World economy
Israel ex-PM Olmert gets 18-month sentence for graft
30 Dec 2015
Israel's former Prime Minister Ehud Olmert yesterday became the first ex-premier in the country's history to serve a jail term for graft as Israel’s top court on Tuesday upheld his conviction
Saudi Arabia sees $138-bn budget deficit for 2015 as oil plummets
29 Dec 2015
Saudi Arabia, the world's top oil exporter, is running a record budget deficit for 2015 as low oil prices dented state revenues
US south hit by severe tornadoes, 11 killed
26 Dec 2015
Turkey’s banking sector hit by Anonymous cyber attacks
26 Dec 2015
Some suggest the attacks were coming from Russia as a backlash to what happened in Turkish-Syrian border last month
Zimbabwe okays Chinese yuan as legal tender
26 Dec 2015
Over 1-mn migrants poured into EU this year
23 Dec 2015
Nepal govt to address Madhesis' concerns, amend Constitution
21 Dec 2015
The new constitution threatened to politically marginalise Madhesis, who reside in the Terai region near the border with India and constitute nearly 52 per cent of Nepal's population
Mountain of rubble collapses in China; 91 missing
21 Dec 2015
Rescuers were searching today for at least 91 missing people a day after a mountain of excavated soil and construction waste buried dozens of buildings when it collapsed and swept through an industrial park in the southern Chinese city of Shenzhen
US lifts oil export ban after 40 years; offers sops to solar and wind power
19 Dec 2015
The US Congress had imposed the ban on export of US crude in the '70s after an oil price boom sent gasoline prices soaring and led to runaway inflation
2015 creates global refugee record: UNHCR
18 Dec 2015
With almost a million people having crossed the Mediterranean as refugees, and conflicts in Syria and elsewhere adding more, 2015 exceeds all previous records for global forced displacement, the UN Refugee Agency warned in a new report today
US, Russia unite on UN resolution against ISIS
18 Dec 2015
Finance ministers from the 15 United Nations Security Council nations will adopt a plan today aimed at disrupting outside revenue that the Islamic State extremist group gets from oil and antiquities sales, ransom payments and other criminal activities
US Fed moves to end easy money policy, raises rate to 0.25-50%
17 Dec 2015
While markets have taken the rate hike in stride and were not perturbed by the Fed move to make dollar costlier, a 0.25 per cent rate is not going to make dollar costly either
India dismisses coal consumption criticism
11 Dec 2015
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India’s Millet Revolution To Enrich Global Food Basket
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