Recent Posts

New Ukrainian finance chief targets May for next IMF loan and other aid

  Bloomberg Ukraine’s new finance minister said the next tranche of a delayed $17.5 billion International Monetary Fund loan could arrive as early as May. A mission from the Washington-based lender may visit within a month, said OleksandrDanylyuk, appointed April 14 after weeks of wrangling over a new government. Ukraine understands its IMF commitments and will implement a delayed increase ...

Read More »

Brexit vote a ‘risky bet’: US ex-treasury secretaries

  Bloomberg Leaving the European Union would be a “risky bet” for the U.K. and the country should not “turn inward,” according to eight former U.S. Treasury secretaries going back to the era of President Richard Nixon. The intervention in a letter to the Times newspaper in London published on Wednesday came two days before U.S. President Barack Obama is ...

Read More »

Russia wins $50bn ruling in decade-old fight with Yukos

  Bloomberg Russia succeeded in its battle to overturn a $50 billion arbitration ruling after a Dutch court ruled that the panel of judges who issued the record-setting award to the former owners of Yukos Oil Co. had no right to review the dispute. The ruling by a court in the Hague on Wednesday was a sweeping victory for the ...

Read More »
Send this to a friend