World economy

Brazil’s ex-president Lula narrowly fails in bid to stay out of jail

Brazil’s ex-president Lula narrowly fails in bid to stay out of jail

05 Apr 2018

Brazil’s top court early today rejected former president Luiz Inacio Lula da Silva’s plea to stay out of prison while he appeals a corruption conviction, in a vote that likely ends his political career and deepens divisions in the country 

China retaliates with 25% import duty on $50-bn worth of US goods

China retaliates with 25% import duty on $50-bn worth of US goods

04 Apr 2018

By targeting high-tech sectors that Beijing wants to promote, the US is signalling that its strategic aim is to prevent China from gaining global technological leadership

Government will not buckle to striking rail workers, says French PM

04 Apr 2018

Saudi crown prince defends Israel in rift with Iran

Saudi crown prince defends Israel in rift with Iran

03 Apr 2018

Saudi Arabia’s crown prince Mohammed bin Salman has said the Jewish people have a right to their ‘own land,’ as he sought an ally against the Ayatollah Khamenei-led Islamic Republic of Iran

China responds to US steel tariff with duty hike on US pork, fruits

China responds to US steel tariff with duty hike on US pork, fruits

02 Apr 2018

Escalating the trade dispute, China on Monday retaliated to US President Donald Trump’s duty on Chinese steel and aluminium by raising import duties on US pork, apples and other products worth an annual $3 billion

A decade after housing bust, mortgage industry on shaky ground, experts warn

02 Apr 2018

Skripal skirmish shatters Russia’s ties with the West

31 Mar 2018

Russia has ordered the expulsion of more than 150 diplomats from two-dozen western nations in retaliation for similar action taken against its diplomats

US govt to scan social media profiles of all visa applicants

US govt to scan social media profiles of all visa applicants

31 Mar 2018

If approved, applicants will also be required to submit five years of previously used telephone numbers, email addresses and their international travel history besides cases of deportation or terrorist activities, including those of family members

Pakistan PM Shahid Khaqan Abassi frisked at US airport

28 Mar 2018

Tough measures against Pak likely after Bolton’s appointment as NSA

27 Mar 2018

140 Russian diplomats kicked out of US, Europe, Australia

140 Russian diplomats kicked out of US, Europe, Australia

27 Mar 2018

The poisoning of a Russian double agent in London, allegedly by his former employees in Moscow, has led to a sudden spurt in tension between the West and the Vladimir Putin regime

Seven Pakistani companies red-flagged by US Bureau of Industry, Security

26 Mar 2018

Cambridge Analytica misled MPs, public in UK, says former top employee

26 Mar 2018

Great Recession heightened cardiovascular risk factors: study

26 Mar 2018

Bengaluru cheapest city in the world, Singapore most expensive

24 Mar 2018

America’s new NSA is ‘rigid, bombastic ideologue’

America’s new NSA is ‘rigid, bombastic ideologue’

24 Mar 2018

Diplomats and analysts worry that the Trump-Bolton combine could wreck US foreign policy, resulting in disastrous moves that could destabilise the delicate balance of power around the globe

China hits back at Trump’s imposition of tariffs on its products

China hits back at Trump’s imposition of tariffs on its products

23 Mar 2018

Trump blames China for the loss of six million jobs and the shutting down of 60,000 factories in the US as trade between the US and China has shot up from about $115 billion in 2000 to $635 billion today

Life has become ‘hell’ for former French President Sarkozy

Life has become ‘hell’ for former French President Sarkozy

22 Mar 2018

Former French President Nicolas Sarkozy claims life has become living hell since allegations surfaced of his having taken illegal money from Libyan dictator Muammar Gaddafi

After McCabe sacking, Republicans warn Trump not to fire Mueller too

19 Mar 2018

Bangla SC stays Khaleda Zia's release on bail for 20 days

Bangla SC stays Khaleda Zia's release on bail for 20 days

19 Mar 2018

The Bangladesh Supreme Court has stayed the release of former prime minister Khaleda Zia on bail in a corruption case in which she was sentenced to five years in jail

Putin basks in landslide poll victory, opposition cries foul

Putin basks in landslide poll victory, opposition cries foul

19 Mar 2018

Vladmir Putin’s victory in the presidential election came as his most serious challenger was banned and amid reports of ballot-stuffing, but it gives him at least another six years in power amid increasingly strained relations with the West

Romanian court tells 63-yr-old man he’s dead; no appeal

Romanian court tells 63-yr-old man he’s dead; no appeal

17 Mar 2018

In a Kafkaesque situation, a court in Romania told Constanin Relieu he is officially dead – rejecting his claim that he is alive, though his personal appearance in court should have been evidence enough

Iran invites Pakistan, China to join India in Chabahar port project

Iran invites Pakistan, China to join India in Chabahar port project

14 Mar 2018

In a move that is bound to raise hackles in New Delhi, Iran has invited China and Pakistan to participate in the development of the strategic Chabahar port, which is being built by India for the purpose of bypassing Pakistan

Iran invites Pakistan, China to join India in Chabahar port project

Iran invites Pakistan, China to join India in Chabahar port project

14 Mar 2018

In a move that is bound to raise hackles in New Delhi, Iran has invited China and Pakistan to participate in the development of the strategic Chabahar port, which is being built by India for the purpose of bypassing Pakistan

Trump replaces Rex Tillerson with CIA chief Mike Pompeo as Secretary of State

Trump replaces Rex Tillerson with CIA chief Mike Pompeo as Secretary of State

13 Mar 2018

Trump announced the change in a tweet early Tuesday just four hours after Tillerson returned to Washington from a trip to Africa

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