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Markets

‘US employs Trojan horse strategy with Cuba’
The US restoring diplomatic relations with Cuba is a Trojan horse strategy which is set to mask Washington’s intentions to re-colonize Cuba, tap into its market and return it to neo-colony status, says political analyst Daniel Shaw.

02.07.2015 13:15

​World Bank urges China to hasten reform of ‘distorted’ state-dominated financial sector
Beijing needs to quicken financial sector reform. The model of “the traditional investment-driven growth shaped by heavy state intervention” has started slipping, says the World Bank report. This could overshadow 30 years of “stellar performance”.

02.07.2015 07:38

​Greek debt crisis a threat to UK financial system – Bank of England
The Bank of England (BoE) has warned the Greek debt crisis is a threat to UK financial stability and could trigger wider problems on financial markets.

01.07.2015 12:08

Australian politicians slam TPP for ‘excessive secrecy’
Australian lawmakers have slammed the country’s deal-making process as one lacking transparency and oversight. They’ve particularly criticized the currently negotiated Trans-Pacific Partnership for its “excessive secrecy.”

30.06.2015 15:21

‘Support debt cancellation for Greece,’ MPs, economists & campaigners tell Cameron
MPs, trade unionists, economists and campaigners have called upon David Cameron to support debt cancellation for Greece, saying it could be funded by seizing capital from speculators and banks that were the true beneficiaries of Athens’ bailouts.

29.06.2015 09:25

‘Greece should go bankrupt, get it over & start it over’
Though there is a lot of noise concerning the Greek crisis and the Greek economy is likely going to collapse this week, three months from now no one will remember Greece going bankrupt, financial commentator Jim Rogers told RT.

29.06.2015 11:02

​China to become biggest outward investor in 5ys – research
China is expected to become the world’s biggest overseas investor by 2020. Beijing’s global offshore assets will likely triple from $6.4 trillion, to more than $20 trillion by then, says research reported in the Financial Times (FT).

26.06.2015 07:34

‘Fatally flawed’ Bank of England stress tests peddle myth of financial security – report
Bank of England (BoE) stress tests of Britain’s banking sector are “fatally flawed” and peddle the myth that the financial system is secure, a report by the Adam Smith Institute says.

18.06.2015 11:27

UK is 'biggest tax haven in EU,' says global tax expert
British Overseas Territories and Crown Dependencies make up almost 25 percent of the world’s tax havens blacklisted by the European Commission.

18.06.2015 12:20

​Russia cuts US debt holding by more than 40% over year
Russia held US Treasury bills worth $66.5 billion as of April this year, according to the latest monthly report from the US Treasury. That compares with the $116.4 billion held a year ago.

16.06.2015 07:00

​Saudi Arabia opens $590bn stock market to foreigners
Starting Monday Saudi Arabia is giving foreign investment institutions access to one of the world’s most-restricted stock markets in an effort to diversify its capital base, in a country which gets 90 percent of its revenue from oil.

15.06.2015 09:10

Russia’s biggest pancake maker to hit US by 2016 - Bloomberg
The largest chain of blini (pancake) vendors in Russia is opening a store in New York this fall as part of its international expansion. Teremok will become the first Russian fast-food chain in the US.

15.06.2015 07:32