World economy
Portugal decides to exit from EU-IMF bailout
05 May 2014
The European Commission applauded the decision and said it would "support the government and the Portuguese people"
Independent Scotland to get “A” rating: Moody’s
03 May 2014
Fed pares May bond purchase limit to $45 bn
02 May 2014
The Federal Reserve on Wednesday announced a $10-billion reduction in its monthly bond-buying programme
Sanctions on Russia likely on Monday as G-7 agrees to ‘move swiftly’
26 Apr 2014
The leaders of the Group of Seven major economies have agreed to “move swiftly” to impose further sanctions on Russia over the Ukraine crisis
US weighing penal action against India over drug IP issue
21 Apr 2014
US drug majors are upset with India's patent law, which refuses to grant patents for incremental innovations
Shell's Sakhalin-2 project expansion gets Putin's support
19 Apr 2014
Russian president, Vladimir Putin yesterday promised support to Shell chief executive officer Ben van Beurden’s plan to expand the Sakhalin-2 oil and gas project in Russia’s Far East, at a meeting at his residence near Moscow
Lesson to India: China admits nearly 20% of farmland polluted
19 Apr 2014
About 16.1 per cent of soil and 19.4 per cent of farmland in mainland China is polluted, according to an official government report released this week.