspired to turn Britain's 2015 general election into a dreary series of rehearsed arguments?

15.04.2015 13:40

Russia to turn to courts if Ukraine fails to pay $3bn debt in time - Siluanov
Russia will go to arbitration court if Ukraine fails to repay its $3 billion debt by the end of the year, Russian Finance Minister Anton Siluanov has said.

15.04.2015 08:33

Greece isn’t preparing default - Tsipras dispels rumor
Greece isn’t planning a debt default, contrary to reports in the Financial Times, says Prime Minister Alexis Tsipras.

14.04.2015 07:29

Juice Rap News: The EuroDiVision Contest
We've all heard of EuroVision. But there's another song that’s being sung across Europe - the peoples' chants of protest against Europe's austerity measures.

12.04.2015 11:51

Ukraine’s dilemma: Creditors refuse to write off $10bn debt
A committee of Ukraine’s private creditors that hold about $10 billion in Ukrainian bonds is against any write-downs in its debt-restructuring deal. The bondholders’ terms jeopardize Ukraine’s bailout package from the IMF.

10.04.2015 07:14

​Welfare cuts, benefit sanctions causing hunger, food insecurity – Oxford study
Harsh austerity measures including slashed welfare payments and dwindling public services have caused the rapid spread of food banks across Britain, new academic research suggests.

09.04.2015 11:06

​‘Greece is independent state & wants good relations with any country’ – Greek minister
Some Europeans have forgotten Greece is an independent state, which may seek good relations with other countries, said George Katrougalos, Greece's Minister for Administrative Reforms, commenting on criticism within the EU of PM Tsipras’ visit to Moscow.

09.04.2015 10:33