World economy
Anti-outsourcing bill blocked in US Senate
29 Sep 2010
Terming the bill as an election gimmick, Republican sernators opposed and successfully blocked the passage of an anti-offshoring bill that would have denied tax breaks to US companies, which move jobs overseas
The UNCTAD trade report
28 Sep 2010
Structural change is not what an electorate wants to hear about at the moment, when we are facing double-digit unemployment percentages at home for the foreseeable future. By Richard Quest, CNN's London-based anchor/ correspondent.
Brazilian bourse Bovespa becomes world's second largest after Petrobras listing
27 Sep 2010
Brazil’s Sao Paulo Stock Exchange BM&FBovespa SA has become the world’s second-largest stock in market value after the Hong Kong Stock Exchange
Pakistan to head UN nuclear watchdog IAEA
27 Sep 2010
Pakistan, once accused of smuggling nuclear weapons technology to Iran, Libya and North Korea, will now head the board of the UN atomic agency's main decision-making body.
“Red Ed” Miliband takes over UK’s Labour Party
27 Sep 2010
UK’s Labour Party held its annual conference on Sunday with “Red Ed” Miliband as its new leader. “Red Ed” beat his brother David Miliband by the narrowest of margins in a gruelling contest.
US Congress to legislate on China’s currency manipulation
25 Sep 2010
A committee of the US House of Representatives has cleared a bill that provides the government power to impose economic sanctions on China if it is found to be manipulating its currency.
UK Labour Party to announce new leader today
25 Sep 2010
Ousted at the hustings the Labour Party is now all set to declare results of a leadership campaign that seeks to replace ex-PM Gordon Brown as its leader.
UK commission mulls breaking up big banks
24 Sep 2010
Greece hammers down public debt by 32 per cent
22 Sep 2010
Greece, the bad boy of government profligacy, appears to have done an impressive job in managing its public debt, slashing levels down as much as 32 per cent by August.
Summers’ vacation at the White House is over
22 Sep 2010
Lawrence Summers, US president Barack Obama’s top economic advisor will step down from his post after November's mid-term elections, the White House announced Tuesday.
WTO sees global trade expanding 13.5 per cent in 2010
21 Sep 2010
Following faster than expected recovery in trade flows so far this year, WTO has revised upwards its March projection of a 10 per cent growth in 2010 world trade to 13.5 per cent now.
India third most powerful nation: US report
21 Sep 2010
A joint US-European study lists India as the third most powerful country in the world after the US and China and the fourth most powerful entity after the US, China and the European Union
US cedes top spot to Brazil-China-India as investment destination: poll
21 Sep 2010
The United States now lags emerging markets in Brazil, China and India as a preferred place for investment, a Bloomberg quarterly Global Poll reports.
A$5-bn rail float gets Queensland's nod
20 Sep 2010
Joe Biden reports on 100 Recovery Act projects changing America
18 Sep 2010
The programme aims at `Transforming the American Economy Through Innovation.'
IMF to hike quota for China; raise $8 billion for lending to poor countries
18 Sep 2010
The IMF is also likely to increase the quota for other emerging nations such as India, South Korea, Indonesia and Brazil.
Gold at record high
18 Sep 2010
Gold prices ended the week at a record high of more than $1,280 a troy ounce amid speculation that central banks around the world would launch another round of monetary easing.
India bids for non-permanent seat at UNSC next week
18 Sep 2010
The United Nations assumes centre stage for India in the coming week as voting takes place for the non-permanent seat to the Security Council for the period 2011-12 and broader reforms are also discussed.
Quake, rockets strike Afghanistan on poll day
18 Sep 2010
Afghanistan experienced an earthquake and a bout of rocket attacks by the Taliban even as it saw commencement of voting for a new parliament.
Singapore boosts research spending to $12 bn
18 Sep 2010
EU to develop free trade pact with South Korea
17 Sep 2010
The deal is expected to serve as a model for EU for similar bilateral trade treaties that are under development with other Asian and South American nations
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