Polish fund to sell nutraceutical projects
News from Emerging Markets
Russian officials will have to revise infrastructure spending plans tied to one of Russia's two "rainy day" funds, a news report said Monday, as Moscow scrambles to find ways to fight a deepening financial crisis.
Turkish Deputy Prime Minister Ali Babacan said Turkey would reduce its inflation rate to 5-6 percent due to the decline in oil prices in 2015.
Mexican financial group Grupo Financiero Banorte reported total profits of MXN 15.22bn (EUR 917.74mn USD 1.04bn) during 2014, which represented a year-on-year increase of 13%. In the fourth quarter of 2014, the financial company saw profits rise by 5.4% year-on-year, to stand at MXN 3.81bn.
The country must not keep depending on donors to solve its economic deficits but rather build a diversified and viable export trade sector that will rake in more foreign earnings and create much needed jobs, Kwame Pianim -- former CEO of New World Renaissance Securities limited -- has said.
In an interview for Parkiet daily, PGNiG Deputy CEO Zbigniew Skrzypkiewicz talks about acquiring new deposits abroad and carrying out further exploration of shale deposits in Poland.
Energy Minister Vladimir Shkolnik has said today during the government hour in the lower house of the Kazakh Parliament that there is a possibility for construction of 2 nuclear power plants on the territory of Kazakhstan.