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Recent News

Ukraine sees 15.2% decline in new housing in 2016

Commissioning of new housing in Ukraine, excluding the occupied Crimea, decreased by 15.2% in 2016 from 2015, to 9.367 million square meters, according to Ukraine's State Statistics Service.
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Stratfor: A blockade brings eastern Ukraine to a slow boil

An informal blockade of goods flowing out of uncontrolled territory in Donbas, eastern Ukraine, entered its third week on February 21. Activists and opposition lawmakers are particularly focused on st
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NBU to liquidate Kyiv-based Fortuna-Bank

The National Bank of Ukraine (NBU) has decided to cancel Kyiv-based Fortuna-Bank's banking license and liquidate it, as was proposed by the Ukrainian Deposit Guarantee Fund, according to the regul
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Russian, Ukrainian tensions evident at UN after Vitaly Churkin's death Ė CNN

The UN Security Council paid public tribute to late Russian Ambassador Vitaly Churkin on Tuesday – but tensions simmered behind the scenes, as Ukraine blocked a more formal statement of condolen
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NBU estimates Ukraine's losses from trade blockade of Donbas at $2 bln

The National Bank of Ukraine (NBU) estimates the country may lose up to US$ 2 billion in forex revenue if the blockade of trade, including in coal, with occupied Donbas continues.
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OPINION: Owners, MLB players association need to agree on these rules changes

Roger Rubin, The Sports Xchange Witness the tug-of-war between ownership and the Major League Baseball Players Association unfolding over rule changes to speed the pace of play in the game.
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Popular Finance

 

State Ventures To Invest 50% of 2016 Profits on Behalf of Bulgaria

The government has decreed that state ventures and commercial enterprises have to invest 50% of their profits for 2016 on behalf of the state. The decree excludes health treatment facilities for inpat
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3 Strategies To Earn What You Deserve In The Gig Economy

The new digital economy is expected to be great for professional women. But research shows that women ask for less when pay is less structured and certain. Could the new way of work be setting us up t
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UK NOT world's fastest growing economy in 2016, says ONS

The UK's annual growth rate was downgraded from a first estimate of 2 per cent to 1.8 per cent in 2016, despite registering a better than expected expansion at the end of the year.
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Are Acharya's words a call to action for banks?

In some "tough love" shown to banks by the Reserve Bank of India on Tuesday, while bankers are yet to digest the suggestions, it could well be a turning point for the public sector banks.
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Biz GIFT-IFSC crosses USD 2 bn; to create 1 mn jobs by 2025

Business transactions at Gujarat International Finance Tec-City (GIFT), country's first International Financial Services Centre, has crossed USD 2 billion mark and is likely to grow manifold in the
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At RBI policy meet, four members mentioned 'sticky' inflation

While three members highlighted the need to change the stance from accommodative to neutral, four mentioned that inflation excluding food and fuel remains ‚??sticky‚?Ě at close to 5 percent
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Economy to pick up in Q4 due to faster remonetisation: Patel

Faster remonetisation and return of discretionary consumer demand will push economic activity in the latter part the fiscal, opined RBI Governor Urjit Patel while voting for no cut in interest rate
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'Coal to dominate power sector despite growth in renewables'

India's power sector will continue to be dominated by coal over the coming decade despite significant growth in cleaner fuels or renewables, says BMI Research.
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India banking bailout cost 'manageable': IMF

The cost of recapitalising India's struggling banks would be affordable even under a negative scenario, the International Monetary Fund said on Wednesday, urging government steps to strengthen the f
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