Posts Tagged ‘country’

Record hydropower generation by Himachal plant

The country’s biggest hydropower plant in Himachal Pradesh has marked a record in power generation in the last fiscal, an official statement said here Saturday. View full post on All Stories

Bulgarian PM Lashes Out at Econ Min to Defend Oil Company

Bulgarian PM Boyko Borisov has severely castigated Minister of Economy and Energy Traicho Traikov for issuing critical comments on the price-formation of oil company Lukoil in Bulgaria. In the past few days, Traikov has stated that he has doubts about the prices of Lukoil, in particular that he is suspecting that an excessive pumping of [...]

U.S., other industrialized nations to join in currency intervention to help yen

Major industrialized nations will combine in a rare coordinated currency intervention to keep the Japanese yen from rising too sharply in value in the wake of the country’s recent natural disaster, a sign of the deep global concern about the health of the world’s third largest economy. View full post on All Stories

Gov’t to Focus On Trade Deficit, Unemployment

Kigali – The Government will direct more efforts towards reducing the trade deficit the country is facing as well as tackling unemployment. The two were identified as the biggest and most urgent … View full post on All Stories

Egypt military warn against ‘illegal’ strikes

Egypt’s ruling military council said it would not allow the continuation of “illegal” strikes and protests that have disrupted the country’s economy. View full post on All Stories

Spain’s Battle against the Clock: Madrid Is Saving to Save the Euro, But Will It Be Enough?

Spain’s economy has hit bottom, with unemployment soaring past 20 percent, as speculators bet the country will require an EU bailout. Prime Minister José Luis Rodriguez Zapatero is undertaking mass austerity measures and he has been praised for his action by German Chancellor Angela Merkel. The stakes are high: If Spain goes bust, the euro [...]

India hikes rates again to combat inflation

MUMBAI: India’s central bank on Tuesday hiked interest rates by 25 basis points, its seventh increase in less than 12 months in a bid to tame rising inflation as the country’s economy booms. View full post on All Stories

Japanese economy buoyed by production figures

Japan’s industrial production rose in November for the first time in six months, easing worries that the country’s recovery might veer off track. View full post on All Stories

Treasury official under fire for remarks on Russian immigration

Dr. Avi Simhon: It is in general hard to doubt the huge contribution of this immigration to the country, its strength, security, economy, and culture. View full post on All Stories

The dollar halts its rise and drop for the first time this week

The dollar fell Wednesday, after rising for the past three-trading sessions affected by the release of UK data regarding the country’s growth rates along with BoE’s Minutes report that showed a three-way split among regulators for the third consecutive month.British economy grew at 0.7% during the t. View full post on All Stories

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