News

Confidence among German investors nosedived in August amid tensions between Russia and the west which are expected to bring Europe′s largest economy to a standstill. The ZEW indicator of economic sentiment plunged more sharply than expected to ...

The World Bank welcomed a $100 billion development bank founded by the BRICS nations and is ready to provide it with technical assistance. The BRICS developing nations - Brazil, Russia, India, China and South Africa - announced ...

ALONE among its peers, the European Central Bank (ECB) has resisted quantitative easing (QE). That policy-creating money to buy financial assets-has been used at varying times by the central banks of America, Britain and Japan to ...