Economics and Finance Situation Reports

Japan: Last Operational Nuclear Reactor Is Shutting Down

Japan is shutting down its last operational nuclear reactor, located at the Ohi plant, for scheduled maintenance, BBC reported Sept. 15.
Sunday, September 15, 2013 - 09:55

Poland: Tens Of Thousands Protest In Warsaw

Tens of thousands of Polish labor union members rallied in Warsaw on Sept. 14 in protest of the government labor and wage policies, AP reported.
Saturday, September 14, 2013 - 08:02

North Korea: Kaesong Industrial Park To Reopen

North and South Korea agreed Sept. 11 to reopen the Kaesong joint industrial park on Sept. 16, the South's Unification Ministry said, AFP reported.
Wednesday, September 11, 2013 - 06:25

South Africa: Gas Station And Garage Employees To Go On Strike

Roughly 73,000 South African fuel station and garage employees will go on strike for higher wages and better working conditions, the employees' union said Sept. 8, AFP reported.
Sunday, September 8, 2013 - 07:34

China, Kazakhstan: Energy Deals Reached

Kazakhstan and China will sign 22 agreements on Sept. 7 worth some $30 billion, including several oil and natural gas deals and one to build a new oil refinery in Kazakhstan, Kazakh President Nursultan Nazarbayev said during a news conference after meeting with Chinese President Xi Jinping, Reuters reported.
Saturday, September 7, 2013 - 08:20

China: Yuan Will Be Traded Freely In New Free Trade Zone

China will allow unrestrained exchange of its currency in its first free trade zone, in Shanghai, AFP reported Sept. 5, citing a draft plan.
Thursday, September 5, 2013 - 03:54

France: Unemployment Rises

Unemployment in France reached its highest level since 1998, a report released by the national statistics bureau Insee said, The Wall Street Journal reported Sept. 5.
Thursday, September 5, 2013 - 03:49

India: Crisis Threatens Asset Quality, Industry's Demand For Bank Credit

Slowing economic growth and steep currency depreciation in India are threatening to harm asset quality as well as large industrial companies' demand for bank credit, the Financial Times reported Sept. 4.
Wednesday, September 4, 2013 - 06:20

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