Compromise with banks is likely on Hungary's FX loans

Hungary's government has set November 1 as the deadline for the country's banks to come up with a...

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US default unlikely despite bitter divide

The US Treasury will be unable to borrow money to pay all of its obligations after October 17,...

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Markets are understandably concerned that the US Federal Reserve's eventual decision to move away...

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Five years ago, the sub-prime mortgage crisis precipitated a financial near-collapse and...

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The National Bank of Hungary extended its monetary policy easing cycle on September 24, cutting...

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The Lower House adopted the draft 2014 budget in the early hours of yesterday morning. The...

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The Bank of Israel (BoI) has warned Finance Minister Yair Lapid that he should not go through...

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London Metal Exchange (LME), which handles over 80% of the base metals futures trade, has faced...

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The real fell by 1.4% against the dollar to 2.23 yesterday, the largest one-day decline since...

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Recent data from the European Commission, OECD and national statistics agencies suggest that...

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