World economy
End of nuclear dream? Three Mile Island plant faces closure
31 May 2017
While the partial meltdown at Unit 2 in 1979 could not put the Three Mile Island nuclear plant out of business, cheap natural gas might do what the worst commercial nuclear power accident in US history could not
‘Fake news’, screams Trump over Kushner’s Russian links
29 May 2017
`Whenever you see the words 'sources say' in the fake news media, and they don't mention names,’ Trump wrote, `it is very possible that those sources don't exist but are made up by fake news writers. #FakeNews is the enemy!’
Kushner had undisclosed contacts with Russian envoy: report
27 May 2017
Kushner is also reported to have discussed with Russian ambassador to the US Sergey Kislyak the idea of creating a back channel between Trump and Russian President Vladimir Putin that could have bypassed diplomats and intelligence agencies
US revives New Silk Road, Indo-Pacific Economic Corridor projects
25 May 2017
India will play a significant role in both the projects that will link Europe with Central Asia and Southeast Asia
Moody's downgrades China's credit rating to A1 from Aa3
24 May 2017
The downgrade, however, is unlikely to affect China’s economy that is flush with foreign money and still within investment grade, although officially it is seen to be raising borrowing costs for the Chinese government and its state-owned enterprises
Manchester pop concert blast kills 22; IS claims responsibility
23 May 2017
The blast was apparently triggered by a lone suicide bomber as a crowd of mainly teenagers were exiting Manchester Arena after a concert by pop star Ariane Grande, leaving 22 dead and 59 injured
Permafrost melt threatens 'Doomsaday' seed Vault in Norway
22 May 2017
The Svalbard Global Seed Vault, a gene bank built underground on the isolated island in a permafrost zone some 1,000 km from the North Pole, was opened in 2008 as a master backup to the world's other seed banks
Trump signs business deals worth $380 billion in Saudi Arabia
22 May 2017
On the first leg of his first official tour outside the United States, President Donald Trump also clinched a $110 billion arms deal with Saudi Arabia, the largest single order for US defence equipment and services
Iran re-elects reformist President Rouhani by big margin
20 May 2017
Rouhani’s victory underlines the Iranian people’s desire for more freedom at home and less isolation abroad – but his powers remain limited as Supreme Leader Ayatollah Khamenei holds ultimate sway
Trump to tone down anti-Muslim rhetoric on S Arabian tour
20 May 2017
Abandoning some of the harsh anti-Muslim rhetoric of his presidential campaign, the draft of Trump’s speech to be delivered in Saudi Arabia on Sunday notably refrains from mentioning democracy and human rights topics