Poland's Nowy Styl Group mulls further acquisitions
News from Emerging Markets
The Brazilian manufacturing sector is starting a new battle front, this time over natural-gas prices. The focus is on sky-high returns guaranteed in concession contracts of state distributors.
China's central bank is injecting 500 billion yuan (81 billion dollars) into the nation's five major state-run commercial banks to bolster flagging economic growth, reports said Wednesday.
Russia's economy will contract next year as a result of the crisis with Ukraine, the EBRD development bank forecast on Thursday after slashing its prediction for growth.
Development: On 16 September the international ratings agency Standard & Poor’s (S&P) cut Venezuela’s long-term rating by one level from B- to CCC+, seven levels below investment grade, and placed it on negative watch.
Ukraine - EBRD revises downwards outlook of Ukraine's GDP fall from 7% to 9% in 2014, from 2% to 3% in 2015
The European Bank for Reconstruction and Development (EBRD) has revised downwards the outlook of Ukraine's GDP fall from 7% to 9% in 2014 and from 2% to 3% in 2015, the Bank said. In May 2014, the EBRD expected GDP fall of 7% and inflation of 14.4% for 2014.
The Department of Energy should clearly define the scope and parameters of the emergency powers it is seeking for President Aquino to address an imminent power shortage in the summer of 2015, the leadership of the House of Representatives said yesterday. "We haven't seen exactly ano ang joint resolution.
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