World economy
Obama picks Janet Yellen to succeed Fed chairman Ben Bernanke
10 Oct 2013
US president Barack Obama yesterday nominated noted economist Janet Yellen as the country’s first woman to take the reins of the Federal Reserve, replacing outgoing chairman Ben Bernanke whose second term ends on 31 January 2014
IMF pegs India 2013 growth at a low 3.75%
09 Oct 2013
The IMF, in its latest `World Economic Outlook’ report, says global growth is in low gear, and that the drivers of activity are changing
Italian senate committee recommends expulsion of former PM Silivio Berlusconi
07 Oct 2013
An Italian Senate committee has recommended the expulsion of former prime minister Silvio Berlusconi from parliament following his conviction for tax fraud
US govt speak: What's affected by the shutdown?
03 Oct 2013
Obama curtails Asia trip amid US government shutdown
03 Oct 2013
Obama has accused Republicans of taking the government hostage to sabotage his signature healthcare law, the most ambitious US social programme in five decades
ADB says India can weather Fed storm
03 Oct 2013
US government begins shutdown; 1 mn workers may lose pay
01 Oct 2013
The US government began shutting down today for the first time in 17 years, a move that will put up to 1 million workers on unpaid leave and cost the US economy about $1 billion a week
US shutdown looms as Republicans play hardball
30 Sep 2013
India seeks US reciprocity in solving trade, investment issues
28 Sep 2013
India has promised to address US concerns over trade and investment policies, in a bid to achieve a five-fold increase in two-way trade from the current level of $100 billion
US to hit debt ceiling by 17 October: Treasury secretary
26 Sep 2013
US Treasury Secretary Jack Lew has warned that after 17 October the government would be left with only half the cash it needs to keep the country running
US seeking superstate status for MNCs in India: report
25 Sep 2013
The US wants multinational corporations to have the right to sue India abroad for settling disputes, bypasing the Suprem Court of India
Diplomatic breakthrough: Iran agrees to nuclear talks
24 Sep 2013
The talks will be the highest level contacts between the US and Iran in six years, in a sign that relations may be thawing.
Egypt court slaps blanket ban on Muslim Brotherhood
24 Sep 2013
Analysts say a court ruling could force the group underground and provide a legal basis for further crackdowns
Chancellor Merkel triumphs again in German elections
23 Sep 2013
German Chancellor Angela Merkel's Conservative Party won Germany's election on Sunday, but fell just short of an absolute majority
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