World economy
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
Indian-origin Maya Harris on Hilary Clinton advisory team
17 Apr 2015
Maya Harris, 46, a former senior fellow at the Center for American Progress (CAP), is the younger sister of Kamala Harris, the Attorney General of California
Japan becomes largest foreign government buyer of US debt
17 Apr 2015
China, which earlier was the largest buyer of US government debt, used the bonds to subsidise its export industries, a central element to the "currency manipulation” US officials often complained about
China registers 6-year low in GDP growth
15 Apr 2015
Hilary Clinton’s stature seen as both asset and liability
13 Apr 2015
Hilary Clinton’s prominence, and lack of serious rivals in the Democratic Party, may help her presidential bid; but at the same time her well-publicised past will provide fodder for the Republicans
Households in UK use 7.4 internet devices: study
11 Apr 2015
French court orders HSBC to pay $1.1-bn bail over Swiss tax scandal
10 Apr 2015
French authorities have started a formal criminal probe on British banking giant HSBC Holdings Plc over alleged tax evasion by its subsidiary Swiss private bank in 2006-2007
Consumer spending expected to rise in UK
09 Apr 2015
Scandals cost UK banks £39 bn
09 Apr 2015
The global oil price drop may last for the next couple decades, says Stanford economist
08 Apr 2015
Stanford economist Frank Wolak says the drop in oil prices and demand reflects heightened energy production in North America, better technologies and the declining market power of the OPEC countries
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India’s Oil Balancing Act: Refiners Rebuild Middle East Supply Lines as Russia Flows Disrupt
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India’s refiners are rebalancing crude sourcing as Russian imports fell to a two-year low in December 2025, lifting OPEC’s share and raising geopolitical risk concerns.
Arctic Fever: How ‘Greenland Tariff’ Politics Sparked a Global Flight to Safety
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Greenland-linked tariff threats have injected fresh uncertainty into transatlantic trade, triggering a risk-off shift in markets and reshaping global supply chain planning.
