Business

UK & US

Giant bank crash scenario practice by US and UK regulators

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British and American regulators are going to get together in a war room and imagine what would happen in the two economies if a...
US Treasury Secretary Jacob Lew

Europe, Japan and China must do more to boost growth, says United States

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Treasury Secretary Jacob Lew, on behalf of the US, said China, Japan and Europe were not delivering enough support to boost growth in their...
Vladimir Putin

Russian troops near Ukrainian border ordered to leave by Vladimir Putin

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Thousands of Russian troops stationed close to the Ukrainian border have been ordered by President Vladimir Putin to retreat and return to their bases,...
Scottish Referendum

Bank of England had an emergency Scottish independence plan

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The Bank of England had a Scottish independence emergency plan that would have been implemented had the Scots voted to separate from the United...
poloz

Poloz will not change Canadian economic policies based on the US Fed

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Stephen Poloz, Governor of the Bank of Canada, has said that he will be focusing monetary policy on Canadian economic growth, rather than making...
finland flag

S&P downgrades Finland’s credit rating from AAA to AA+

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Standard & Poor’s cut Finland’s credit rating from AAA to AA+, amid concerns of the country’s pace of economic growth. Finland was one of the...
piglets

Pork prices may drop as farms rebound from virus and stocks surge

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Last year millions of baby pigs died due to a virus which increased the price of pork. However, high temperatures over the recent summer...
stock

S&P 500 swings drives CBOE Volatility Index spike

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The CBOE Volatility Index peaked to over 20 for the first time since early February. Volatile action in US stocks is a sign of...
Federal Reserve

Weak global growth could postpone Fed interest rate hike

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Reports of weak global growth could slow the pace at which the Federal Reserve increases interest rates, according to Fed Vice Chairman, Stanley Fischer. At...
IMF

IMF revises down GDP growth for emerging Europe

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The International Monetary Fund (IMF) has revised down its growth forecasts for emerging Europe to 1.2% for 2014, due to the Ukraine-Russia tensions. The...