World economy
![Moody’s downgrading of Greece draws flak from Athens Moody’s downgrading of Greece draws flak from Athens](/economy/worldeconomy/images/greek_flag_domain-b.jpg)
Moody’s downgrading of Greece draws flak from Athens
08 Mar 2011
Moody's downgrading of Greece’s credit rating by three notches has angered the Greek government, prompting the country’s finance ministry to call for tighter regulation of rating agencies.
China’s January inflation at 4.9 per cent
07 Mar 2011
![China opts for shift in economic policy China opts for shift in economic policy](/economy/worldeconomy/images/wen_jiabao_sm_domain-b.jpg)
China opts for shift in economic policy
07 Mar 2011
The Chinese prime minister pointedly made references to issues such as inflation, which threatened both social stability and economic growth during the the annual National People's Congress held over the week end
UK confirms annual aid to India
05 Mar 2011
![China pre-empts protests with warnings, crackdown China pre-empts protests with warnings, crackdown](/economy/worldeconomy/images/china_flag_05_sm_domain-b.jpg)
China pre-empts protests with warnings, crackdown
05 Mar 2011
Warning against calls for Middle East-type pro-democracy protests, the Chinese government tightens censorship, strengthens security in Beijing and imposes new restrictions on foreign reporters
![George Soros urges West to back Mid-East rebels George Soros urges West to back Mid-East rebels](/people/in_the_news/images/george_soros_sm_domain-b.jpg)
George Soros urges West to back Mid-East rebels
05 Mar 2011
One of the world's most powerful investors wants western governments to be more proactive in supporting change in the Middle East
![Brazil’s GDP expands 7.5 per cent in 2010; becomes the world’s 7th largest economy Brazil’s GDP expands 7.5 per cent in 2010; becomes the world’s 7th largest economy](/economy/worldeconomy/images/dilma_rousseff_sm_domain-b.jpg)
Brazil’s GDP expands 7.5 per cent in 2010; becomes the world’s 7th largest economy
05 Mar 2011
The world’s fifth-largest nation recorded a 7.5-per cent annual GDP growth in 2010, becoming the world’s seventh-largest economy
![China secures massive deliveries of Turkmen gas for the future China secures massive deliveries of Turkmen gas for the future](/industry/oil_gas/images/turkmenistan_domain-b.gif)
China secures massive deliveries of Turkmen gas for the future
04 Mar 2011
China will boost its future annual natural gas purchases from Turkmenistan to 60 billion cubic meters, equivalent to more than half its entire natural gas consumption last year.
![Bernanke warns against US budget-cutting on education and training Bernanke warns against US budget-cutting on education and training](/economy/worldeconomy/images/ben_s_bernanke_sm_domain-b.jpg)
Bernanke warns against US budget-cutting on education and training
03 Mar 2011
Research increasingly has shown the benefits of early childhood education and efforts to promote the lifelong acquisition of skills for both individuals and the economy as a whole
![Yunus removed as Bangladesh Grameen Bank MD Yunus removed as Bangladesh Grameen Bank MD](/people/in_the_news/images/muhammad_yunus_sm_domain-b.gif)
Yunus removed as Bangladesh Grameen Bank MD
02 Mar 2011
Grameen Bank said Yunus was staying on while its government-appointed chairman said the order has been implemented
![India-ASEAN target $70bn bilateral trade by 2012 India-ASEAN target $70bn bilateral trade by 2012](/economy/worldeconomy/images/business_conclave_sm_domain-b.jpg)
India-ASEAN target $70bn bilateral trade by 2012
02 Mar 2011
India and the 10-nation ASEAN bloc have stated their aim to increase bilateral trade to a whopping $70 billion, a boost of 40 per cent, by 2012.
India extends $50 million loan to Zambia
01 Mar 2011
![India’s Africa connect moves apace India’s Africa connect moves apace](/economy/worldeconomy/images/africa_march_sm_domain-b.jpg)
India’s Africa connect moves apace
01 Mar 2011
India seems intent on making up for lost time in Africa, announcing a spate of agreements with nations on the continent
![UK aid to India under scrutiny UK aid to India under scrutiny](/economy/worldeconomy/images/uk_flag_domain-b.jpg)
UK aid to India under scrutiny
01 Mar 2011
The United Kingdom government will today outline plans which will stop direct development aid to 16 countries and freeze the level of assistance being provided to India
![China holds far more US debt than previously estimated China holds far more US debt than previously estimated](/economy/worldeconomy/images/dollar_domain-b.jpg)
China holds far more US debt than previously estimated
01 Mar 2011
The United States of America is far more indebted to China than originally thought after a major upward revision by the US Treasury Department.
![Unrest won’t put skids on oil supply: Qatar Unrest won’t put skids on oil supply: Qatar](/industry/oil_gas/images/oil_tanker_sm_domain-b.jpg)
Unrest won’t put skids on oil supply: Qatar
28 Feb 2011
Quashing fears of supply disruption from Libya, where revolt against President Gaddafi has virtually halted exports, Qatar energy minister Mohammed Saleh al-Sada says that OPEC and non-OPEC oil producers have plenty of oil available and there was no reason for nervousness in the market
![Trade accelerated in fourth quarter of 2010: OECD Trade accelerated in fourth quarter of 2010: OECD](/economy/worldeconomy/images/ports_feb_sm_domain-b.jpg)
Trade accelerated in fourth quarter of 2010: OECD
24 Feb 2011
Chinese imports, however, far exceeded its exports, reducing the country's quarterly trade surplus by $17 billion to $41 billion.
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India’s Millet Revolution To Enrich Global Food Basket
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Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
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History of hovercraft Part 3...
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