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economy

Crimea asks to allocate 800 mln rubles for repatriates

Source : QHA / 26 Apr 2014
 
Crimean Council of Ministers appealed to Russian Ministry of Finance to allocate 800 mln rubles to settle issues of deported citizens, head of the republican committee for nationalities and deported citizens Zaur Smirnov announced.
 

​Britain wasted £34 billion on military interventions since Cold War

Source : RT / 24 Apr 2014

Since 1990 the United Kingdom wasted around $57 billion on military interventions, primarily in Iraq and Afghanistan, which were later judged to be strategic failures, a study published by the Royal United Services Institute (RUSI) says.

 

U.S. releases $450 million of frozen Iranian funds

Source : Reuters / 18 Apr 2014

The United States has taken steps to release a $450 million installment of frozen Iranian funds following a report from the International Atomic Energy Agency (IAEA) verifying that Iran is living up to its part of a landmark nuclear pact with world powers, the U.S. State Department said on Thursday.

 

Dubai cost of living rising at highest rate since 2009

Source : Agencies / 17 Apr 2014

Rising housing and food prices have pushed Dubai’s inflation rate to the highest since 2009, with the cost of living in March up 3 percent on the year before.

Housing and utility costs, which account for almost 44 percent of consumer expenses, were up 4.8 percent, and rose 0.4 percent month-on-month in March, Reuters said, quoting data from the Dubai Statistics Center.

 

Jordan, Egypt, Iraq discuss building joint railway

Source : Islamic Invitation Turkey / 14 Apr 2014

Jordan, Egypt and Iraq have discussed a joint railway project that would link the three countries.

Jordanian Prime Minister Abdullah Ensour met with Egypt’s Transportation Minister Ibrahim Demeiri and Iraq’s Transportation Minister Salman Jassim in Amman on Saturday to discuss the project.

 

Bern to repay 40 mn Tunisian dollars

Source : AFP / 12 Apr 2014

Switzerland said on Friday it will hand over to Tunisia $40 million stashed in Swiss bank accounts by the family of ousted dictator Zine el-Abidine Ben Ali.

Swiss authorities had frozen the funds as part of a probe launched following the revolution that forced the longstanding Tunisian leader from power in 2011.

 

Crimea receives $1 bln worth of investment offers

Source : ITAR-TASS / 10 Apr 2014

Crimea has already received offers from potential investors to a sum exceeding one billion U.S. dollars, or twice as big as its current budget, Crimea’s Prime Minister Sergei Aksyonov told the Rossiiskaya Gazeta newspaper on Tuesday.

 

Gasoline prices in Crimea expected to come down

Source : QHA / 09 Apr 2014

Prices for petrol in Crimea expected to come down to Russian level in May, Crimean vice premier Rustam Temirgaliev announced.

The channels on delivery and keeping of gasoline and diesel fuel with Russian biggest companies already established.

 

Nigeria becomes Africa's biggest economy

Source : BBC / 08 Apr 2014

Nigeria has "rebased" its gross domestic product (GDP) data, which has pushed it above South Africa as the continent's biggest economy.

Nigerian GDP now includes previously uncounted industries like telecoms, information technology, music, online sales, airlines, and film production.

 

Simferopol airport may become Russia’s biggest

Source : QHA / 07 Apr 2014

The airport of Simferopol, the capital of Crimea, region that recently joined Russia, may become one of Russia’s largest with an annual throughput capacity of over 5 million passengers, Transport Minister Maxim Sokolov said, ITAR-TASS reports.

 
 

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