U.K. economic assistance to Zimbabwe will be hinged on democratic progress
Britain could take steps to stabilise Zimbabwe’s currency system and extend a bridging loan to help it clear World Bank and African Development Bank arrears, … source
Turkey’s lira slides after Erdogan says wants greater economic control
ISTANBUL (Reuters) – Turkey’s lira slid to a record low and bond yields briefly touched their highest in at least eight years on Tuesday, after President Tayyip Erdogan said he…
Turkey’s Erdogan plans to take greater control of economy: Bloomberg
ISTANBUL (Reuters) – Turkey’s Tayyip Erdogan said he plans to take greater control of the economy after presidential elections next month and the central bank will have to take note…
Soft China April investment, retail sales suggest economy losing steam
BEIJING (Reuters) – China reported weaker-than-expected investment and retail sales in April and a drop in home sales, clouding its economic outlook even as policymakers try to navigate debt risks…
Bridging Asia: China or India – Who will be ahead in 2030?
India have seen impressive economic growth over the past decade and this seems set to continue. With each having a population of over one billion, many … source
Barclays slashes thousands of investment banking jobs – economy
A big cull of investment bankers has been announced at Britain’s Barclays. One in four jobs at its investment division are to go – that is 7000 people. It is…
Senegal to open new $575 million airport [Business Africa]
The largest airport in Senegal is set to open soon. Blaise Diagne International will have initial capacity for three million passengers per year. … READ MORE … source
Farmers go hungry as Russian agricultural import ban begins to bite
The tit-for-tat sanctions between Russia and the EU and US is beginning to hurt farmers and the fishing industry. Russia’s ban on most agricultural imports is having knock on effects…
Money talks: divided Lithuania prepares to join the euro – reporter
On January 1 Lithuania will become the 19th member of the eurozone. The decision to join the single currency sparked fierce debate in the Baltic nation and the controversy remains…
Sweet success in Dublin, the experience of being an entrepreneur – business planet
Today, one in three Europeans is over 55 years old. Increasingly, they are setting up their own businesses and Ireland is leading the way with a particularly interesting project which…