World economy
Germany cuts 2013 growth forecast to 1% on eurozone woes
18 Oct 2012
Germany, Europe’s largest economy, has slashed its economic growth forecast for 2013 citing looming eurozone debt crisis, and the slowdown in emerging markets, which have already pushed many of its partners into recession
Financial market woes, high commodity prices hurting growth: Chidambaram
13 Oct 2012
While uncertainties in major advanced economies have weighed on market confidence and sentiment, global commodity prices, especially energy, continued to remain high and volatile
European Union awarded 2012 Nobel Prize for peace
12 Oct 2012
`The stabilising part played by the EU has helped to transform most of Europe from a continent of war to a continent of peace’
IMF chief Christine Lagarde calls for decisive action on jobless rate from world leaders
11 Oct 2012
The IMF today backed giving debt-burdened Greece and Spain more time for reduction of their budget deficits, cautioning that cutting too far, too fast would do more harm than good
Pakistan government - judiciary tussle ends
11 Oct 2012
Longest double dip recession over: UK think tank
11 Oct 2012
UK likely to cut Indian aid, focus on trade
10 Oct 2012
Bernanke defends US monetary expansionism
10 Oct 2012
Bernanke said the recent Fed decision to inject a third round of liquidity (QE3) will not have any great economic implications for the US and its trading partners
German industrial output down in August
09 Oct 2012
World Bank cuts China, east Asia growth forecast
08 Oct 2012
Obama's re-election campaign boosted by positive jobs data
06 Oct 2012
The jobs report came with other signs of growing economic strength, including a surge in consumer confidence, the strongest auto sales in four years, improving stock prices and, finally a stabilisation of housing prices
US jobless rate falls to 7.8% in September
06 Oct 2012
The unemployment rate in the US has fallen surprisingly to 7.8 per cent in September, the lowest level since January 2009, down 0.3 per cent from Augusts’ 8.1 per cent
Gas bonanza, solar energy could be key to Greek revival
05 Oct 2012
Financially embattled Greece is now exploring possibilities of a turnaround through exploitation of offshore gas reserves that are estimated to be worth $600 billion
Global food prices to stay high till mid '13: FAO
05 Oct 2012
Global food prices are expected to stay high in the next six months after drought in the US and Russia cut grain supplies, according to the UN
Pakistan to cancel passports of tax dodgers
04 Oct 2012
Homeless people die 30 years younger than others: UK study
04 Oct 2012
A comprehensive study in the UK for the period 2001-2009 revealed the average age of death in the homeless population is just 47, compared to 77 years old in the general population
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