Front Page: China presses EU on debt, defends yuan

26th October 2011

BRICS

 

China presses EU on debt, defends yuan

Beijing on Wednesday urged the EU to take effective measures to restore market confidence in tackling its debt crisis, while also again defending the Yuan's exchange rate. South China Morning Post

 

‘Savings rate deregulation will benefit economy'

Reserve Bank of India while announcing a 25 basis point hike in interest rates, indicated that this might be the last round of increase in its present tightening cycle. Times of India

 

No big deal if Russia doesn't join WTO this year – Ivanov

Russian Deputy Prime Minister Sergei Ivanov sees no tragedy if Russia will not join the World Trade Organization before the end of the year. Voice of Russia

 

Remedy against the crisis is cautious with money

The deterioration of global economic crisis, marked mainly by the instability in the U.S. and Europe, is directly influencing decision making in the Brazilian market. Jornal do Brasil

 

State eyes public entities' surplus cash

CAPE TOWN – State-owned companies and other public entities with surplus cash might have to give it to the Treasury to enable the government to pay for key investments to promote economic development. Business Day

 

Developed Markets

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