World economy

Saudi Arabia to spend $500 bn on futuristic city with fully green power

Saudi Arabia to spend $500 bn on futuristic city with fully green power

26 Oct 2017

Saudi Arabia is getting into the city-building business with a new mega-city that will span three different countries and be powered completely by alternative or green energy

Xi Jinping gets fresh 5-year term, name added to Chinese constitution

Xi Jinping gets fresh 5-year term, name added to Chinese constitution

24 Oct 2017

President Xi Jinping has emerged stronger than ever as an amendment to the constitution made his ideology a new component of the Communist Party of China’s guide for action, while Premier Li Keqiang also won a fresh term

China asks Pak to beef up security for its envoy amid threats

23 Oct 2017

Abe’s big election win bolsters Japanese markets

Abe’s big election win bolsters Japanese markets

23 Oct 2017

Prime Minister Shinzo Abe who assumed office in December 2012, now looks set to secure a third three-year term as LDP leader next September and go on to become Japan’s longest-serving premier

Hawaii judge again overturns Trump’s latest travel ban

18 Oct 2017

US sees key role for India in ending Pak terror havens: Haley

18 Oct 2017

Don’t push for veto power in UN, Nikki Haley tells India

Don’t push for veto power in UN, Nikki Haley tells India

18 Oct 2017

'The key to getting India on the UN Security Council would have to be not to touch the veto,’ says US Ambassador to the United Nations Nikki Haley, adding that the five nations with veto power are unwilling to share it

Russia to issue its own ‘CryptoRuble’: report

Russia to issue its own ‘CryptoRuble’: report

17 Oct 2017

The CryptoRouble, however, could not in any way be seen as an affirmation or legalisation of Bitcoin or any other decentralised cryptocurrency, which will remain banned in Russia

Warming seas could lead to 70% increase in hurricane-related financial loss

Warming seas could lead to 70% increase in hurricane-related financial loss

16 Oct 2017

If oceans warm at a rate predicted by a UN-sponsored group that assesses climate change research, expected financial losses caused by hurricanes could increase to $12 billion by 2100

Trump inks executive order to bypass Congress, undercut Obamacare

Trump inks executive order to bypass Congress, undercut Obamacare

13 Oct 2017

Trump’s order cuts off subsidies to health insurance companies for low-income patients and instead lets small businesses band together to buy cheaper, less regulated health plans for their employees, which, however, may not be available until 2019

Amazon to hire 120,000 workers in 33 US states for holiday sales

13 Oct 2017

Scientists find gold in Swiss sewage system

13 Oct 2017

World's 'better' countries have higher rates of cancer

World's 'better' countries have higher rates of cancer

12 Oct 2017

The world's "better" countries, with greater access to healthcare, experience much higher rates of cancer incidence than the world's "worse off" countries, according to new research

UK Farm incomes could halve after Brexit: Report

12 Oct 2017

Global economic recovery gaining pace: IMF

11 Oct 2017

Proof of Russian meddling in US poll grows; Google, Microsoft to probe

Proof of Russian meddling in US poll grows; Google, Microsoft to probe

11 Oct 2017

The revelations add to the evidence that the Russian disinformation campaign had not only multiple targets among US technology companies but also multiple centres of operations

US budget face-off may open window of hope for ‘Dreamers’

10 Oct 2017

WTO: India to push food security issue

WTO: India to push food security issue

09 Oct 2017

India, particularly, will insist that a permanent solution on public stock holding be one of the deliverables in Buenos Aires as was promised at the Ministerial meets in Nairobi and Bali

Nobel Peace Prize awarded to anti-Nuke campaign group ICAN

Nobel Peace Prize awarded to anti-Nuke campaign group ICAN

06 Oct 2017

The Nobel Committee cited a rising risk of nuclear war and the spread of weapons in the light of the North Korean threat to bestow the 2017 Nobel Peace Prize on the campaign group seeking a global ban on nuclear arms

Russia in $3-bn missile defence deal with Saudi Arabia

Russia in $3-bn missile defence deal with Saudi Arabia

06 Oct 2017

Saudi Aramco and Russian oil companies also signed several agreements on oil technology amidst new developments on the energy front that tend to put a squeeze on oil demand

Another bump for Trump: court rejects bid to delay methane emission cuts

05 Oct 2017

Equifax mass ID theft leads US to rethink on Social Security number

Equifax mass ID theft leads US to rethink on Social Security number

05 Oct 2017

White House cybersecurity coordinator Rob Joyce says the US should end Social Security numbers as an identification method and move on to something more modern – though experts say India’s Aadhaar is not secure enough to be the answer

India extends $4.5-bn third line of credit to Bangladesh

05 Oct 2017

UN to seek $430 mn in aid for up to 1.2 mn Rohingya refugees

04 Oct 2017

US gives Pakistan “one more" chance to stop hurting India, others

04 Oct 2017

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