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Out of bounds
10/31/15
Cairo
repay $ 2.4 billion debt to the Paris Club and Qatar
Egypt paid $ 2.4 billion, the value of premiums of foreign debts due for each of the State of Qatar and rally "Paris Club" countries, over the next year in 2016, which represents a significant challenge in light of the "Cairo" commitment to repay external obligations on time amid declining cash reserves to levels low recently, according to a high-level sources, Egypt has already paid $ 1.4 billion value of premiums external debts to collect the "Paris Club" during the months of June and July last two, the premiums paid by the "Cairo" every 6 months for those countries, in addition to the $ 1.25 billion value of the bonds were issued Egyptian government in 2005 and paid by Egypt over the past month. And up foreign exchange reserve balances to Egypt, 16.33 billion dollars, by the end of the month of September 2015, compared B18.09 billion dollars by the end of August 2015, a decrease of $ 1.76 billion, the longer this most important decline -nzera big for its value in the timing of Manm- over the past period .
Tehran
rejected the demands of Venezuela to cut oil production to raise prices
Spanish newspaper said that Iran refuses to support Venezuela in the crisis in terms of suffering from a sharp drop in oil prices, revealing rejected Iranian representatives in the Organization of Petroleum Exporting Countries (OPEC) calls from Venezuelan President Nicolas Maduro helping to cut production in order to raise the price agreement . Said Antonio de la Cruz, oil expert in a newspaper article, that Iran has forgotten the hard times experienced by which halt beside the late Venezuelan President Hugo Chavez, and especially in light of the financial blockade, which was imposed on them. The de la Cruz, that Iran will increase from 2.9 million barrels to 3.9 million barrels in the market, in case the lifting of sanctions by formally and according to the timetable approved by the United Nations, and expected oil expert to Iran and then say that she sympathizes with Venezuela, but not her hand something to do. "
Tokyo
government plans to set up a supplementary budget of more than 3.1 trillion yen
Source told Reuters (25.68 billion dollars) for the construction of nursing care facilities and to assist farmers who are facing stronger competition at a time when the country is preparing to join the partnership agreement across the Pacific said on Friday that the Japanese government is planning to set up a supplementary budget worth more than 3.1 trillion yen.
And beyond the new supplementary budget that for the last fiscal year. The source said the government may increase spending if Japan's GDP for the period from July to September -oualemorteur announced on 16 November II data showed that the economy is falling apart to some extent calls for more fiscal stimulus measures.
The source added that the government will not issue new bonds to finance spending.
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