West’s unilateral anti-Russian sanctions leading to crisis of historic scale — diplomat - TASS

The West’s unilateral anti-Russian sanctions are leading to a global economic crisis of a historic scale, Russia’s Permanent Representative to the United Nations Vassily Nebenzia said on Tuesday.

Oil prices slump, even after sigh of relief on passage of U.S. budget bill

Crude oil prices continued their losses in early Friday trading amid broad-based volatility and mounting concerns of supply-side pressures.

US imposes sweeping financial sanctions on Venezuela

The US imposed sweeping financial sanctions on Venezuela on Friday, which were angrily denounced by Caracas and dramatically ratcheted up tensions between the two countries.

Markets relieved at the prospect of Macron's victory in French elections

Europe's markets, and the Paris stock exchange in particular, showed relief on Monday at the prospect of France's centrist candidate winning the second round of presidential elections due next month by posting significant rises.

EU Brexit negotiator Barnier highlights risks to European financial stability

 EU Brexit negotiator Michael Barnier has called for "special vigilance" after a British paper reported he had advocated a "special" deal between the City and the EU. Future ties between the EU and the UK remain unclear.

German banks association sees Brexit as opportunity for Frankfurt

Frankfurt can benefit from Britain leaving the European Union (EU) and can be a continental EU partner of London, the German Banks Association chief said on Thursday.

Farage claims victory in EU referendum : BBC, ITV and Sky News have all called the poll in favour of the Leave campaign.

UKIP leader Nigel Farage appears to have claimed victory in the UK referendum on EU membership.

Surge in Brexit support causes shockwaves as EU referendum nears

Latest polls, as Britain's referendum on continued membership of the European Union neared, sent shockwaves through business and financial circles Monday.

US Moves to Block N. Korea's Access to Global Financial System

The United States is taking action to block North Korea's access to global financial systems, an effort aimed at preventing money laundering.

Eyes on Erdoğan as Davutoğlu expected to return mandate today

Turkey’s public, as well as global markets, have turned their eyes to a meeting between President Recep Tayyip Erdoğan and Prime Minister Ahmet Davutoğlu set to take place later on Aug. 18, with the latter expected to return the mandate to form a government to the head of state.

China supports major shareholders to buy more shares

The securities regulator announced Wednesday that it encourages major shareholders and the management of listed companies to buy more shares to stabilize prices.

EU and IMF should have foreseen Greek crisis (Russian Finance Minister Siluanov)

EU and IMF should have foreseen the crisis that has gathered momentum in Greece, Russian Finance Minister Anton Siluanov told journalists on Tuesday after a meeting of BRICS finance ministers.

Greece told door for debt negotiations remains "open"

Leaders of France and Germany told Greece's government today the door for negotiations with creditors remained open but urged it to make quick proposals to reach a cash-for-reform deal.