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Doha's hotels suffer in Eid holiday due to Arab sanctions

26 June 2017

DOHA (Reuters) - A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector and Doha's hotels which would normally be full in the Eid al-Fitr holiday have seen steep falls in their occupancy rates.

Italy's centre-right wins in local elections, in blow to Renzi

26 June 2017

ROME (Reuters) - Italy's centre-right parties hammered their centre-left rivals in mayoral elections, official results showed on Monday, putting pressure on the ruling Democratic Party (PD) ahead of a national vote due in less than a year.

Central banks should heed market bubble warnings

26 June 2017

LONDON: If central banks have learned anything from the Great Financial Crisis, the worst since the 1930s, it is that you don't need runaway inflation to raise interest rates. Financial market bubbles should be enough.

Romania's ruling party picks PM candidate in bid to defuse crisis

26 June 2017

BUCHAREST (Reuters) - Romania's ruling Social Democrats picked Economy Minister Mihai Tudose to replace the prime minister they ousted last week, trying to resolve a political crisis that may erode investor confidence in the country despite its fast-growing economy.

Mongolia economy, graft in spotlight as voters elect president

26 June 2017

ULAANBAATAR: Polling stations opened throughout Mongolia's cities, townships and prairies on Monday as nearly two million residents were asked to choose a new president amid worries about corruption and the state of the resource-dominated economy.

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