World economy
Japan plans $100 billion third economic stimulus
06 Apr 2009
The Japanese government is planning a third economic stimulus package, worth over $100 billion to stop the economic downturn.
Saudi net foreign assets fall to 1.65 trillion riyals
06 Apr 2009
Saudi Arabia's net foreign assets have plunged in the first two months of this year, reversing a rapid growth during the oil boom of the last seven years
Obama to revive US-Cuba family ties
04 Apr 2009
Don’t prop up failed system, ActionAid warns G-20
04 Apr 2009
ActionAid has warned against using the $1.1 trillion global recovery package as artificial life support for a discredited and ‘dying’ economic model.
The Times Company threatens to shut down The Boston Globe
04 Apr 2009
The New York Times Company has threatened to close The Boston Globe unless labor unions agree to $20 million in pay cuts and cessation of pension contributions amidst deepening recession.
India willing to increase contribution to IMF: Manmohan
03 Apr 2009
India does not intend to borrow any money from the multilateral lending agency, prime minister Manmohan Singh said at the G20 summit in London
G-20 cracks whip on tax havens; OECD publishes blacklist
03 Apr 2009
Last night G-20 leaders agreed to crack down on tax havens, paving the way for the ‘naming and shaming’ of countries that fail to comply with internationally agreed standards
Global markets rally as G-20 pledges $1.1 trillion recovery package
03 Apr 2009
Stock markets across the world have rallied after world leaders reached a $1.1-trillion deal to tackle the global economic crisis at the G-20 summit.
Group of Two: Obama, Hu to meet in Beijing
02 Apr 2009
G-20 pledges $1 trillion to stem financial meltdown
02 Apr 2009
Leaders of the G-20 nations have agreed to pump an additional $1 trillion into the troubled global economy through funding boost to agencies like the IMF, CNBC-TV18 reports.
Australia posts record slump in retail sales
02 Apr 2009
Proximity to Pine Gap facility nixes Chinese mining bid
02 Apr 2009
The real reason for the rejection of a bid by China Minmetals for OZ Minerals may have been the fact that company mines, located in the proximity of the Pine Gap intelligence facility, would have allowed Chinese spies to intercept transmissions.