World economy
US Fed makes $14 billion from bailouts: report
01 Sep 2009
The US government has actually profited from the global financial collapse as the US Federal Reserve is reported to have made a profit of $14 billion from distress loans
India not to concede ground on agriculture at WTO meet
31 Aug 2009
India will not agree to any change in the approach to the ‘Doha Round’ of trade negotiations, as it prepares to host a ‘mini-summit’ in advance of the next round of international trade talks. Jagdeep Worah reports
UK may pledge additional $11billion to IMF
31 Aug 2009
Global steel industry shows signs of recovery: WSA
31 Aug 2009
In July, almost all the major steel-producing countries - including China, Japan, Germany, the US, Brazil, Turkey, Russia and Ukraine - showed their highest monthly figures so far this year
France extracts names of 3,000 French tax evaders from Switzerland
31 Aug 2009
The French tax authorities believe that the 3,000 suspected French tax evaders hold assets worth €3 billion in Swiss banks
IMF allocates $250 billion in SDRs to members
31 Aug 2009
China overtakes Germany as the world’s largest exporter
29 Aug 2009
With exports of $521.7 billion in the first half of 2009, China has become the world's largest exporter, overtaking Germany
After the US, now France breaches Swiss banking secrecy
28 Aug 2009
France struck a fresh blow to Switzerland’s banking secrecy yesterday as Berne agreed to give Paris the names of French citizens suspected of tax evasion
FDIC puts 416 US financial institutions on ‘troubled banks’ list
28 Aug 2009
The number of troubled banks in the US has risen to 416 at the end of June from 305 at the end of March, the highest level in 15 years
Not doom and dismay everywhere
27 Aug 2009
Having spent the depths of the recession in moribund Europe, it is a real surprise to find that it is not doom and dismay everywhere, says CNN London correspondent, Richard Quest, in this exclusive coloumn for domain-b
US deficit projected at $1.6 trillion
26 Aug 2009
Fuelled by president Barack Obama's $787-billion stimulus package and reduced tax revenues due to the recession, the US budget deficit is projected to soar to almost $1.6 trillion this year
Bernanke gets a second term as Fed chief
25 Aug 2009
Ben Bernanke, the man whose aggressive action to avert economic catastrophe after the financial meltdown, is back at the helm of the US Federal Reserve
Obama likely to extend Bernanke’s term
25 Aug 2009
ASEAN deal not a sell-out, says Pranab
24 Aug 2009
UK recession 'over' as business confidence jumps: study
24 Aug 2009
Recession in the UK may be at an end, according to a study which reveals the biggest increase in confidence amongst business professionals in two years.
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