Switzerland Will Begin Charging Banks To Park Their Money
December 18 2014 11:23 AM
For the first time in decades, Switzerland will charge commercial banks to park money.
Putin Accuses West Of Trying To Weaken Russia
December 18 2014 8:59 AM
Putin advocated for diversity in revenue sources while reducing dependency on oil to strengthen Russia's economy.
Russian Ruble Crisis Spreads To US
December 17 2014 4:48 PM
Even as the Russian ruble appeared to rebound after a sharp decline, the ripple effects of the crisis will be widespread.
What The Ruble Crisis Means For Africa
December 17 2014 2:19 PM
While Africa will likely be immune to Russia's economic problems, wider global trends could hurt them both.
Russia Begins Selling Reserves To Save Ruble
December 17 2014 7:23 AM
As the ruble is significantly undervalued, Russia has started selling its currency reserves to resolve the crisis.
To Boost Ruble, Russia May Be Forced To Spend Another $70B
December 17 2014 4:37 AM
Russia has so far spent about $80 billion -- a fifth of its international reserves -- in an unsuccessful move to stabilize the ruble.
Cheap Crude Oil Slams Currencies, Stocks
December 16 2014 2:23 PM
The most dramatic example is the Russian ruble, which hit a record low Tuesday, in part because of rising pressure on the oil-dependent economy.
Russia's Central Bank Calls Ruble Collapse 'Critical'
December 16 2014 10:57 AM
Currency traders hammered the ruble to a record low against the dollar, despite central bank action to halt the slide.
Ruble Plunges To 16-Year Low After Drastic Rate Hike
December 16 2014 1:18 AM
The hike is seen as a desperate move by Russia to rescue its economy from the dual impact of plunging oil prices and Western sanctions.
Britain To Set Up Independent Inquiry Into Air Traffic Failure
December 15 2014 2:54 AM
A technical failure at an air traffic control center in Britain caused widespread disruption to flights in and out of London last week.
Eyeing 2015 Election, Cameron Unveils New House-Buying Program
December 15 2014 1:37 AM
Conservatives are keen to show voters that the steady economic recovery they have presided over can, if sustained, lift living standards.
Marriage, Children, Pope Francis And The Global Economy
December 14 2014 10:14 AM
Could what Pope Francis calls the "culture of temporary" be driving a restructuring of the family unit and the economy?
WTO Talks On Duty Free Trade In IT Goods Collapse
December 13 2014 4:21 AM
The failure to update the IT agreement can delay and potentially scupper a deal estimated to be worth $1 trillion to global trade.
Move Over, Russian Tycoons
December 12 2014 8:34 AM
From London to Sydney, the Chinese are becoming the most sought-after luxury property investors. And the numbers are staggering.
Trillion Dollar IT Trade Deal On A Knife-Edge At The WTO
December 12 2014 12:44 AM
A trade official involved with the trade talks said a deal would be very unlikely because of a stand-off between South Korea and China.
UK Economy Set For Strong 2015, But Premature Rate Hike 'Huge Risk'
December 10 2014 3:35 AM
The British Chambers of Commerce trimmed its forecasts for economic growth in 2014 and the coming years.
WTO Reverses Much Of Ruling In Indian Challenge To US Steel Duties
December 09 2014 1:09 AM
The ruling was one of the most complicated appeals decisions ever handled by the 19-year-old trade watchdog.
UK Consumer Spending Rises As 'Black Friday' Crosses Atlantic
December 08 2014 12:03 AM
Visa's UK expenditure index showed household spending rose at its fastest annual rate since August.
ECB Loans Offer Clues In Guessing Game Over Quantitative Easing
December 07 2014 8:05 AM
The ECB forecasts the eurozone economy will grow just 1 percent in 2015, as opposed to the 1.6 percent it projected three months ago.
UK Permanent Hiring Slows To 18-Month Low, Recruiters Say
December 05 2014 6:34 AM
The rapid pace of job creation has slowed, but there's a bright spot. Starting salaries rose faster due to staff shortages in many sectors.