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Macedonia’s Key Interest Rate Rises

Macedonia’s National Bank, NBM has raised its benchmark interest rate by two percent in order to preserve the stability of the local currency, the Denar. The NBM’s head Petar Gosev announced this at a press conference in Skopje on Thursday. He informed that at the next auction, the NBM’s bonds …

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Obama shifts strategy in Afghanistan: more troops, modest goals

WASHINGTON — Shifting U.S. objectives in Afghanistan away from the Bush administration’s promise to build a Western-style democracy, President Barack Obama will announce on Friday that he’s deploying thousands of additional American troops and civilians to achieve more modest goals, such as enhancing security and promoting economic development, U.S. officials …

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