When the conflict began, the government had about $17 billion in foreign currency reserves. Those have dropped from blows to two main pillars of the economy: oil exports, which used to bring in up to $8 million per day, and tourism, which in 2010 …
Seated two places to the right of ECB President Mario Draghi in the grand, gilded room was Jens Weidmann, chief of Germany's Bundesbank and, in his country's post-war tradition, an inflation-fighting hardliner. … "A stable currency," he told Reuters.
For Croatia, it's a remarkable milestone, given the country was in the middle of a brutal war of independence just two decades ago. But the celebrations have been overshadowed by Croatia's economic woes, leading some to question joining a bloc … For …
AMMAN, Jordan, June 30, (Agencies): More than two years of fighting in Syria's civil war has damaged some 9,000 state buildings and run up $15 billion in losses to the public sector, a government minister said Sunday, shining a light on the devastating …
Fears that the auto industry could become embroiled in an old-fashioned price war have fizzled. Automakers are holding firm in their post-recession pricing discipline, even as rising demand, rapid production increases and currency fluctuations create …
When the conflict began, the government had some $17 billion in foreign currency reserves. Those have dropped from blows to two main pillars of the economy: oil exports, which used to bring in up to $8 million per day, and tourism, which in 2010 earned …
When the conflict began, the government had some $17 billion in foreign currency reserves. Those have dropped from blows to two main pillars of the economy: oil exports, which used to bring in up to $8 million per day, and tourism, which in 2010 earned …
Earlier this month, the Syrian currency plunged to a new record low following a U.S. decision to arm rebel groups fighting to topple Assad. The Syrian pound currently trades at an average of around 200 to the dollar, compared with 47 before the crisis.
It comes almost two decades after Croatia's brutal war of independence. … Concerns about Croatian corruption and organised crime remain among some EU leaders, and Croatia will not yet join the single currency nor the visa-free Schengen zone.