LONDON (Reuters) - The Swiss franc tumbled on Thursday after its central bank announced a charge on deposits, wary of a flood of money exiting Russia and likely inflows from the euro zone if the ECB starts full-scale money printing early next year.
Hydraulic fracturing, or fracking, is a method of shale oil and gas production. It involves fracturing rocks deep beneath the surface of the earth by injecting high pressure liquids into the rocks.
Federal Reserve Chair Janet Yellen restored clarity to the central bank's monetary policy plans, saying it was on course to raise interest rates, though not right away, after officials issued a statement that some Fed-watchers found confusing.
As Mario Draghi prepares to push the European Central Bank into quantitative easing, he's counting the cost of alienating its home nation.
MOSCOW - Russian President Vladimir Putin addressed his nation Thursday amid the worst economic crisis of his 15-year reign. He blamed "external factors" for the current woes and said recovery is about two years away.