Venezuela oil output declines on account of power crisis
Jun 21, 2016 08:54 am UTC| Commentary Economy
Venezuelas oil production has declined in May, following the spillover effectof electricity crisis. Given the consecutive decreases in recent months, steepening of decline rate remains a worrisome trend. The lack of output...
Germany’s top court rules in favor of OMT
Jun 21, 2016 08:54 am UTC| Commentary
Germanys constitutional court has ruled in favor of European Central Banks (ECB) most effective tool Outright Monetary Transactions (OMT). The tool was introduced at the heights of European sovereign debt crisis by ECB...
Mexico’s headline inflation likely to have accelerated in mid-June
Jun 21, 2016 08:45 am UTC| Commentary Economy
Mexicos headline inflation is likely to have accelerated in mid-June. As the Mexcian peso continues to be under pressure because of several external factors, inflation is seen accelerating throughout 2016. Inflation rate...
Indian bonds gain on easing Brexit worries
Jun 21, 2016 08:29 am UTC| Commentary
The Indian government bonds gained Tuesday as Brexit fears started to fade, boosting global risk sentiments. The yield on the benchmark 10-year note, which moves inversely to its price fell nearly 1 basis point to 7.487...
Briferendum Series: Key arguments from 'Remain' and 'Exit' camps
Jun 21, 2016 08:25 am UTC| Commentary
Just two days to the referendum, both camps are tied both in polls and in their war of words and the outcome is as certain as the flip of a coin. In their fight to win the day, both camps have given out supporting...
US Presidential Election Series: Trump fires campaign manager to professionalize approach
Jun 21, 2016 07:39 am UTC| Commentary Politics
Republican Presidential nominee Donald Trump fired his campaign manager in a bid to recover his popularity, which has been hit by recent media attacks and setback over his comments for a Hispanic-American judge. Trumps...
CBRT seen easing monetary policy
Jun 21, 2016 07:10 am UTC| Commentary Central Banks
The Central Bank of the Republic of Turkey (CBRT) is expected to further ease the monetary policy stance during its MPC meeting on Tuesday, said Societe Generale in a research report. The AKP politicians have given...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects