World economy
Spain to rescue major bank Bankia
08 May 2012
The Spanish government is planning to rescue troubled lender Bankia SA that could involve pumping in billions of euros of taxpayers’ money
Eurozone April PMI slumps; unemployment hits record high
03 May 2012
The Eurozone’s April PMI registered a 34-month low , with production having declined in all the big-four economies — Germany, France, Italy and Spain
Aung San Suu Kyi sworn in as member of Myanmar’s parliament
02 May 2012
Opposition leader Aung San Suu Kyi was sworn in as a member of Myanmar's military-backed parliament today, the first time she has assumed public office after the launch of her struggle against authoritarian rule nearly a quarter century ago
Spain slides back into recession
02 May 2012
Russia, China ink deals worth $15 bn
30 Apr 2012
Two of the world’s largest economies, Russia and China, signed 27 contracts worth $15 billion over the week end in Moscow, covering diverse areas including finance, direct investment, energy, machine building and electronics.
Argentine senate okays YPF nationalisation
30 Apr 2012
Indian companies invest Rs820 mn in US manufacturing: Survey
27 Apr 2012
A survey reveals that Indian companies operating in 40 US states have invested over $820 million in manufacturing facilities in America, creating thousands of jobs.
The India-China Rivalry
25 Apr 2012
The cause of the new rivalry is the collapse of distance brought about by the advance of military technology. By Robert D. Kaplan. Republished with permission of STRATFOR
Dutch PM still bats for reforms
25 Apr 2012
A day after he tendered his cabinet’s resignation to Queen Beatrix of the Netherlands, prime minister Mark Rutte said the country’s economic woes would need to be faced to ensure the Netherlands evaded the debt crisis
IMF’s lending power doubles as pledges top $430 million
21 Apr 2012
IMF members, including the G-20 countries, on Friday pledged fresh funding to the institution boosting its lending capacity by more than $430 billion