November 06, 2014

Poland Holds Main Rate in Surprise as Outlook Improves

Poland’s central bank left its main interest rate unchanged today, surprising analysts and suggesting its economic outlook has improved after last month’s bigger-than-expected reduction.

November 05, 2014

Euro crisis firms German power, 25 years after Berlin Wall

PARIS: "We beat the Germans twice and now they're back," then British prime minister Margaret Thatcher reportedly said after the Berlin Wall fell in 1989, expressing her fears a reunited Germany would grow to dominate Europe.

November 04, 2014

Hypocrisy: EU seeks aid from WTO for Russian sanctions that hurt their economy

The most important thing to remember about economic sanctions is that they are used by a nation against another to achieve political, not financial goals.

November 03, 2014

Russia’s Surprise Rate Increase Fails to Stem Ruble Drop

The ruble tumbled the most since 2011 after a larger-than-forecast increase of Russia’s key interest rate failed to ease concern that the economy will remain hobbled by sanctions and capital flight.

November 02, 2014

Euro zone inflation edges up to dim chance of new ECB action

(Reuters) - Inflation in the 18 countries sharing the euro edged up slightly in October, reinforcing the view that the European Central Bank will hold fire on any additional policy action at its meeting next week.