World economy
Greeks convert euros to bitcoins in case Greece exits EU
04 Jul 2015
Greeks are converting their euros to bitcoins as a safeguard against a return to devalued drachma in the event of a “No” vote in a referendum, due on Sunday
Greece defaults on IMF debt; set to reject EU bailout terms
30 Jun 2015
The Greek government on Tuesday held on to its anti-austerity platform even as European leaders pleaded with Greek voters to back the highly disputed bailout proposals in a crunch referendum or face leaving the euro
Markets in a tailspin as Geek debt default looms
29 Jun 2015
The Greek government announced on Sunday that the country’s banks would remain shut all week after a run on the banks by depositors eager to withdraw their money
EBRD eyes co-financing infra projects with China-led AIIB
27 Jun 2015
EBRD hopes to have its first joint projects with the new $100-billion China-led Asian Infrastructure Investment Bank in place by next year
Raghuram Rajan warns of repeat of the 1930 global depression
26 Jun 2015
While trying to produce growth out of nowhere we are in fact shifting growth from each other, rather than creating growth, he pointed out
BRICS bank to start operations by April: Kamath
25 Jun 2015
Bobby Jindal announces US presidential bid on Twitter
25 Jun 2015
Louisiana governor Bobby Jindal, 44, yesterday became the first Indian-origin American to throw his hat in the ring for US presidential elections
India looks to Eurasian Economic Union to push trade through Iran
23 Jun 2015
India is keen to join the Eurasian Economic Union, comprising the Russian Federation, Kazakhstan and Belarus, to push trade through India's west coast via Iran to the central Asian countries
China opens Nathu La route for Kailash Mansarovar pilgrims
22 Jun 2015
The existing Lipulekh Pass stands badly damaged after the 2013 floods in Uttarakhand and the new route will enable pilgrims to travel the 1,500 km from Nathu La to Kailash by buses
Economic impact of global conflicts crosses 14.3% of world GDP
22 Jun 2015
The impact of violence on the global economy reached $14.3 trillion or 13.4 per cent of global GDP in the last year, equivalent to the combined economies of Brazil, Canada, France, Germany, Spain and the UK
World entering 6th mass extinction
By By Rob Jordan, Stanford Woods Institute for the En | 20 Jun 2015
We are now entering the sixth great mass extinction, warn researchers and call for urgent action to conserve threatened species, populations and habitats, but warn that the window of opportunity is rapidly closing
Biofuel crops replace grasslands
20 Jun 2015
China eyes Chittagong port via rail corridor to Bangladesh
19 Jun 2015
The Kunming-Kolkata link, a part of the China-Myanmar-Bangladesh Economic Corridor aimed at boosting trade and investment, is also aimed at providing China access to Bangladesh's Chittagong port