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Sunday 11 May 2025

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Context on Markets
News OPEC sees more balanced oil market in 2016

The oil market should be more balanced next year as China and the developing world use more oil while supply of fuel from North American shale grows more slowly, OPEC said on Monday.

  • July 13, 2015
News IMF says Greece spillovers limited to rest of world

Greece is a small part of the world economy, and its possible exit from the euro zone should have limited impact on the rest of the world, the IMF's chief economist said on Thursday, though he warned similar crises could happen in other countries.

  • July 9, 2015
News Greece seeks new EU loan deal in race to avert collapse

A race to save Greece from bankruptcy and keep it in the euro gathered pace on Wednesday when Athens formally applied for a three-year loan and European authorities launched an accelerated review of the request.

  • July 8, 2015
News Greece faces last chance to stay in euro as cash runs out

Greek Prime Minister Alexis Tsipras launched a desperate bid to win fresh aid from skeptical creditors at an emergency euro zone summit on Tuesday, before his country's banks run out of money.

  • July 7, 2015
News Greek finance minister quits to smooth talks after thunderous 'No'

Greece's combative finance minister resigned on Monday, removing one major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout.

  • July 6, 2015
News Oil tumbles 6 percent after Greek 'No' vote, ahead of Iran deadline

Oil prices tumbled their most in three months on Monday, with U.S. crude falling 6 percent, after Greece's rejection of debt bailout terms and China's rolling out of emergency measures to support its stock markets shook global markets.

  • July 6, 2015
News Russia waits in wings as Greek debt crisis deepens

Russian President Vladimir Putin must be finding it hard to contain a wry smile as the European Union struggles with Greece's debt problems.

  • July 4, 2015
News Iran, powers push for nuclear deal; dispute over U.N. sanctions persists

Iran and world powers continued marathon talks on Saturday in an attempt to clinch an historic nuclear accord but remained divided on issues such as lifting U.N. sanctions and development of advanced centrifuges.

  • July 4, 2015
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