World economy
Moody's lowers ratings of six German states
26 Jul 2012
As the economies of Europe continue to weaken, Moody's has downgraded six of Germany's 16 state governments to negative due to their close fiscal ties with the federal government, whose outlook was downgraded two days ago
Ofcom unveils 4G spectrum auction rules
25 Jul 2012
Moody’s lowers outlook on eurozone rescue fund
25 Jul 2012
The rating agency has also lowered the economic outlook of a host of German states owing to the interdependence between the states and the federal government.
Global super rich hiding $21 trillion offshore: report
24 Jul 2012
While many of the tax-avoiding rich hail from Europe and North America, the newly wealthy in China and India, have siphoned off enough in the last 40 years to pay off their countries' respective debts
IMF economist slams Fund over failure on euro zone
21 Jul 2012
`The IMF had over-stretched by lending to Europe without exercising the same level of independence it would normally apply in bailouts to emerging economies’
China plans to invest £35 bn on five nuclear reactors in the UK: report
21 Jul 2012
Chinese nuclear firms are considering investing £35 billion ($54.5 billion) in building up to five nuclear reactors in the UK, reveals a UK media report
Republicans stall Obama legislation to curb outsourcing of jobs
20 Jul 2012
With 42 legislators voting against, the bill fell four short of the 60 votes needed to bring it to a debate in the US Senate
Violence returns to Pakistan's major cities
20 Jul 2012
The withdrawal of NATO forces from Pakistan will create a major security crisis for Pakistan, which is weakened and is racing to stabilise its side of the border before the 2014 deadline. By Ben West and Kamran Bokhari. Republished with permission of STRATFOR
China pledges $20-bn in credit to Africa
20 Jul 2012
India's role in AIDS control commended
19 Jul 2012
With free ART treatment to people affected by the disease, the cost of AIDS treatment in India is the cheapest
China puts ONGC-PetroVietnam block in South China Sea on auction
18 Jul 2012
OVL has two deepwater operating blocks in the South China Sea, off the Vietnam coast - Block 0.61 and Block 128 - which are 45 per cent and 100 per cent, respectively, owned by OVL
IMF sees India’s growth slowing to 6.1 per cent in 2012
16 Jul 2012
The latest World Economic Outlook projects global economic growth at 3.5 per cent this year, down 0.1 percentage point from the April forecast
Asean summit split over South China Sea dispute
14 Jul 2012
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