World economy
Ireland to accelerate shrinking of banks: report
06 Dec 2010
Spain approves new austerity measures; says no need to tap EU fund
04 Dec 2010
Spain, euro zone’s fourth-largest economy, has unveiled further measures to contain the budget deficit and avoid the contagion spreading from Ireland to the Iberian Peninsula
India should help coordinate global efforts for sustainable growth: Strauss Kahn
03 Dec 2010
'The downside risks of decoupling growth from major economies would be too great, not just for these economies, but for the world as a whole'
Nouriel Roubini expects India’s growth to outpace China's within 10 years
03 Dec 2010
Roubini joins Morgan Stanley in projecting a faster pace of growth for India, which is driven by domestic demand, over China's export-led growth
Portugal says does not need bailout as debt crisis spreads
03 Dec 2010
Prime Minister Jose Socrates says Portugal does not need aid, even as investors worry that it may be next in line for a bailout, along with Spain, Belgium, and even Italy
UK manufacturing up at 16 year peak
01 Dec 2010
Irish Bailout: who next?
30 Nov 2010
The long and short of the sorry situation is that having botched two bailouts so far, the EU seems destined to repeat the mistake a third time, unless it makes clear that there is a problem with certain countries and starts dealing with it, writes CNN anchor and London correspondent Richard Quest, in an exclusive column for domain-b
Global climate change talks begin at Cancun
30 Nov 2010
Obama seeks first two-year pay freeze in US history for federal workers
30 Nov 2010
Ceding to political pressure from the Republicans, the Obama administration has proposed the first two-year pay freeze in US history for federal workers in a bid to cut the $1.3-trillion budget deficit
Ireland succumbs to EU, IMF on €85-bn bailout
29 Nov 2010
Irish crisis forces Portugal to adopt austerity budget for 2011
27 Nov 2010
In a bid to avoid a potential bailout, Portugal's parliament has given into to EU pressure to adopt an austerity budget for 2011
Japan export growth slows
25 Nov 2010
Japan has reported slower growth in exports for October than forecast, indicating a weakening of the growth engine mainly responsible for leading the nation’s recovery out of global recession.
World trade growth loses steam
25 Nov 2010
There is rising concern about the loss of momentum in world trade growth with a monthly index report saying global goods trade had slowed to its smallest expansion rate since the steep drop in Q2 of 2009.
Ireland unveils 4-year ‘National Recovery Plan’ for €85-billion bailout
25 Nov 2010
Yielding to the demand of the EU and the IMF, the Irish government will reduce its budget deficit to 3 per cent of GDP by the end of 2014 from around 12 per cent currently, raise taxes and cut spending in social welfare and public works
US economy to grow at 3 to 3.6 % in 2011
24 Nov 2010
Deciphering the Seoul Summit
22 Nov 2010
When the US introduces policies which might actually help its recovery, or at least prevent things from getting worse again, countries like Brazil and China are up in arms claiming that the US is exporting its problems, writes CNN anchor and London correspondent Richard Quest, in an exclusive column for domain-b.
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