Showing posts with label economic crisis. Show all posts
Showing posts with label economic crisis. Show all posts

Saturday, May 26, 2018

Erdoğan calls on citizens to convert their dollars, euros into Turkish Lira

Turkish Lira
Turkish President Recep Tayyip Erdoğan called on Turkey's citizens on May 26 to convert their dollar and
euro savings into lira, as he sought to bolster the ailing currency which has lost some 20 percent of its value against the U.S. currency this year.

Monday, May 1, 2017

Monday, January 9, 2017

Maduro hikes Venezuela's monthly minimum wage by 50 pct.


Venezuelan President Nicolas Maduro announced Sunday that he has decided to raise the monthly minimum wage by 50 percent from 27,092 bolivares to 40,638 bolivares, the latter amount equivalent to about $60 at the official exchange rate of 678 bolivares per US dollar.

Wednesday, December 21, 2016

Venezuela, Colombia agree to "progressively" reopen border

Venezuelan President Nicolas Maduro and his Colombian counterpart Juan Manuel Santos have agreed to "progressively" reopen their shared border, a top official reported on Tuesday.

Tuesday, December 13, 2016

Venezuela Shuts Colombia Border to Fight Currency Smuggling

President Nicolas Maduro on Monday ordered the closure of Venezuela's border with Colombia for 72 hours in a crackdown on what he says are "mafias'' smuggling hard-to-find cash that is destabilizing the socialist economy.

Wednesday, November 2, 2016

Europe not stumbling from crisis to crisis without learning: ESM Director

It is a mistaken view that Europe is stumbling from crisis to crisis without learning, the Managing Director of the European Stability Mechanism Klaus Regling said on Tuesday.

Thursday, September 15, 2016

Portugal's PM rejects claims there will be second bailout

Portuguese Prime Minister Antonio Costa on Wednesday rejected claims that the country could need a second bailout, insisting his anti-austerity drive is boosting the economy.

Tuesday, July 26, 2016

OAS chief says moving ahead with activating democratic charter against Venezuela

The Organization of American States (OAS) is moving ahead with activating its Inter-American Democratic Charter (IDC) against Venezuela, according to the body's Secretary-General Luis Almagro on Monday.

Wednesday, July 13, 2016

Venezuela Military Seizes Major Ports as Economic Crisis Deepens

Venezuelan President Nicolas Maduro on Tuesday greatly expanded the duties of his military chief General Vladimir Padrino to make him responsible for the distribution of food and medicine and put the military in charge of overseeing five of the country’s major ports.

Wednesday, July 6, 2016

Des centaines de Vénézuéliennes forcent une frontière pour s'approvisionner

Environ 500 Vénézuéliennes ont franchi de force mardi la frontière avec la Colombie, fermée depuis près d'un an, afin d'acheter des vivres qui manquent dans leur pays, confronté à de graves pénuries, selon des médias locaux.

Saturday, June 18, 2016

Monday, May 2, 2016

Greeks celebrate Orthodox Christian Easter amid debt, refugee crises

Greeks celebrated the Orthodox Christian Easter on Sunday exchanging wishes for better days to come for the country which is tested by the debt and refugee crises.

Thursday, February 18, 2016

Venezuela raises gasoline price for first time in two decades

Venezuelan President Nicolas Maduro on Wednesday announced an increase of gasoline prices for the first time in 20 years due to plummeting revenues from crude exports.

Friday, January 22, 2016

Peak of crisis still ahead – Russia's ex-Finance Minister

Speaking at the World Economic Forum in Davos on Thursday, Alexey Kudrin, Russia's former Finance Minister, said that the price collapse on the oil market had created a new reality and the peak of the crisis could still be ahead, BBC Russian news service reported.

Thursday, November 26, 2015

UN expert to assess impacts of cut-backs on people's rights in Greece

A UN expert will visit Greece next week to assess impact of financial crisis and structural adjustment for the enjoyment of human rights in the country, the UN human rights agency OHCHR said on Thursday.

Tuesday, July 21, 2015

Turkey calls for Greece to make Aegean a ‘sea of happiness’ through closer economic ties

Turkish companies are planning to invest in struggling neighbor Greece in the agricultural, manufacturing, tourism, construction and transportation sectors, as part of a joint program between the two countries.

Wednesday, July 8, 2015

As foreign tourists leave Greece, Turks stay (Greek official)

Only Turkish tourists are enjoying their holidays in Greece, although thousands of foreign tourists have left the country amid the worsening cash crisis, said the mayor of Symi Island, which is just a few miles away from the seashores of Datça in the Turkish province of Muğla.

Thursday, July 2, 2015

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US Democratic congresswoman : There is no difference between 'moderate' rebels and al-Qaeda or the ISIS

United States Congresswoman and Democratic Party member Tulsi Gabbard on Wednesday revealed that she held a meeting with Syrian Presiden...