Deutsche Bank reports €500m loss for 2017 - 'Three A's' post strong financial results - Cape Town residents told to save water
The Venezuelan economy is in freefall, crippled by a currency crisis that has seen inflation soar to farcical levels. The country’s populist government introduces measures on Monday aimed at halting the collapse.
Germany is not planning financial aid to help Turkey deal with its currency crisis, the Berlin government says. Opportunities may arise to buy indebted Turkish firms, but for now German business leaders are indifferent.
Venezuela is in the middle of an economic meltdown, facing chronic inflation and an acute shortage of essential goods. The government wants to tackle the situation by raising fuel prices. But that could prove tricky.
One of three Chinese ratings agencies, Dagong Global Credit Rating, has been suspended from doing business in bond markets following an investigation that revealed "chaotic" management and false credit ratings.
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