World economy

UK unemployment rises to 15-year high at 2.5 million

22 Apr 2010

G20 response to downturn led to 21 million jobs: ILO

21 Apr 2010

India, Brazil to take on China on currency valuation

India, Brazil to take on China on currency valuation

21 Apr 2010

The upcoming meet of G-20 finance officials this week will see Indian and Brazilian central bank governors fully backing the American stand on Chinese currency revaluation.

World Bank says poverty goals achievable though many countries still lag behind

21 Apr 2010

IMF moots ‘fat cat tax’ to fund future government bailouts

IMF moots ‘fat cat tax’ to fund future government bailouts

21 Apr 2010

Banks around the world could face two new taxes to cover the cost of any future bailouts under proposals by the International Monetary Fund circulated to the Group of 20 countries

IMF trims estimated cost of financial crisis to $2.3 trillion

21 Apr 2010

Oil rebounds to over $82 from three-week lows as demand for jet fuel rises

20 Apr 2010

China offers $20-billion loan to Venezuela

China offers $20-billion loan to Venezuela

19 Apr 2010

China will provide soft loans worth $20 billion to Venezuela for the development of the Latin American nation’s energy sector

EU, US plan tougher financial sector regulations

17 Apr 2010

US regulators seize eight more banks

17 Apr 2010

China ready to correct trade imbalance: Manmohan

17 Apr 2010

BRIC summit calls for overhaul of global governance

BRIC summit calls for overhaul of global governance

16 Apr 2010

BRIC reaffirmed the need for a comprehensive reform of the United Nations and its sister institutions like the IMF and the World Bank.

Dazed survivors of China quake spend chilly night in the open

By By John Vause, CNN's senior international correspo | 16 Apr 2010

China’s US debt holdings slip to lower levels

China’s US debt holdings slip to lower levels

16 Apr 2010

China has been shaving off its holdings of US government debt, now bringing it down to its lowest level over the previous nine months. For the month of February, China’s holdings were at the lowest level since June last year.

Judge okays Lehman Bros’ restructuring plan

16 Apr 2010

Obama passes $18-billion law to extend aid to jobless

Obama passes $18-billion law to extend aid to jobless

16 Apr 2010

Democrats said that many out of work Americans were unable to find jobs and that delaying what for some is their sole income in a political fight over spending was unconscionable

Protectionism to linger for two more years: WTO chief

16 Apr 2010

US economy recovering amid weak labour market: Beige Book

16 Apr 2010

US industrial production inches up 0.1 per cent in March

16 Apr 2010

PM stresses BRIC cooperation in energy, food security

PM stresses BRIC cooperation in energy, food security

16 Apr 2010

The group would resist all trade protectionism and look at increasing commerce with one another in local currencies, bypassing the US dollar

US economy recovering amid weak labour market: Beige Book

15 Apr 2010

China goes to BRIC summit with multi-million dollars energy investments in Brazil

15 Apr 2010

Obama presses for financial sector reform bill

Obama presses for financial sector reform bill

15 Apr 2010

After pushing sweeping healthcare reforms, US President Barack Obama has trained his sights on the biggest overhaul of the US financial system since the Great Depression of the 1930s

G-20 has big role to play in economic recovery: Manmohan

G-20 has big role to play in economic recovery: Manmohan

14 Apr 2010

Prime Minister Manmohan Singh today said the G-20 countries have a crucial role to play in the post-crisis period as the speed of the global economic recovery is still not sufficient.

Russia seeks Obama’s help to clear WTO hurdles

Russia seeks Obama’s help to clear WTO hurdles

14 Apr 2010

Russia has been in negotiations to enter the WTO for over 16 years, and is the only major economy outside of the global trade body.

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