World economy
23 nations meet in Rome to mull anti-ISIS strategy
03 Feb 2016
US officials said the Pentagon's fiscal year 2017 budget will call for more than $7 billion to fight Islamic State, up roughly a third from the previous year's request to Congress
WHO declares global emergency as Zika virus spreads
02 Feb 2016
The decision was taken after an emergency meeting of of independent experts in Geneva to assess the severity of the health threat associated with the spread of Zika virus disease
Aung San Suu Kyi ushers in a muted democracy in Myanmar
01 Feb 2016
Suu Kyi’s National League for Democracy will have to share power with the military, which retains three key ministers, a quarter of seats in parliament and a veto on constitutional changes
Russia weighs Opec proposal for oil production cutbacks
29 Jan 2016
A combined reduction in oil production could immediately reduce global supplies of crude oil by around 1 million barrels per day
Netherlands moots sending refugees back to Turkey
29 Jan 2016
EU nations have grown unnerved by the continent's worst migration crisis since World War II, one that has jeopardised the bloc's Schengen zone of passport-free travel
BoJ cuts interest rate to below 0 % to beat deflation, revive growth
29 Jan 2016
The BoJ plans to pursue monetary easing in full steam by making full use of possible measures in terms of three dimensions - quantity, quality, and interest rate
IMF reforms boost voting rights of India, other emerging countries
28 Jan 2016
With the 2010 IMF quota and governance reforms coming into effect, India China, Brazil and Russia are now among the 10 largest members of the Fund, with greater say in governance
AIG to cut costs, return $25 bn to shareholders
28 Jan 2016
EU blasts Greece for mishandling refugee crisis
28 Jan 2016
With the bodies of seven more drowned migrants recovered on Wednesday, the European Union warned Greece that it could face border controls with the rest of the EU`s passport-free Schengen zone if it fails to improve controls
India, Russia sign pact on research projects
28 Jan 2016
Denmark’s ‘jewellery bill’ to confiscate refugees’ valuables
27 Jan 2016
Denmark's parliament passed measures on Tuesday including confiscating refugees' valuables to pay for their stay, aimed at deterring them from seeking asylum, despite protests from international human rights organisations
What does the Chinese slowdown mean for the world?
25 Jan 2016
China’s slowing economy has rattled markets around the world. Yale School of Management's Stephen Roach, the former chairman of Morgan Stanley Asia, says it’s good that China is making a much-needed transition—but other countries will need to adapt to a new normal
France to prolong emergency; warns EU of risk from refugee influx
23 Jan 2016
The migration crisis has threatened major shifts in population, French Prime Minister Manuel Valls said, and warned that the open arms policy has put the concept of Europe itself in very grave danger
World economy too reliant on a 'make-believe’ market: Raghuram Rajan
21 Jan 2016
While there isn’t anything in the global economy to support market tantrums, Reserve Bank governor Raghuram Rajan says there is some anticipation that as central banks start reducing an accommodating stance, asset prices will find the appropriate level
World’s richest 1% own as much as remaining 99%
19 Jan 2016
The study by UK non-profit Oxfam found that the 62 richest people in the world own as much as the poorest 3.6 billion, and the rich-poor gap has widened dramatically in the past 12 months