World economy
David Cameron’s Conservatives clinch majority in UK polls
08 May 2015
David Cameron promised to govern as the party of “one nation, one United Kingdom - to make Britain a place where a good life is in reach for everyone who is willing to work and do the right thing
Envoys of Norway, Philippines among 6 killed as Pak Taliban downs military copter
08 May 2015
Pakistani Taliban claims to have shot down a Pakistani military helicopter, killing six people, including the envoys of Norway and the Philippines
Conservatives set to win UK polls again
08 May 2015
David Cameron is all set to return to 10 Downing Street, as the Conservative Party defied forecasts of a hung parliament, gaining votes in England and Wales
How British elections represent the State of Europe
08 May 2015
The British elections represent the current state of Europe. There is the deep ambivalence about the European Union and the rise of the anti-European parties not yet ready to govern but still affecting the system (as shown by Cameron's promise to hold a referendum on Britain's EU membership). By George Friedman. Republished with permission
California adopts tough water rules to fight drought
06 May 2015
For the first time in the history of California, the state has imposed severe water-use restrictions to cope with the drought
US March trade deficit hits $51.5 billion
05 May 2015
The resolution of a labour dispute in key West Coast ports, a stronger dollar and record high imports of capital and consumer goods all combined to push up US trade deficit to the highest since October 2008
Russia ratifies Brics’ $100-bn reserve fund
04 May 2015
Fresh 5.0 tremor hits Nepal’s Pokhara region; thousands still missing
02 May 2015
The US Geological Survey today recorded the 5.0 magnitude earthquake with its epicentre near Pokhara, in Nepal
Corruption decreases technology adoption in emerging markets
30 Apr 2015
Corruption’s hidden costs on the economy, growth, and development may be even bigger than the visible and known effects, notes s new study co suthored by professors K Sudhir , Yale School of Management, and Debabrata Talukdar, State University of New York at Buffalo
US posts anaemic 0.2% GDP growth in Q1
30 Apr 2015
Fed keeps interest rate unchanged at 0-0.25%
30 Apr 2015
The US Federal Reserve on Wednesday decided to leave the interest rate on federal funds unchanged at 0 to 0.25 per cent
Microsoft results: Cloud rises, Windows declines
25 Apr 2015
Microsoft’s cloud computing operations saw strong signs of growth last quarter, while devices and consumer licensing segment fell 20.7 per cent
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