World economy

S African regulator probes global banks for forex rate fixing

S African regulator probes global banks for forex rate fixing

20 May 2015

The banking giants under probe include BNP Paribas SA, Citigroup Inc, Barclays Bank Plc, JP Morgan Chase & Co, Investec Ltd, Standard New York securities Inc, and Standard Chartered Plc

Iraq, Iran join forces to retake Ramadi from ISIS militants

Iraq, Iran join forces to retake Ramadi from ISIS militants

18 May 2015

Iran's defence minister GenHossein Dehghan also flew to Baghdad on a surprise visit for urgent talks with Iraqi leaders

A “graduation” from poverty

A “graduation” from poverty

18 May 2015

Known as the “Graduation” program, the study was aimed at testing whether helping the poor in multiple ways simultaneously could be especially effective in fighting poverty

Nomura, RBS ordered to pay $806 mn to housing finance agency

18 May 2015

Nepal sees $10-bn loss in quake; UN calls for continued aid

Nepal sees $10-bn loss in quake; UN calls for continued aid

16 May 2015

The devastating 25 April earthquake and the subsequent aftershocks have caused losses of  around $10 billion to the Himalayan nation

US Marines' helicopter on relief mission missing in Nepal

13 May 2015

Terrorists gun down 47 Shia Ismaili Muslims in Karachi bus attack

13 May 2015

Global petrochemical prices up 10% in April from March

12 May 2015

Nomura, RBS sold faulty mortgages to Freddie Mac, Fannie Mae: US district judge

12 May 2015

Citigroup may plead guilty in rate-rigging case

Citigroup may plead guilty in rate-rigging case

12 May 2015

Citigroup Inc, the third-largest bank in the United States, said in a filing on Monday it could plead guilty to charges of rigging foreign currency markets to make quick profits

WHO declares Liberia Ebola-free

11 May 2015

Global petrochemical prices rise in March after 6-month fall

11 May 2015

China cuts interest rates to spur growth

China cuts interest rates to spur growth

11 May 2015

China's growth is weighed down by the slump in property market, high levels of local government debt and slackening manufacturing

Russia celebrates WW II victory over Nazi Germany, West boycotts

09 May 2015

Cameron victory a huge boost to UK property market

09 May 2015

US justice department probes entire Baltimore police department

09 May 2015

Obama pitches for Trans-Pacific Partnership at Nike factory

09 May 2015

David Cameron’s Conservatives clinch majority in UK polls

David Cameron’s Conservatives clinch majority in UK polls

08 May 2015

David Cameron promised to govern as the party of “one nation, one United Kingdom - to make Britain a place where a good life is in reach for everyone who is willing to work and do the right thing

Envoys of Norway, Philippines among 6 killed as Pak Taliban downs military copter

08 May 2015

Pakistani Taliban claims to have shot down a Pakistani military helicopter, killing six people, including the envoys of Norway and the Philippines

Conservatives set to win UK polls again

Conservatives set to win UK polls again

08 May 2015

David Cameron is all set to return to 10 Downing Street, as the Conservative Party defied forecasts of a hung parliament, gaining votes in England and Wales

How British elections represent the State of Europe

How British elections represent the State of Europe

08 May 2015

The British elections represent the current state of Europe. There is the deep ambivalence about the European Union and the rise of the anti-European parties not yet ready to govern but still affecting the system (as shown by Cameron's promise to hold a referendum on Britain's EU membership). By George Friedman. Republished with permission

UK looks set for hung parliament as polls give narrow lead for Labour Party

07 May 2015

China seeks India’ s cooperation on seabed mining

07 May 2015

Brazil probes Petrobras board members as economy prepares to embrace recession

06 May 2015

California adopts tough water rules to fight drought

California adopts tough water rules to fight drought

06 May 2015

For the first time in the history of California, the state has imposed severe water-use restrictions to cope with the drought

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