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UK Recession: George Osborne's Big Push for Growth
Chancellor desperate to restore reputation and drag Britain out of recession orders big push from rail investment to Bank of England stimulus.
Shane Croucher Jul 16, 2012
IMF Cuts UK Growth Forecast Amid Global GDP Markdown
The International Monetary Fund says Britain's prospects have worsened significantly since its April forecast.
Martin Baccardax Jul 16, 2012
Egypt's President Mohammed Mursi in Mecca: First Foreign Visit to Saudi Arabia
Egyptian President Mohammed Morsi discussed diplomatic relations and economic ties on first foreign visit to Saudi Arabia.
Gianluca Mezzofiore Jul 13, 2012
Sudan: Forget Arab Spring, Hot Summer will Burn our Enemies, says President Omar al-Bashir
Sudan's President Bashir dismisses calls for an Arab Spring revolution in his troubled country.
Gianluca Mezzofiore Jul 12, 2012
European Scorecard: A Country-by-Country Guide Guide to the Debt Crisis
Outlining the politics, economics and finances of the key players in the Eurozone debt crisis
Martin Baccardax Jul 11, 2012
Year of the Dragon: China Breathes Fire into Market Liberalisation Plans
This year marks the most pivotal year for China, as its government takes several unprecedented steps towards a more liberalised currency and market.
Lianna Brinded Jul 11, 2012
Hackers Evolve to Target Our Information
As we store more information digitally, cyber criminals are evolving to leverage that data for financial gain.
David Gilbert Jul 10, 2012
IAG Board Member Resigns Amid Banking Scandal in Spain
British Airways-led group board member steps down to faces charges in Spanish court
Martin Baccardax Jul 10, 2012
China Steps Up Currency Liberalisation Plans After Shock Rate Cut
China is aggressively pushing forward with its currency liberalisation plans, after slashing its interest rate in the first time in less than a month
Lianna Brinded Jul 05, 2012
Bank of England Increases Quantitative Easing to £375bn, Holds Key Rate Steady
Mervyn King and the Bank of England's rate-setters will plough an extra £50bn into the economy through monetary stimulus, in another bid to pull the UK out of recession.
Shane Croucher Jul 05, 2012
George Osborne and UK Austerity: Why Gilt Yields Are Near Record Lows
Chancellor George Osborne says austerity is why gilt yields have hit record lows, but IBTimes UK explores the bigger reasons for Britain's low cost of borrowing.
Shane Croucher Jul 02, 2012
Dominique Strauss-Kahn and Wife Sue Closer Magazine over Separation Claim
Lawyers of former IMF chief DSK and art heiress Anne Sinclair take court action alleging invasion of privacy.
Ewan Palmer Jun 29, 2012
Greece Teeters on the Edge of Chaos Ahead of European Leaders' Summit
Arson, bomb threats and government departures underline plight of Europe's "Sick Man"
Martin Baccardax Jun 27, 2012
Basel Bank Chief Warns Stimulus Measures Could Create Further Problems
Bank of International Settlements (BIS) official warns that unconventional measures used to stimulate the economy could create problems in the future.
Lianna Brinded Jun 25, 2012
Greece Seeks Extension of Deadline on Austerity Drive
Coalition government releases policy document to ease strain on citizens who are already feeling pain of austerity measures.
Geetha Pillai Jun 24, 2012
Angela Merkel Agrees on Eurozone Growth Plan but Resists Eurobonds
Leaders of Germany, France, Italy and Spain meet in Rome to discuss ways to restore confidence in the eurozone ahead of a full EU summit from 28-29 June.
Geetha Pillai Jun 23, 2012
China, Brazil Etch $30bn Currency Swap Deal to Strengthen Economies
China and Brazil signed a series of economic and trade ties at the sidelines of Rio+20 sustainable development summit.
Geetha Pillai Jun 22, 2012
Investors Debate Size of Spain Bailout After First Independent Audit [VIDEO]
Market participants are still anticipating the final details on Spain's bailout amount and conditions, after independent auditors Roland Berger and Oliver Wyman say the country's banks need up to €62bn
Lianna Brinded Jun 22, 2012
European Crisis: Merkel Bends on Growth after Rome Meeting Pledges €130bn Boost
Bank downgrades come amid global review by Moody's as IMF says European crisis enters 'critical stage'.
Martin Baccardax Jun 22, 2012
Sudanese Police Use Tear Gas to Disperse Arab Spring-Style Protest against Austerity Measures [VIDEO]
Sudan police break up fifth day of protests against austerity measures, which led Khartoum state governor to fire staff.
Gianluca Mezzofiore Jun 21, 2012
Moody's: Brazil's Growing Domestic Market Helps Offset Eurozone Contagion [VIDEO]
Ratings agency says Brazil's diversification and growing domestic market are helping it mitigate the impact from Eurozone sovereign debt contagion
Lianna Brinded Jun 21, 2012
Greece Offered Alternative Bailout: Australian Offers to Buy Greece's Debt
Australia local offers to buy the troubled Eurozone out of debt through a crowdfunding campaign
Lianna Brinded Jun 20, 2012
Bank of England's Mervyn King Outvoted in Push for £50bn More QE - MPC Minutes
Latest minutes from the Bank of England's monetary policy committee reveal a close split on whether to inject more quantitative easing into the UK economy.
Shane Croucher Jun 20, 2012
Aer Lingus Shares Soar After Latest Ryanair Takeover Bid
Ryanair has made a move to take a 50 percent stake in Aer Lingus, despite having past attempts rejected by EU regulators on competition grounds
Shane Croucher Jun 20, 2012
Delayed Detailed Spain Bank Audit Increases Bailout Speculation
The full audit of Spanish banks being delayed until September raises fears that Spain will need more than its originally agreed IMF €100bn bailout.
Lianna Brinded Jun 19, 2012
Singapore Defies Global Gloom with Surging Economic Growth [VIDEO]
Ratings agency Moody's report on the triple-A rated Asian tiger highlights resilience of Singapore's economy
Lianna Brinded Jun 19, 2012
European Crisis: Markets Rise as Poor Data, Debt Sales Raise Hopes for Central Bank Help [VIDEO]
Spain €3bn short-term debt sale hits 5 percent yield as German investor sentiment falls the most since 1998
Martin Baccardax Jun 19, 2012
China Tops Brics' Contribution to IMF Firewall [VIDEO]
China pledges to provide $43bn (£27.4bn) to International Monetary Fund to boost its lending power.
Geetha Pillai Jun 19, 2012
Antonis Samaras Starts Talks to Form New Coalition Government in Greece
Lenders, such as IMF and EU nations Germany and Britain, exerting pressure for Greece to act swiftly on reforms in midst of widespread doubt.
Geetha Pillai Jun 19, 2012
G20 Draft Communique Presses for European Action on Crisis as IMF 'Firewall' Strengthened
G20 Draft Communique to boost IMF firewall, tackle the sovereign debt crisis and prevent further emerging market contagion.
Lianna Brinded Jun 18, 2012
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