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Sunday, September 24, 2017
European Central Bank (ECB) head Mario Draghi said the euro currency is “an island of stability” even though growth in the eurozone is slow and unemployment is still rampant. The eurozone is on a path of “modest recovery” Draghi said on Thursday...
Ukraine has missed its payment deadline for gas supplies. As its debt is increasing, Gazprom does not rule out it may cut gas supplies to the country, the Russian energy giant’s head Aleksey Miller has said. “Today, March 7, is...
Barclays is to end its 120-year audit relationship with PricewaterhouseCoopers (PwC) and appoint one of its main rivals in the latest shake-up at the embattled bank. Sky News can reveal that Barclays, which faces a bruising showdown with investors at...
While the comments by Russian presidential advisor, Sergei Glazyev, came before Putin's detente press conference early this morning, they did flash a red light of warning as to what Russian response may be should the west indeed proceed with...
Britain’s tax authority is to stop charging value-added tax (VAT) on Bitcoin transactions. It's just a couple of days after one of the world’s biggest exchanges Mt. Gox collapsed, which has added to growing worldwide skepticism about the currency. In...
  The Chinese yuan can overtake the dollar as the leading international reserve currency, a new poll of institutional investors indicates. The authors of the survey, conducted by the Economist Intelligence Unit and commissioned by State Street financial services, polled 200 senior...
Fast food chain McDonald’s has a bit of a tissue issue on its hands. TMZ reports that Webester Lucas is suing the company for $1.5 million (€1 million) following a dispute over napkins in a California restaurant. Lucas claims he ordered a...
Even by the acute standards of Euro-buffoonery, a new report beggars belief as the EU seeks to offend nobody but, as always, ends up running from reality. The terrifying point about EU policy is how often some tiny kernel of...
Protests in Kiev are spooking investors, and the latest is Bank of Cyprus, which plans on selling its loss making Ukrainian subsidiary Alfa Group Ukraine Limited for 225 million euro by the end of March. The Chairman of Bank of...
A second-wave of revolution, a missing President, and a treasury that is nearly empty, Ukraine is on the brink of bankruptcy. Kiev’s finance minister said it needs $35 billion in aid by the end of 2015. Acting Finance Minister Yuriy...

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