World economy

China opens Nathu La route for Kailash Mansarovar pilgrims

China opens Nathu La route for Kailash Mansarovar pilgrims

22 Jun 2015

The existing Lipulekh Pass stands badly damaged after the 2013 floods in Uttarakhand and the new route will enable pilgrims to travel the 1,500 km from Nathu La to Kailash by buses

Economic impact of global conflicts crosses 14.3% of world GDP

Economic impact of global conflicts crosses 14.3% of world GDP

22 Jun 2015

The impact of violence on the global economy reached $14.3 trillion or 13.4 per cent of global GDP in the last year, equivalent to the combined economies of Brazil, Canada, France, Germany, Spain and the UK

World entering 6th mass extinction

World entering 6th mass extinction

By By Rob Jordan, Stanford Woods Institute for the En | 20 Jun 2015

We are now entering the sixth great mass extinction, warn researchers and call for urgent action to conserve threatened species, populations and habitats, but warn that the window of opportunity is rapidly closing

Biofuel crops replace grasslands

20 Jun 2015

Greece told to accept deal with international creditors or face default

20 Jun 2015

China eyes Chittagong port via rail corridor to Bangladesh

China eyes Chittagong port via rail corridor to Bangladesh

19 Jun 2015

The Kunming-Kolkata link, a part of the China-Myanmar-Bangladesh Economic Corridor aimed at boosting trade and investment, is also aimed at providing China access to Bangladesh's Chittagong port

Chinese bank to join lenders’ group to set global gold prices

18 Jun 2015

UK’s £2 trillion pension scheme liabilities outstrip nation’s GDP

16 Jun 2015

Nepal quakes push a million below poverty line

Nepal quakes push a million below poverty line

15 Jun 2015

Losses to Nepal's economy, including tourism, from its worst disaster on record stand at nearly $7 billion

UK risks loosing triple-A rating if it exits EU: S&P

UK risks loosing triple-A rating if it exits EU: S&P

13 Jun 2015

The UK stands a greater risk of losing its triple-A credit rating if it leaves the EU, says S&P, the only big ratings agency which still gives the UK the top ranking

Zimbabwe phases out its dollars, pays $5 for Z$175,000,000,000,000,000

Zimbabwe phases out its dollars, pays $5 for Z$175,000,000,000,000,000

13 Jun 2015

Zimbabwe is phasing out its local currency and formalising a multi-currency system introduced during hyper-inflation

IMF board defers decision on emerging countries' voting rights

13 Jun 2015

Michigan hit by worst US avian flu outbreak

12 Jun 2015

World Bank sees slower global growth, urges Fed to wait on rates

11 Jun 2015

US tech sector likely to take bigger hit from NSA surveillance than estimated

10 Jun 2015

Economists await release of Chinese economic indicators with bated breath

10 Jun 2015

Researchers warn G7 leaders on disease preparedness

10 Jun 2015

MERS cases in South Korea rise to 95, seven dead

09 Jun 2015

Japanese growth overtakes projections, as firms boost investment

08 Jun 2015

India asks its citizens to leave Saudi city of Najran

India asks its citizens to leave Saudi city of Najran

08 Jun 2015

India has asked its citizens in conflict-hit Saudi Arabian city of Najran bordering Yemen to leave immediately, following a missile attack on the province by Houthi rebels from Yemen

BCC cuts forecast for UK’s economic growth

06 Jun 2015

US surgeons perform unprecedented kidney swap on nine individuals

06 Jun 2015

US economy added 280,000 jobs in May

06 Jun 2015

US federal judge refuses to block lawsuit by Alaskan mining company

06 Jun 2015

S Korea schhols closed on MERS fears as five new cases reported

05 Jun 2015

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