Front Page: The great Russian capital outflow exodus

25th October 2011

BRICS

 

Pre election exodus

With Vladimir Putin heading back to the Kremlin, Russians and their money are apparently heading abroad in their droves. Russia Today

 

Readers keen to get copies of Jobs book

Chinese readers eager to learn about the life of Steve Jobs, founder of Apple Inc, have lined up outside bookstores and gone online to order copies of his biography since it was released globally on Monday. China Daily

 

Crisis does not reduce demand for Brazilian debt

The worsening global economic crisis has not diminished the demand for Brazilian debt, said Fernando Garrido. Journal do Brasil

 

Budget: Gordhan must make the best of a bad job market

South Africa's Finance Minister Pravin Gordhan will deliver his medium-term budget address in Parliament today amid increasing pressure to enable job growth. Mail & Guardian

 

Sensex plummets as RBI hikes rates

The BSE benchmark index fell sharply on Tuesday after the Reserve Bank of India lowered growth estimates for the current fiscal year, while hiking the repo rate by 25 basis points. The Times of India

 

Developed Markets

 

BP raises disposals target to $45bn

Energy group says it has reached ‘definite turning point.' Financial Times

 

APRA orders bank crisis plans

Australia's top four banks must prepare "recovery plans" to show regulators how they will survive an event worse than the last GFC. The Australian

 

Banks: A very expensive crisis

The crisis in Europe is causing tens of billions of euros in losses for banks on the continent. France Soir

 

Frontier Markets

 

Qatar Inc outlook seen strong

The business outlook for Qatar Inc has improved in the fourth quarter (Q4), despite the weak global macro-economic indicators. Gulf-Times

 

Economic growth is the key for financial stability, says PM

Prime Minister Lawrence Gonzi gave a detailed account of the meetings held in Europe over the weekend and underlined Malta's commitment in safeguarding its economy. Malta Today

 

Sri Lanka exports, trade gap up in August

Sri Lanka's exports rose 19.1 percent to 951.7 million US dollars in August, while imports rose 66.5 percent to 1.83 billion US dollars expanding the trade gap 191 percent to 885 million US dollars. Lanka Business

 

Related:

Talking Stocks: 'BP & Netflix'  

Reading List: What if economists were personally liable for their advice 

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