Tag: Advanced Economy
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UK economy grew by 3.2% in second quarter
The UK economy grew by 3.2% in the second quarter compared with the same period last year, slightly higher than the original 3.1% estimate.
But...
Sanctions begin to bite on Russian economy
Russia's state-controlled energy giant Rosneft has asked the Russian government for a $42bn (?25.2bn) loan, as it feels the impact of Western sanctions.
The government...
Inflation In UK Went Up In June
The rate of UK inflation rose sharply in June, pushed up by higher clothing, footwear, food and non-alcoholic drinks prices, official figures show.
The Consumer...
Bank of England’s first interest rate rise would occur in late 2014
The Bank of England has held UK interest rates at a record low of 0.5% for another month.
The size of the Bank's economic stimulus...
BNP Paribas to face strict sanctions-Bonnafe
The boss of BNP Paribas has written to staff warning that the French banking giant will be fined heavily by US authorities.
"I want to...
