Syria has acknowledged the heavy toll international sanctions have taken on the country's oil sector, admitting they have sucked about 4 billion US dollars (£2.5 billion) from the economy.Oil minister Sufian Allaw said the sanctions levied by the US and
The financial crises in Greece and Spain have sent the value of the euro plunging to near two-year lows against sterling and the dollar, with the single currency trading at under 80p and $1.25 yesterday. While this might be bad news for anyone planning a
ECONOMIC strategist Kevin Gardiner, who originally coined the term 'the Celtic Tiger', yesterday claimed the worst is over for Ireland and that Irish households should "start to feel the benefit within around a year or so".Mr Gardiner was in Dublin yeste
THE number of Americans applying for jobless benefits edged down last week, easing concerns the labour market was deteriorating after weak employment growth in April.Another report also published yesterday showed the US trade deficit widened in March, wi
EXPORTS from Europe's largest economy unexpectedly increased for a third month in March as demand from outside the euro region offset weaker sales in Europe.Exports, adjusted for work days and seasonal changes, rose 0.9pc from February, when they gained
FINANCE Minister Michael Noonan yesterday defended his quip about Greek feta cheese after being criticised by a former Greek prime minister.He had told international investors last week worried about a Greek exit from the euro that the country was very f
IRELAND'S trade surplus fell in February as both imports and exports declined, prompting some economists to predict exports will slow this year.Preliminary figures for the month showed the trade surplus was €197m lower than January. Seasonally adjusted e
IRISH Continental Group (ICG) yesterday admitted it suffered in the first few months of the year as freight volumes fell and rising energy costs pushed operating costs higher -- but analysts reiterated their forecasts for the more lucrative summer months
Pallab Bhattacharya in Nay Pyi Taw, Myanmar Image: Prime Minister Dr Manmohan... Full Article at Rediff
"There are multiple reasons which are responsible for the fluctuation in the... Full Article at New Kerala
The rupee continued its decline against the dollar, a process that began... Full Article at The Hindu
Union Finance Minister Pranab Mukherjee Sunday attributed the cumulative effect... Full Article at Webindia123
As prospects for a preemptive strike on Iran remain ever present, the recent... Full Article at Global Research
AMMAN, (Reuters) - Jordan has raised the price of gasoline and electricity... Full Article at Asharq Alawsat