Eurozone

Breaking News about Eurozone:

ECB leaves interest rates unchanged

Source: Business Balla   |   Jun 7 2013, 12:00am CDT

ECB leaves interest rates unchanged
Frankfurt, June 7 (IANS/EFE) The European Central Bank Thursday left its benchmark interest rate at the record low level of 0.50 percent in an effort to boost economic growth in the Eurozone.
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Budget: Lots of caution and speed bumps ahead

Source: Daily Monitor   |   Jun 19 2013, 6:06pm CDT

The Finance minister’s annual ritual of reading the Budget speech passed off without any hiccups considering the steady stream of bad news that has struck the office in the last one year. In 2013, after years of paying lip-service, majo ...

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NRI lawyer wins Iran bank case in British Supreme Court (With Image)
NRI lawyer wins Iran bank case in British Supreme Court (With Image)
London/Mumbai, June 19 (IANS) Mumbai-born Parsi lawyer Sarosh Zaiwala Wednesday notched a remarkable success in a bank case in the British Supreme Court, with major ramifications on the international banking system, an official said.
 
Over 8,000 held for food crimes in China
Over 8,000 held for food crimes in China
Beijing, June 19 (IANS) More than 8,200 people have been arrested in China since a crackdown on food safety crimes was launched in January, authorities said Wednesday.
 
Bharti Airtel to invest $125 mn in Gabon
Bharti Airtel to invest $125 mn in Gabon
Libreville (Gabon), June 19 (IANS) India's Bharti Airtel will invest $125 million more in Gabon to develop the communications network in the central African country.
 
 

Asians tipped to win wealth race with North America

Source: Asian Investor  |   Jun 19 2013, 6:06pm CDT

Asian high-net-worth individuals will overtake their North American counterparts within three years, both in terms of population and wealth, finds a survey by RBC Wealth Management and consultancy Capgemini. Asian ...

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The Troubled Global Landscape: Implications for Turkey

Source: Brookings Institution  |   Jun 19 2013, 5:00pm CDT

Editor's Note: On June 7-8, 2013, Lex Rieffel spoke at "Rethinking Global Challenges: Constructing a Common Future for Turkey and the EU," an event hosted by Egemen Bagis, Turkish Minister for EU Affairs and Chief Negot ...

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Two Plays on Politics and Frivolity in Europe

Source: LA Weekly  |   Jun 19 2013, 4:42pm CDT

How many theater companies does it take to screw in a lightbulb? Chilean writer-director Guillermo Calderón's Neva, which just closed after playing its scheduled one week in a Kirk Douglas Theatre rehearsal hall a ...

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ALEX BRUMMER: Sir Mervyn King heads back to the stands with warning against rapid rise in interest rates

Source: Daily Mail - UK  |   Jun 19 2013, 4:39pm CDT

Departing: Sir Mervin King will hand over the Bank of England reins to successor Mark Carney on July 1 Sir Mervyn King's long goodbye came to a climax in the splendour of Mansion House on Wednesday night. The evening was a subdued affair, a ...

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IMF says Ireland may exit bailout this year

Source: RTE Interactive  |   Jun 19 2013, 4:29pm CDT

Craig Beaumont (right) said he did not expect a need for capital injections after stress tests next year Ireland has a good chance of exiting its bailout this year, the International Monetary Fund said this afternoon. It would be ...

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EU rejects Cypriot leader's plea for more bank aid

Source: Guardian Unlimited  |   Jun 19 2013, 4:24pm CDT

Cyprus has pledged to stick with the terms of its €10bn (£8.6bn) bailout after EU officials signalled they would reject an appeal from the country's president, Nicos Anastasiades, for additional help. Three months after accepting a deal with internationa ...

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