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Russia’s Ruble Weakens against Euro over Greek Deal
Bloomberg -The ruble weakened for a fourth day against the euro as Greece won a second bailout. The Russian…
Egypt “promises Fuel” For Gaza’s Sole Plant
Egypt has promised to provide diesel fuel for the Gaza Strip’s sole power plant, which shut down this week after…
Oil price climbs
Oil for March delivery rose 0.9 percent to $103.24 a barrel on the New York Mercantile Exchange, the highest…
Dubai Inflation down
The monthly consumer prices inflation rate in Dubai dropped 0.94 per cent in January 2012 compared to December…
Yen tumbles After BOJ Monetary Easing
The yen fell against all its most- traded counterparts after the Bank of Japan said it would increase the size of…
Oil Fluctuates Near Five-Week High in New York, Reversing Decline of 0.9%
Oil was little changed in New York, reversing an early loss of 0.9 percent.
Moody’s Cuts European Sovereigns Including Italy, Spain
Moody’s Investors Service cut the debt ratings of six European countries including Italy, Spain and Portugal and…
Asia Currencies Drop, Led by Ringgit, Italy, Spain Ratings
Asian currencies weakened after Moody’s Investors Service cut the debt ratings of six European countries including…
BOE’s King Set to Give Clues on Stimulus
U.K. inflation probably weakened to a 14-month low in January, continuing a slowdown that may determine whether the…
Iran Sanctions Tightening as OSG to Frontline Halt Shipping Nation’s Crude
Sanctions on Iran are tightening after Overseas Shipholding Group Inc., Frontline Ltd. and owners controlling more…
