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The European Central Bank (ECB) will announce a new stimulus package at its monetary policy meeting next month, Finnish central bank head Olli Rehn told the Wall Street Journal in an interview on Aug. 15.
Japanese Deputy Foreign Minister Takeo Akiba and South Korean Vice Foreign Minister Cho Sei Young have reportedly canceled a previously unpublicized upcoming meeting in Guam to discuss means of de-escalating trade tensions, the South China Morning Post reported Aug. 15.
The Russian government has threatened to ban timber exports to China if Beijing continues to support illegal logging in Russia, according to Russian Natural Resources Minister Dmitry Kobylkin, Reuters reported Aug. 15.
The White House will not grant economic incentives to North Korea before it denuclearizes, U.S. national security adviser John Bolton told Voice of America on Aug. 14, adding that U.S. President Donald Trump was still seeking a "big deal" with Pyongyang.
The success of the Libra -- and potentially the entire cryptocurrency market -- will hinge on its creator's ability to convince regulators that it's more trustworthy than Facebook and more stable than Bitcoin.
Even in legitimate democracies, populist-nationalist leaders seem to have an extraordinary ability to defy constraints. But in testing the geopolitical integrity of their states, their impact will be felt long after they're gone.
The European Union has resumed talks with Turkmenistan over the construction of the Trans-Caspian natural gas pipeline, according to EU Special Representative for Central Asia Peter Burian, Emerging Europe reported Aug. 14.
Foreign investors have been selling South African government bonds at a high rate of almost 2 billion rand (roughly $130 million) per day this month amid fears of a credit downgrade by Moody's Investors Service, Bloomberg reported Aug. 14.
President Mauricio Macri has announced several measures meant to soften the impact of Argentina's economic crisis, including freezing gasoline prices, increasing welfare subsidies and reducing income taxes, Reuters reported Aug. 14.