World economy

04 Apr 2015

04 Apr 2015

The marathon talks between the US-led ‘P5+1’ and Iran on curtailing its nuclear programme have achieved a breakthrough, with Tehran making several concessions

02 Apr 2015

Iraq declared a "magnificent victory" on Wednesday over the Islamic State group in Tikrit, a key step in driving the militants out of their biggest strongholds

31 Mar 2015

28 Mar 2015

The proposal to build a highway from Britain to Alaska is mainly envisaged by Russia, which hopes the route will lead to economic development of the regions it covers

28 Mar 2015

The Fed, which has held short-term borrowing costs near zero since December 2008, is likely to increase borrowing costs for the first time since 2006

27 Mar 2015

27 Mar 2015

At a press conference in Berlin, the European Commission commissioner seemed to point finger at the likes of e-commerce giants Amazon, Netflix and others that may limit deals or content depending on where the consumer is located

26 Mar 2015

Saudi Arabia and its Gulf region allies from the GCC launched military operations including air strikes in Yemen, and threatened ground troops against rebels in that country

26 Mar 2015

25 Mar 2015

Canada’s second-biggest city Montreal is going ahead with its plan to construct the world’s largest ozonation waste water treatment centre

25 Mar 2015

24 Mar 2015

The United States expects the next Israeli government to end nearly 50 years of occupation and clear the way for a Palestinian state

24 Mar 2015

24 Mar 2015

Jordan has become the third Arab nation planning to use nuclear energy for peaceful purposes followed by the UAE and Egypt

23 Mar 2015

23 Mar 2015

23 Mar 2015

Allaying fears that the new bank will be a competitor to the World Bank, the IMF or existing regional development banks, World Bank managing director Mulyani Indrawati says that the global need of infrastructure is huge and the market is large enough

21 Mar 2015

21 Mar 2015

The United Nations (UN) has warned that the world will suffer a 40-per cent shortfall of potable water in 15 years unless people and nations dramatically change the way they use water

21 Mar 2015

India is determined to gain a dominant position in the Indian Ocean region by enhancing military and security cooperation in the area, a leading English daily in Beijing said today following Prime Minister Narendra Modi's visit to Seychelles, Mauritius and Sri Lanka

19 Mar 2015

With the US state facing one of its worst droughts and no relief in sight from the weather, the government is resorting to water rationing while finalising a relief plan

19 Mar 2015

While slashing its inflation outlook for 2015 and reducing expected U economic growth, the Fed indicated it prefers a more gradual path to normalizing interest rates

19 Mar 2015

In its latest interim economic assessment released yesterday, the Organization for Economic Cooperation and Development said that India is expected to be the fastest-growing major economy over the coming two years

18 Mar 2015

As California experiences the fourth year of one of the most severe droughts in recorded history, a senior NASA scientist has warned that the American state has only about one year of water left