World economy
US lifts oil export ban after 40 years; offers sops to solar and wind power
19 Dec 2015
The US Congress had imposed the ban on export of US crude in the '70s after an oil price boom sent gasoline prices soaring and led to runaway inflation
2015 creates global refugee record: UNHCR
18 Dec 2015
With almost a million people having crossed the Mediterranean as refugees, and conflicts in Syria and elsewhere adding more, 2015 exceeds all previous records for global forced displacement, the UN Refugee Agency warned in a new report today
US, Russia unite on UN resolution against ISIS
18 Dec 2015
Finance ministers from the 15 United Nations Security Council nations will adopt a plan today aimed at disrupting outside revenue that the Islamic State extremist group gets from oil and antiquities sales, ransom payments and other criminal activities
US Fed moves to end easy money policy, raises rate to 0.25-50%
17 Dec 2015
While markets have taken the rate hike in stride and were not perturbed by the Fed move to make dollar costlier, a 0.25 per cent rate is not going to make dollar costly either
India dismisses coal consumption criticism
11 Dec 2015
Syrian opposition unites to seek fresh talks
11 Dec 2015
The deeply divided Syrian opposition managed to cobble together a unified bloc during a meeting in Riyadh, but it remains unclear if and when talks with the Assad regime will take place
Mauricio Macri sworn in as Argentine president
11 Dec 2015
Underscoring the deep divisions in the Argentine polity, outgoing President Cristina Fernandez skipped the inauguration ceremony, during which Macri vowed openness and sweeping reforms
India to seek logical end to Doha Development Round at WTO
11 Dec 2015
India on Thursday said it will not sacrifice the development agenda of the Doha Round of trade negotiations to support the so-called trade facilitation measures
China cuts yuan reference rate to lowest since 2011
10 Dec 2015
The People’s Bank of China is thought to be conducting a ‘stress test’ in the currency market before the US Fed’s expected rate hike next week
Russia to hold talks with US, UN on Syria
10 Dec 2015
Donald Trump stands by call to control Muslims
09 Dec 2015
Several Republicans have warned that if Trump is the party's choice for the November 2016 election, his stance could hurt in a matchup with Democratic front-runner Hillary Clinton
UN agencies seek over $20 billion in funding, the largest humanitarian appeal in history
08 Dec 2015
COP21: Business, investors see multi-billion opportunity in green economy
08 Dec 2015
Sustainable Innovation Forum 2015 showcases technological innovation, cross-sector partnerships and finance for a low-carbon future
2,600-year-old tombs discovered in central China
07 Dec 2015
Greece approves austere 2016 budget
07 Dec 2015
Despite the tax hikes and spending cuts, which include sensitive pension cuts, the country’s debt is expected to grow to €328 billion or 188 per cent of GDP
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