The IMF should be realistic when considering a deficit target for Hungary for 2011, ruling Fidesz party vice chairman Lajos Kosa has told public television m1. When asked in an interview whether lende...
But reforming labour markets, one obvious way to help narrow the gap with other emerging economies, will not be easy given the political clout of a union movement that was instrumental in bringing an ...
The South American nation, which saw exports rise 25 percent year-on-year in May, responded to the global financial crisis by limiting imports of shoes, fresh fruit and other goods that it also produc...
Asia’s largest sovereign issuer of offshore bonds may post its second successive record budget deficit this year, and the key factor that will determine how markets react to the election result will...
A 44-week streak of inflows to funds investing in emerging and frontier equities in Africa has ended while inflows to South Africa have risen, fund tracker EPFR Global said. EPFR Global had recorded n...
Moody’s has downgraded Ireland’s sovereign bond rating by one notch to Aa2, citing weaker growth prospects and the high costs of rebuilding the country’s crisis-hit banking system. The rating ag...
Agricultural Bank of China’s $19.3bn IPO crossed the finish line on July 16 after a hectic three-month sprint, notching up modest gains in its Hong Kong debut amid concerns about valuations and glut...
The tarnished Alan GreenspanArchitect of the now much-derided “Greenspan put”, he protected the US economy from the collapse of the dotcom stock market bubble by dropping official interest rates...
Russia and Germany have pledged to strengthen economic ties as Russian President Dmitry Medvedev called Europe’s largest economy Moscow’s “key partner” for the future. German Chancellor Angela...
Ukraine, bowing to pressure from the IMF ahead of a new loan deal, will take the painful step of raising gas prices for households from August, the government has announced. Prime Minister Mykola Azar...