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7 Nov 16
The Turkish lira’s value plummeted to record lows on Friday amid a renewed crackdown on the country’s main pro-Kurdish party.
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7 Nov 16
Greek prime minister Alexis Tsipras has purged his government of leftist ministers resistant to the unpopular reforms demanded by the country’s creditors.
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4 Nov 16
The landmark climate change pact agreed between almost 200 countries in Paris last December came into force today, putting into place legally binding limits on global warming for the first time.
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4 Nov 16
India has set the rates for a goods and services tax system that could see a single market in the country for the first time since it achieved independence.
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4 Nov 16
Sudan has raised fuel prices by around 30% as a severe shortage of foreign currency adds to a growing economic crisis in the country.
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4 Nov 16
New laws currently under consideration in the UK could eliminate the country's role in global corruption as a hotbed of ill-gotten cash and assets, experts have told PF International.
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3 Nov 16
Egypt has liberalised its exchange rate and devalued its currency by almost 50% in a bid to secure a $12bn International Monetary Fund loan to rescue the country from economy from crisis.
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3 Nov 16
Developing countries must ensure the benefits of growth and change are shared with their citizens, or risk losing support to populist figures that can reverse progress, a European development bank...
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3 Nov 16
The African Development Bank has approved a $600m loan in a bid to plug Nigeria’s gaping $7bn budget deficit.
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2 Nov 16
The global economy is to grow at its slowest annual rate in 2016 since the recession in 2009, according to the UK’s National Institute of Economic and Social Research.
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1 Nov 16
Saudi Arabia’s veteran finance minister Ibrahim al-Assaf has been sacked by the country’s King Salman after 20 years in the post.
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31 Oct 16
Mozambique’s bondholders have told the country its hopes to renegotiate its debts by the end of the year are “unrealistic”, according to the Financial Times.
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31 Oct 16
South Africa’s chief prosecutor has dropped fraud charges against the country’s finance minister Pravin Gordhan.
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31 Oct 16
The European Union and Canada have signed a long-delayed trade deal after all EU member states managed to reach consensus on the controversial and widely opposed agreement.
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27 Oct 16
The United Nations has called for action to tackle what it called the mounting sovereign debt crises in many developing countries, which put achievement of the 2030 Sustainable Development Goals at...
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25 Oct 16
Pakistan must “forcefully address” further economic reforms to drive higher living standards, International Monetary Fund managing director Christine Lagarde has said.
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24 Oct 16
The fall in the value of the pound has created a hole in the EU’s budget for next year, according to the chief negotiator from the European Parliament.
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21 Oct 16
Luxembourg has launched a climate finance platform in collaboration with the European Investment Bank to mobilise funding for projects that will help manage climate risks, it was announced yesterday.
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21 Oct 16
The size of Germany’s large current account surplus is a threat to the eurozone economy and the country should consider increasing public investment, according to a survey of economists.
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19 Oct 16
Around 119 million people or 23.7% of the population of the European Union are at risk of poverty or social exclusion, official figures have shown.
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18 Oct 16
Greater global cooperation through carbon trading could reduce the cost of climate change mitigation by 32% by 2030, according to a World Bank report.
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14 Oct 16
Governments across the world have been urged to consider new ways to provide public services, housing and transport in cities following a review that found they have higher rates of inequality than...
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14 Oct 16
Natural disasters pose the greatest risk to cities in an increasingly urbanised world, and could cost $314bn worldwide each year by 2030, the World Bank has warned.
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12 Oct 16
Governments everywhere should tax sugary drinks in order to reduce the 11 million deaths every year linked to unhealthy diets, the World Health Organisation has said.
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12 Oct 16
South African finance minister Pravin Gordhan has been summoned to court on fraud charges, sending the rand into a tailspin and sparking fresh unease around the political situation in Africa’s most...