Last Updated: Wednesday, August 19, 2015, 18:27
China's stock drop sharply on Wednesday amidst continuing worries for their economic growth. Over the last 13 months, nearly 1 trillion dollar is said to have flowed out of the country.
Last Updated: Wednesday, August 5, 2015, 18:14
Ukraine and its creditors hit a new stumbling block Wednesday after a new debt restructuring offer from Kiev and call for a "decisive" final meeting drew only a lukewarm response.
Last Updated: Wednesday, August 5, 2015, 01:06
The IMF, which recently released a loan installment for Ukraine, said Tuesday it views the country`s debt as sustainable but facing "exceptionally high" risks linked notably to the pro-Russian conflict.
Last Updated: Wednesday, July 1, 2015, 05:02
Ukraine has announced the immediate suspension of all Russian gas purchases after EU-mediated negotiations aimed at keeping supplies running for at least three more months broke down.
Last Updated: Saturday, June 13, 2015, 10:45
Ukraine's premier warned Friday that Kiev would freeze its debt repayments if no immediate deal was found with private lenders because it had to fund its escalating campaign against pro-Russian fighters.
Last Updated: Monday, June 1, 2015, 08:23
The dismal projection -- down from a forecast in April of minus five percent -- followed a two-week-long visit by an International Monetary Fund delegation to Kiev earlier this month.
Last Updated: Monday, June 1, 2015, 06:16
The IMF said Sunday it has lowered its growth forecast for Ukraine`s war battered economy to minus nine percent, due in large part to "the unresolved conflict in the East."
Last Updated: Monday, May 18, 2015, 22:35
Russia has dropped its demands for a further delay in a landmark EU-Ukraine trade deal at the heart of the Ukraine crisis and accepts that it will now begin next year, the EU said Monday.
Last Updated: Thursday, April 30, 2015, 22:27
The International Monetary Fund reiterated Thursday that Ukraine needs to complete a debt restructuring with private creditors within weeks to pass the first review of the IMF loan program.
Last Updated: Wednesday, April 29, 2015, 18:18
The World Bank sharply cut its outlook for war-torn Ukraine Wednesday, forecasting its economy will shrink by a massive 7.5 percent this year due to the conflict with pro-Russian separatists.
Last Updated: Tuesday, April 28, 2015, 23:07
Russian President Vladimir Putin said Tuesday the country's economy was not in crisis and that the worst was over, as the central bank is set to meet this week to decide whether to lower the interest rate following the ruble's rebound.
Last Updated: Thursday, April 16, 2015, 19:36
President Vladimir Putin said Thursday the worst was over for Russia`s crisis-hit economy as he shrugged off widespread concerns over the impact of the Ukraine crisis in his annual phone-in.
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