December 2014
December 27, 2014
Saudi Arabia Faces $38 Billion Budget Deficit
Saudi Arabia has announced a budget deficit of $38.6 billion for 2015, attributed to falling oil prices. The government plans to maintain spending despite the…
December 25, 2014
Russia: The Crisis of Ruble Devaluation Has Ended
Russia's Finance Minister Anton Siluanov announced that the country has overcome its currency crisis, with the ruble strengthening after recent measures including interest rate hikes.…