Swiss sovereign money vote points up bank reform

A clear majority voted against a sovereign money initiative in a referendum, but pressure for bank reform persists

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Weak UK economic data will further delay rates rises

Consumer price inflation was unchanged in May despite higher fuel prices

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Growth outlook in Central-Eastern Europe may be clouded by domestic and external headwinds

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Economic activity is growing solidly despite tighter monetary policy and turbulent foreign policy, especially trade

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The US goods imbalance has widened markedly in recent decades

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Another rupee devaluation reflects the deteriorating external balance, but an IMF bailout may still be some months away

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Booming economy is taking time to slow down but higher interest rates, inflation and lira will take their toll

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Substantial diversification measures are likely to lag regionally

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With the government exhausted and opposition nearly extinct, the civil war will morph into an international competition

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The central bank raised rates again to help the lira and ease debt repayment worries, but the relief may be short-lived

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