World economy
US Senate blocks Wall Street reform legislation
27 Apr 2010
Greece makes formal request to EU, IMF for financial bailout
24 Apr 2010
In a bid to end its financial woes Greece has formally asked the European Union and the IMF to activate an emergency financial support package to help shore up public finances.
Growth in India, China helping developing nations: World Bank
24 Apr 2010
The global economic crisis has hit poverty reductions efforts worldwide, but plans are still on track to meet a key goal by 2015 according to the World Bank, with India and China making rapid progress.
US new-home sales jump 27 per cent in March
24 Apr 2010
Sinking Greece requests EU, IMF loan activation
23 Apr 2010
India, Brazil to take on China on currency valuation
21 Apr 2010
The upcoming meet of G-20 finance officials this week will see Indian and Brazilian central bank governors fully backing the American stand on Chinese currency revaluation.
IMF moots ‘fat cat tax’ to fund future government bailouts
21 Apr 2010
Banks around the world could face two new taxes to cover the cost of any future bailouts under proposals by the International Monetary Fund circulated to the Group of 20 countries
China offers $20-billion loan to Venezuela
19 Apr 2010
China will provide soft loans worth $20 billion to Venezuela for the development of the Latin American nation’s energy sector
EU, US plan tougher financial sector regulations
17 Apr 2010
US regulators seize eight more banks
17 Apr 2010
China ready to correct trade imbalance: Manmohan
17 Apr 2010
BRIC summit calls for overhaul of global governance
16 Apr 2010
BRIC reaffirmed the need for a comprehensive reform of the United Nations and its sister institutions like the IMF and the World Bank.
Dazed survivors of China quake spend chilly night in the open
By By John Vause, CNN's senior international correspo | 16 Apr 2010
Dazed survivors of China quake spend chilly night in the open
By By John Vause, CNN's senior international correspo | 16 Apr 2010
China’s US debt holdings slip to lower levels
16 Apr 2010
China has been shaving off its holdings of US government debt, now bringing it down to its lowest level over the previous nine months. For the month of February, China’s holdings were at the lowest level since June last year.
Judge okays Lehman Bros’ restructuring plan
16 Apr 2010
Obama passes $18-billion law to extend aid to jobless
16 Apr 2010
Democrats said that many out of work Americans were unable to find jobs and that delaying what for some is their sole income in a political fight over spending was unconscionable