World economy
Pakistan, China ahead in the Failed States Index
30 Jun 2009
A survey by Foreign Policy magazine says that an increasing number of states teetering on the edge of bankruptcy and /or political chaos, face world leaders from the United Nations, and organisations such as the World Bank, with an uncomfortable dilemma.
Oil hits an eight-month high above $73 a barrel
30 Jun 2009
Crude oil prices rose to an eight-month high above $73 a barrel in Asian trade today, helped by a weak dollar
The Queen is broke, says Buckingham Palace
30 Jun 2009
The money provided by the taxpayer to enable the Queen to fulfil her role as head of state is equivalent to 69 pence per person in the country
Japan’s May industrial output up 5.9 per cent
29 Jun 2009
Reform UN and its agencies for global economic revival, says India
26 Jun 2009
India has called for restructuring and reforming of the UN and its various agencies like the IMF and the World Bank
AIG plans IPO of arms to repay $25 billion debt
26 Jun 2009
Corus to shed another 2,045 jobs
25 Jun 2009
US-EU file complaints against China with WTO
25 Jun 2009
OECD optimistic on economy; sees ‘weak recovery’ by 2010
25 Jun 2009
In its World Economic Outlook, OECD, raised its forecast for the economy of world's most-industrialised countries for the first time in two years.
Japan’s May exports down 40.9 per cent
24 Jun 2009
World entering slow-growth era: World Bank
23 Jun 2009
Rs1 trillion worth new orders expected: Siemens
22 Jun 2009
German engineering major Siemens expects to bag Rs1 trillion worth new orders from the infrastructure sector through the global economic stimulus projects
Russia and China sign $100-billion deal of the century
20 Jun 2009
Russia and China have signed deals worth $100 billion this year as the two countries try to bury differences and promote mutual trust and maintain stable and healthy ties.
Great Recession to just another regular recession?
19 Jun 2009
Thanks to aggressive policy measures, it is possible that the worst of this global recession is behind us. But, those expecting a swift and smooth recovery are likely to be disappointed and the budding euphoria is definitely misplaced. By Shivshanker Verma