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ESCWA: 'Arab Spring' cost Middle East economies $614bn

ESCWA's $614bn figure equal to six percent of GDP of regional economies from 2010 Tunisia protests to end of last year.

revolution

Read more: ESCWA: 'Arab Spring' cost Middle East economies $614bn

   

Navinder Singh Sarao pleads guilty in flash crash case

Navinder Sarao made millions of dollars in 2010 with computer programme that could automatically manipulate prices.

Read more: Navinder Singh Sarao pleads guilty in flash crash case

   

India demonetisation: Chaos as ATMs run dry

Shock withdrawal of 1,000 and 500-rupee notes leads to long queues outside petrol stations as cash machines stay shut.

Queues built up outside banks

Read more: India demonetisation: Chaos as ATMs run dry

   

India pulls 500, 1,000-rupee notes to 'fight graft'

Prime Minister Modi in surprise decision announces that two bank notes will no longer be legal tender from midnight.

Read more: India pulls 500, 1,000-rupee notes to 'fight graft'

   

US election: Dollar and stocks fall as Trump takes lead

Stocks trade sharply lower, while the US dollar and Mexican peso tumble as traders wait for the outcome of the election.

US stock

Read more: US election: Dollar and stocks fall as Trump takes lead

   

Egypt: Saudi Arabia halts fuel shipments indefinitely

Egyptian Oil Ministry announces Saudi Arabia's Aramco cut off much-needed fuel exports with no reason given.

fuel

Read more: Egypt: Saudi Arabia halts fuel shipments indefinitely

   

Egypt Central Bank devalues currency by 48 percent

Devaluation of pound meets IMF demand in exchange for $13bn loan over three years to overhaul country's ailing economy.

Read more: Egypt Central Bank devalues currency by 48 percent

   

Philippines' Duterte slams US for halting rifle sale

Philippine president suggests he may turn to Russia and China for weapons after the US halts sale of 26,000 rifles.

Read more: Philippines' Duterte slams US for halting rifle sale

   

China: All 33 miners trapped in blast found dead

Investigation ordered after recovery of the bodies by rescuers at Jinshangou mine where the blast occurred on Monday.

Read more: China: All 33 miners trapped in blast found dead

   

South Africa drops charges against Pravin Gordhan

Rand gains over 1.5 percent against US dollar as prosecutor rules Pravin Gordhan had "no intention to act unlawfully".

Pravin Gordhan

Read more: South Africa drops charges against Pravin Gordhan

   

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