Finance
UK economy shrinks by 0.4%
The UK economy shrank 0.4 per cent in April as Brexit paralysis took hold following the proposed deadline for departure from the…
Pound edges up after May’s Brexit defeat
The pound edged up on Wednesday following the defeat of British Prime Minister Theresa May's European Union exit deal, but investors braced…
Financial crisis for Libya’s parallel government in the east
Reuters reported that the Libyan government based in the east has sold bonds worth more than $23 billion (around 32 billion Libyan…
Cayman Islands property boom threatened by British anti-money laundering rules
The Financial Times takes a look at the current property boom in the Cayman Islands and how anti-money laundering laws in the…
Di Maio denies he’s seeking resignation of Economy Minister, warns that he has to find the resources to increase welfare spending
Italian Deputy Prime Minister Luigi Di Maio on Tuesday denied a media report saying that he had called for Economy Minister Giovanni…
US$ 1.5 billion spent by foreigners during WorldCup
The Moscow Times: Visa has named fans from the United States and China — both of which failed to qualify for the…
EU Summit Agenda- Economy and Finance
EU leaders are expected to adopt conclusions on several issues recently debated under the Leaders' Agenda, such as digital taxation, tax avoidance…
Political impasse in Italy sends Government Bond yields rising
Following the unsuccessful final round of coalition talks, Italian president Mattarella declared that the process to form a government had failed. Mattarella’s…