World economy
Berkshire replaces Apple as top stock in Tiger 21 survey
23 Oct 2013
Warren Buffett’s firm Berkshire Hathaway has emerged as the preferred stock among US millionaires, followed by Apple
Japan’s trade deficit at $9.5 bn in September
21 Oct 2013
Fresh turmoil in Maldives as cops block presidential poll
19 Oct 2013
Maldives sank further into political disarray today when police blocked election officials from conducting a presidential revote
China’s Q3 GDP growth picks up to 7.8%
18 Oct 2013
UK retail sales rise exceeds expectations
18 Oct 2013
House steno goes bonkers during US shutdown vote
17 Oct 2013
China’s foreign trade to slow, says ministry
17 Oct 2013
US Congress passes bill to end debt crisis; shutdown ends
17 Oct 2013
The compromise deal ends weeks of political brinkmanship that had unnerved global markets and pushed the US back to the brink of a historic debt default
Switzerland lifts secrecy wall, to share bank account info with other countries
16 Oct 2013
Switzerland has revised its tax laws to allow bank account details to be shared with other countries, including India
Fitch places US on 'AAA' negative rating watch
16 Oct 2013
Fitch says though it believes the debt ceiling will be raised soon, the political brinkmanship and reduced financing flexibility could increase the risk of a US default
The US Debt crisis from the Founders' perspective
By By George Friedman | 15 Oct 2013
The US government is paralysed, and we now face the possibility that the United States will default on its debt. Congress is unable to resolve the issue, and President Obama is as obstinate as the legislators who oppose him. By George Friedman. Republished with permission of Stratfor
UN report pegs global economic growth at 2.1% in 2013
15 Oct 2013
For the global economy as a whole, coordinated, demand-driven policies, with no country adopting austerity policies, would deliver better results in terms of growth, a new UNCTAD report stresses