World economy
US March trade deficit hits $51.5 billion
05 May 2015
The resolution of a labour dispute in key West Coast ports, a stronger dollar and record high imports of capital and consumer goods all combined to push up US trade deficit to the highest since October 2008
Russia ratifies Brics’ $100-bn reserve fund
04 May 2015
Fresh 5.0 tremor hits Nepal’s Pokhara region; thousands still missing
02 May 2015
The US Geological Survey today recorded the 5.0 magnitude earthquake with its epicentre near Pokhara, in Nepal
Corruption decreases technology adoption in emerging markets
30 Apr 2015
Corruption’s hidden costs on the economy, growth, and development may be even bigger than the visible and known effects, notes s new study co suthored by professors K Sudhir , Yale School of Management, and Debabrata Talukdar, State University of New York at Buffalo
US posts anaemic 0.2% GDP growth in Q1
30 Apr 2015
Fed keeps interest rate unchanged at 0-0.25%
30 Apr 2015
The US Federal Reserve on Wednesday decided to leave the interest rate on federal funds unchanged at 0 to 0.25 per cent
Microsoft results: Cloud rises, Windows declines
25 Apr 2015
Microsoft’s cloud computing operations saw strong signs of growth last quarter, while devices and consumer licensing segment fell 20.7 per cent
Japan's Abe, China's Xi meet raising hopes of a thaw in tensions
22 Apr 2015
Abe, however, took a veiled swipe at China, saying the international community should "never allow to go unchecked the use of force by the mightier to twist the weaker around"
Sanctions to cost Russia $106 bn
22 Apr 2015
The cost of the West-imposed sanctions to Russia has been estimated at $106 billion by Russian prime minister Dmitry Medvedev
India ‘deeply disappointed’ by lack of IMF reforms
20 Apr 2015
India has expressed deep disappointment that the International Monetary Fund has failed to implement quota and governance reforms that would give India a greater say in the global lender to reflect the country's growing economic might
After 10,000 Ebola deaths, WHO accepts failure to respond
20 Apr 2015
The World Health Organisation (WHO) plans a to set up a 1,000-strong response team to deal with future emergencies, after its weak response to the Ebola crisis devastated Western Africa
China President Xi Jinping visits Pak with $46 bn in kitty
20 Apr 2015
The focus of the spending is on building a China-Pakistan Economic Corridor, a network of roads, railway and pipelines between the two nations running some 3,000km from Gwadar in Pakistan to China's western Xinjiang region
Russia denies gas pipeline deal with Greece
20 Apr 2015
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