ECONOMY

Russia could face economic isolation and $100bn of capital flight in 2014.

DWP data shows housing costs and falling wages push 600,000 more below absolute poverty line.

Capital gains tax part of new administration's plan to boost public finances.

South Africa gross domestic product contracted in the first three months of 2014.

The fund will pump institutional debt into public service projects.

Forex markets have already got many indications that the Federal Reserve is not in hurry to hike rates, but negative surprise in the jobs data prints will deepen the recent slide in the dollar.

Credit line to be delivered through French Development Agency, says Laurent Fabius.

Data surprises have been pushing the pound higher of late, and the Markit manufacturing PMI on 1 July has taken it one step closer to a crucial technical level.

Asia yet to benefit from uneven eurozone recovery and delayed revival in US economy.

Numsa, South Afriuca's biggest union, leads strike a week after five-month long platinum mines strike

UK economic recovery at risk from higher indebtedness as house prices rise and mortgages get bigger.

Gold rose to its highest since 24 March as uncertain growth outlook for the US weakened the dollar, increasing the investment appeal for the assets denominated in the greenback.

Eurostat says the region's jobless rate for under 25s fell to 23.3% in May.

Russia has issued an unofficial ban on EU pork after swine flu cases in Lithuania and Poland.

Agreement is part of India's move to shrink its trade deficit with China.

Markit PMI for June shows another month of higher output in powerhouse UK manufacturing sector.

UKTI is hoping for a repeat of last year's success which helped boost sales of tennis rackets and strawberries.

Ten-day truce between Ukraine and separatist rebels expired on Monday evening without renewal.

RBA leaves the cash rate unchanged at 2.5% and reiterates that what is required is interest rates stability.

But billionaire investor Soros highlights EU political crisis as threat to growth solution.

Argentina will fall into technical default without settling issues with holdout funds in 30 days.

The investment bank has revised up its economic forecast from 3% for this year to 3.4%

David Campbell Bannerman tells IBTimes UK that the business body 'isn't doing any serious thinking'.

US authorities banned lamb imports from UK amid BSE fears in late 1980s.

Sterling rallied near the 19 June five-year high of 1.7064; markets await PMI and housing data this week.

Rupiah rose to 11,831, a two-week high, after hitting a near five-month high of 12,148 on 26 June, while concerns ahead of the 10 July Budget weighed on the rupee.

Britain's export performance may be dismal over the last 2 years but Europe can help

Bitcoin rates rise as high as $635.73, up 6.2% from previous closing price.

The British Geological Survey debunks the SNP's promises of high revenue from energy reserves.