Economics and Finance Situation Reports

Italy: Eurozone Crisis Leads To More Bankruptcies

During the first half of 2013, 6,500 companies filed for bankruptcy in Italy, a 5.9 percent increase from the same period of 2012, an Aug. 23 report by the Chamber of Commerce of Monza and Brianza revealed.
Friday, August 23, 2013 - 08:09

The Philippines: Peso Falls To 19-Month Low, Bonds Drop

The Philippine peso fell to its lowest level in 19 months and bonds dropped Aug. 23 after U.S. economic data bolstered the case for the Federal Reserve to start tapering the stimulus that has inflated asset prices in emerging markets, The Philippine Star reported.
Friday, August 23, 2013 - 07:35

Brazil: Central Bank Launches Currency Intervention Program

Brazil's central bank Aug. 23 launched a currency intervention program that will run through the remainder of the year in an effort to strengthen the real, Estadao reported.
Friday, August 23, 2013 - 07:26

Egypt: Qatar Sends Third And Fourth Gas Shipments

Qatar has send its third and fourth shipments of liquefied natural gas to Egypt to help alleviate the energy crisis, an official at the Qatari Ministry of Foreign Affairs said Aug. 22, Qatar News Agency reported.
Thursday, August 22, 2013 - 08:42

United Kingdom: Manufacturing Reaches Highest Level In 2 Years

The Confederation of Business Industry said Aug. 21 in its quarterly survey that Britain's manufacturers are producing at their highest levels in two years, The Guardian reported.
Wednesday, August 21, 2013 - 07:13

Gibraltar: British Warship Docks As Dispute With Spain Continues

A British warship docked in Gibraltar on Aug. 19 as a row continued between the United Kingdom and Spain over the territory, the Daily Star reported.
Monday, August 19, 2013 - 13:22

China: Beijing To Ease Free Trade Zone Laws

China plans to suspend certain laws on foreign investment in proposed free trade zones in order to open up the economy, a State Council statement said Aug. 17, Bloomberg reported Aug. 18.
Sunday, August 18, 2013 - 10:13

Russia, Ukraine: Prime Ministers Agree To Talks

Russian Prime Minister Dmitri Medvedev and his Ukrainian counterpart, Nikolai Azarov, agreed that the two countries will hold talks on problems in trade and economics, Medvedev's press service announced Aug. 18, RFE/RL reported.
Sunday, August 18, 2013 - 08:04

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