Japan and South Korea's finance ministers have affirmed their readiness to take action against foreign exchange volatility, following earlier expressions of serious concern over the weakening yen and won.
G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.
French President Emmanuel Macron said on Monday the G7 will discuss a possible release of strategic oil reserves, as finance ministers of the world’s leading industrialised nations prepared to meet…
The G7 finance ministers' meeting will discuss the possibility of using strategic oil reserves to stabilize energy markets, which have been shaken by the crisis in the Middle East.
Bulgarian Prime Minister Andrey Gyurov has appointed two new deputy finance ministers, including a former health insurance fund director, to join Georgi Klisurski's team.
Finance Ministers Satsuki Katayama of Japan and Koo Yun-cheol of South Korea have expressed serious concern over the recent sharp depreciation of the Korean won and the Japanese yen, indicating readiness to act against forex volatility.
During a meeting of EU finance ministers in Brussels, it became clear that the Luxembourgish government, represented by Gilles Roth, could soon be outvoted on a sensitive financial supervision matter.
Finance ministers from leading industrial nations (G-7) held an emergency meeting with the International Energy Agency to discuss rising oil prices, which have been driven to new heights by the ongoing conflict between the USA, Israel, and Iran.
Eurozone finance ministers are meeting to discuss economic developments in the EU, with Spain proposing a massive EU bond market to enhance the bloc's economic strength.
European Finance Ministers are meeting to discuss the economic impacts of rising oil and natural gas prices, fearing a return to the 2022 energy crisis situation.
Finance ministers from the 'E6' group of largest European economies are set to meet again in early March to strengthen cooperation, reigniting discussions about a 'two-speed Europe' which has been debated with varying intensity within the EU.
The UK Treasury Secretary and Swedish Finance Minister co-authored an article urging people not to believe Russian propaganda about its economy, asserting that it is not as strong as portrayed.
The Yen has weakened and Goldman Sachs delayed Fed rate cuts due to increased inflation risks from the Middle East conflict, prompting concerns among central banks about potential hawkish shifts in monetary policy. The conflict's impact on oil prices has also made dollar options the most bullish since 2022.
Tánaiste and Minister for Finance Simon Harris will attend a meeting of EU finance ministers in Brussels before travelling to Paris for a series of engagements with one of Ireland's most important…
South Sudan is experiencing growing instability, marked by a frequent change of finance ministers, the treason trial of the first vice president, and severe violence in its largest state.