Japan Boosts Economic Stimulus

The Bank of Japan has increased its economic stimulus, leading to a rise in stock markets and a drop in the yen. Despite this, Japan is unlikely to meet its inflation target. Meanwhile, Russia and Ukraine have agreed on a natural gas export deal, resolving a payment dispute. However, tensions remain as rebels continue attacks in Ukraine. Citigroup is under investigation for its foreign exchange business and is facing significant legal expenses.

What was the immediate impact of the Bank of Japan's increased monetary stimulus?

• Japan met its 2% inflation target.

• Stocks rose in Asia, Europe, and the U.S.

• Stocks fell in Asia.

• The yen strengthened against the dollar.

Why did Russia initially cut off gas supplies to Ukraine?

• Russia wanted to increase gas prices.

• Ukraine was behind on payments.

• A new pipeline was under construction.

• Ukraine refused to negotiate.

What agreement did Ukraine reach regarding its gas payments to Russia?

• Ukraine agreed to pay the full amount immediately.

• Ukraine negotiated a discount on future payments.

• Ukraine refused to make any payments.

• Ukraine agreed to a partial payment by the end of the year.

What is Citigroup currently facing in relation to its foreign exchange business?

• A new marketing campaign.

• A criminal investigation.

• A merger with another bank.

• An increase in stock prices.

Which regulatory bodies are investigating Citigroup?

• The Federal Reserve.

• The European Central Bank.

• Regulators in the UK and Switzerland.

• Only the Justice Department.