World economy

Russia to trim deficit as S&P “junks” its credit rating

Russia to trim deficit as S&P “junks” its credit rating

27 Jan 2015

With continued western sanctions on some of Russia’s biggest companies over Ukraine amidst falling oil prices, S&P expects Russia's economy to slide into recession this year

Kurdish forces take control of Kobani

27 Jan 2015

An oil price rebound? Not so fast

An oil price rebound? Not so fast

27 Jan 2015

The real reason for the oil price collapse is probably that the market has now realised that prices were previously propped up on premises that are less valid now. When majority of the market participants accepted that, prices had only one way to go — down. By Shivshanker Verma

US Northeast braces for winter storm Juno

US Northeast braces for winter storm Juno

27 Jan 2015

The storm could affect around 60 million people across nearly a dozen states

China’s Dalian Wanda to invest $1 bn in Australian property

27 Jan 2015

Obama matches Modi’s ‘Make in India’ call with a push for `Made in America’ sales

Obama matches Modi’s ‘Make in India’ call with a push for `Made in America’ sales

27 Jan 2015

President Obama noted that specific action is required by both countries to make it easy for doing business

Leaders fret over net fragmentation at Davos

24 Jan 2015

"The internet will disappear" says Google’s Eric Schmidt at Davos

24 Jan 2015

The World (in 2030) according to Gates

The World (in 2030) according to Gates

24 Jan 2015

The lives of people in poor countries will improve faster over the next 15 years than at any other time in history — all driven by technology — is among the bold prediction being made by Bill and Melinda Gates, billionaire philanthropists, in the 2015 ‘annual Gates letter,’ known as Gates Notes

Climate change, N-threat push `Doomsday Clock' 3 minutes closer to Zero-hour

Climate change, N-threat push `Doomsday Clock' 3 minutes closer to Zero-hour

23 Jan 2015

The Science and Security Board of the Bulletin of Atomic Scientists cited unchecked climate change and global nuclear weapons modernisation as the basis for its decision to move the minute hand of the historic `Doomsday Clock' forward two minutes

ECB announces trillion-euro bond purchase programme

23 Jan 2015

India, US have mature relationship despite niggles: Jaitley

23 Jan 2015

Saudi Arabia’s King Abdullah dead, son Salman succeeds to throne

Saudi Arabia’s King Abdullah dead, son Salman succeeds to throne

23 Jan 2015

Saudi Arabia's ruler King Abdullah pushed the kingdom's economic development and oversaw its accession to the World Trade Organization, while challenging conservatives with moves such as including women in the Shura Council

Pakistan bans Jamaat-ud-Dawa, Haqqani Network

22 Jan 2015

Russian ‘spy’ ship docks in Havana ahead of US-Cuba talks

22 Jan 2015

Vietnam, India eye $15-bn bilateral trade by 2020

21 Jan 2015

IMF backs World Bank: India to outstrip China’s growth by 2016

20 Jan 2015

IMF revises global growth downward to 3.5% in 2015, despite cheaper oil

IMF revises global growth downward to 3.5% in 2015, despite cheaper oil

20 Jan 2015

IMF sees sharp divergence between the United States, on the one hand, and the euro area and Japan, on the other

“Doomsday Clock” minute hand to move again?

20 Jan 2015

World’s richest 1% will own more wealth than remaining 99% by 2016: Oxfam

19 Jan 2015

WTO should be more responsive to development needs: Nirmala Sitharaman

16 Jan 2015

India could match China’s growth within two years: World Bank

14 Jan 2015

World Bank lowers global forecast; US and UK to lead growth

World Bank lowers global forecast; US and UK to lead growth

14 Jan 2015

Despite the lowest oil prices in decades, the global economy has been more sluggish than expected since the 2007-2009 global financial crisis

Oil price slump could make Keystone XL pipeline redundant

Oil price slump could make Keystone XL pipeline redundant

14 Jan 2015

With oil prices plunging to around $46 a barrel on Tuesday, TransCanada Corp's controversial $8-billion Keystone XL pipeline across the US could turn into a white elephant

US shamed over diplomatic misstep at Paris rally; France probes spy failures

13 Jan 2015

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