Keep up with the news by installing RT’s extension for . Never miss a story with this clean and simple app that delivers the latest headlines to you.

 

Interest Rates

Forex rigging probe: US prosecutors to grill London traders
US prosecutors are set to travel to London in the forthcoming weeks to probe City traders about currency market manipulation. However, British prosecutors are yet to file a criminal charge against UK financiers who rigged the rates.

25.11.2014 12:34

​Young Brits to work longer than grandparents, earn less than parents
The generation currently entering employment can expect to do more jobs and be paid less than previous generations, new figures show.

14.11.2014 15:08

​‘Jail rogue City traders’: Banks fined £2.6bn for market rigging
UK traders face the prospect of prosecution for fraudulently rigging £3.5 trillion-a-day foreign exchange markets. Following a comprehensive probe, RBS, HSBC, JPMorgan Chase, UBS and Citibank have been fined a total of £2.6 billion.

13.11.2014 09:24

ECB hints at US-style 'easy money' stimulus but doesn't pull switch
The European Central Bank has agreed to use “unconventional” monetary stimulus to boost eurozone recovery but so far hasn’t announced any radical monetary policy change. The bank also kept the benchmark interest rate unchanged at 0.05 percent

06.11.2014 12:23

Rampant financial crime in City of London eroding public trust - BoE
A top Bank of England (BoE) official warns widespread financial crime in the City of London is eroding public trust. The BoE’s criticism surfaced as it launched a review to tackle market manipulation.

28.10.2014 19:08

​S&P keeps Russia’s rating steady
Standard& Poor’s rating agency has held Russia’s sovereign rating steady at BBB- dismissing concerns of a possible downgrade to junk status and admitting Russia’s debt is “moderate” compared to most of the other major world economies.

24.10.2014 22:58

​London banker pleads guilty to fixing Libor, faces up to 10 yrs in jail
A senior London banker has become the first person to be prosecuted for fixing the London interbank offered rate (Libor), a scandal that resulted in billions worth of losses for savers as banks fraudulently boosted their profits.

07.10.2014 13:18

​IMF throws Ukraine $1.4bn lifeline
The International Monetary Fund has given a green light for Ukraine to receive the second tranche of financial assistance totalling $1.39 billion, meaning more austerity measures for the already struggling economy.

30.08.2014 01:32

Russian economy grows 0.8%, avoids technical recession
Russia's gross domestic product (GDP) increased by 0.8 percent between April and June, compared to the same period last year, according to a preliminary estimate by Russian statistics bureau Rosstat.

11.08.2014 17:58

Lloyds in 'late stage' of Libor settlement talks, victims remain unaddressed
Lloyds Banking Group (LBG) is nearing a settlement with US and UK regulators for its alleged role in the manipulation of Libor rates – the major interest rate benchmark that determines the cost of up to $350 trillion worth of global financial products.

25.07.2014 16:04

1.1 million UK households could be in ‘debt peril’ by 2018
A modest increase in interest rates could render almost 25 percent of UK households in severe financial stress, according to a report published on Thursday. The Bank of England (BOE) has confirmed that such rate hikes are imminent.

24.07.2014 16:31

UK unemployment down, but wages fall behind inflation
A steady growth in the UK jobs market has not yet translated into a lower cost of living, while wages are failing to keep pace with prices, new figures indicate.

14.07.2014 10:42