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Amanda Anna G

MyRecordJournal.com | Meriden, CT | Moscow-led trade bloc begins in troubled times - 0 views

  • Moscow-led trade bloc begins in troubled times
  • MOSCOW — The Eurasian Economic Union, a trade bloc of former Soviet states, expanded to four nations Friday when Armenia formally joined, a day after the union between Russia, Belarus and Kazakhstan began. The Russian-dominated bloc has been politically controversial and its early days are being overshadowed by the sharp deterioration of Russia’s economy in recent months.
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    This article is about the Russian-dominating bloc, and how it affects trade and economies. 
Yassine G

TASS: Sports - Post-Soviet trade bloc members may be exempt from Russia's bill on legio... - 0 views

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    This article relates trade blocs to athletics. 
Clemence Lafeuille

East African trade bloc approves monetary union deal - 0 views

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    This article discusses the possibility of a further step in the trade liberalisation of East Africa. The EAC (already a common market) now wants to go further and create an economic and monetary union within 10 years. This would greatly help the trading in that region.
John B

Troubled TTIP isn't the only 'trade' takeover busting our sovereignty | openDemocracy - 0 views

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    This article deals with a potential agreement between US and EU where completely free trade is supposed to be the main aim. This agreement would mean that the free trade between US and EU would be the largest free trade zone.
Clemence Lafeuille

Monetary Union Works Because Europe Is Already Integrated - 0 views

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    The monetary union of the Euro zone has been heavily criticized as only a place that shares one thing: its currency. It has been judged however they have incorrect, due to the integration of the countries' economies.
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    This article really looks into how a monetary union can work when it is so divided, and it goes on to say that the political ties are what enables it to thrive without major disturbances. It also mentions how important these ties are for the central bank and monetary policy of the bloc to work
Haydn W

ECB's Draghi says euro zone must 'complete' monetary union | Reuters - 0 views

  • ECB's Draghi says euro zone must 'complete' monetary union
  • (Reuters) - Euro zone countries must "complete" their monetary union by integrating economic policies further and working towards a capital markets union, European Central Bank President Mario Draghi said.
  • Draghi said structural reforms were needed to "ensure that each country is better off permanently belonging to the euro area".
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  • He said the lack of reforms "raises the threat of an exit (from the euro) whose consequences would ultimately hit all members"
  • He said an economic union would make markets more confident about future growth prospects -- essential for reducing high debt levels -- and so less likely to react negatively to setbacks such as a temporary increase in budget deficits.
  • Unifying capital markets to follow this year's banking union would also make the bloc more resilient.
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    This article, from news agency Reuters, outlines Mario Draghi's, head of the European Central Bank (ECB), statement in Italy this week, regarding the Eurozone, a form of monetary integration. Draghi outlined the need for European countries to complete the monetary union and integrate policy to avert another crash. 
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