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.

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.

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.

Spain’s economic recovery gathers momentum

Spain’s economic recovery gathered momentum between July and September, with growth for a fifth consecutive quarter. The economy grew by 0.5% in the third quarter, according to the country’s statistics office.

France vows 20 million euros for fight against Ebola

PARIS: France on Tuesday said it was pledging 20 million euros ($25.4 million) in the fight against Ebola in west Africa, including the opening of several care centres in Guinea.