"The huge amount of spatial debris that is generated is a real problem for active satellites."
Italian Space Agency
""It was the start of the conquest of space by the Soviets, which nobody was expecting""
Former ESA Director of Science
"We need new initiatives at the European level to deepen the functioning of the monetary union."
Vice- President, ECB
"I agree with the Trump policy about putting additional requests to China, because China can do more."
Former US Secretary of State
"France and Germany shouldn't be bullying the other 26."
MEP, Christian Democrats
"The tradition comes from the shepherds, who cooked their meat with dasarashi, between two slates."
Chef, Gabala Khanlar
"There’s one thing architects and politicians have in common: they both love big, expensive projects."
"There is no war in Senegal. But when you wake up in the morning and you have nothing to eat, this, too, is a kind of daily battle."
The demand for oil across the globe is growing at its fastest pace in five years. The steep rise is down to rebounding economic growth and consumers
China’s central bank has devalued the yuan to its lowest rate against the US dollar in almost three years and its biggest one-day drop since 1994
The dollar rose to its highest in more than three months on Wednesday. The jump came after a Federal Reserve official said the central bank was close
Gold appears to be losing its lustre after shedding 4% of its value in a turbulent week. Morgan Stanley indicated a worst-case scenario of a drop to
In this edition of Business Middle East we look at the impact of turbulence in the Chinese markets and moves to strengthen dollar resources in Egypt
H&M, the world’s second largest fashion retailer, fears a negative impact from higher costs due to the strong US dollar.
The company buys most of
From next Monday Zimbabweans with have their mental arithmetic simplified for them with the news some zeros are coming off the currency.
If you suffer from Arithmophobia (fear of numbers) you might want to stop reading now.
The Zimbabwean central bank is offering to convert
The Federal Reserve has released its highly anticipated statement on how soon it plans to tighten monetary policy. It put a June interest rate rise
Global stocks have spiraled downwards amid lingering concerns over Greece going bankrupt and the prospect of the first rise in US interest rates in
There is conflict in the Ukraine property market. Many owners signed up for dollar mortgages which were popular before 2008. But a falling exchange
The sparkle of upmarket jeweler Tiffanys has been tarnished with the company forced to cut its profit forecast.
Shares in the jewelers fell almost
The euro slid to a nine-year low against the dollar on Monday. It fell by 1.2 percent
to 1.1864 dollars – its weakest level since March 2006.
Oil prices continued to slide on Tuesday. Brent crude was at its cheapest in over four years, close to $82 a barrel at one stage.
Gold continues to lose its lustre for investors as the yellow metal fell to a near four-year-low on Monday, the run strengthened by feelings the
The rouble’s plunge against the dollar and the euro continues.
In October alone Russia’s central bank spent over 13 billion dollars of its
The Russian rouble has taken a nosedive to a new record low at 41 to the dollar and an unprecedented 52 to the euro.
It has taken months of
The euro has fallen in value to its lowest in two years against the dollar.
At one stage it dipped just below $1.27, and was also down against the
Investors have been selling gold as the US dollar jumped in value.
The spot gold price slipped one percent on Wednesday, and on Thursday touched
The Russian rouble slumped to a new record low against the US dollar on Tuesday
It was already this year’s biggest declining currency in a major