World economy
US puts Iran oil sanctions on hold for six months
05 Jun 2014
In a move that could have long-term ramifications for India’s energy sector, the US has “suspended” its sanctions on Iran oil for six months
SEC cracks down on “Bitcoin related” vendor
05 Jun 2014
Syria’s Bashar al-Assad wins 88.7% votes to become third time president
05 Jun 2014
Assad has now secured a third term in office despite a West-supported civil war fanned out of protests against his rule
Narendra Modi, Barack Obama to meet in Washington in September
05 Jun 2014
The meeting between PM Narendra Modi and US President Barack Obama would be a full-fledged bilateral summit in Washington
US trade gap increases to $47.24 bn in April
05 Jun 2014
The trade deficit rose sharply in April to the widest in two years as consumers bought record amounts of imported consumer goods, business equipment and automobiles
Spanish liberty hero King Carlos abdicates in favour of son Felipe
03 Jun 2014
King Juan was instrumental in returning Spain to democracy after the Franco dictatorship and is widely respected across Spain
Spain plans $8.6 billion stimulus package
02 Jun 2014
The stimulus is expected to boost the Spanish economy's competitiveness and create jobs
Diageo worried Scottish independence may give it a hangover
31 May 2014
Ivan Menezes, CEO, Diageo Plc, says that conflicts over currency and new tax arrangements after a possible Scottish independence could damage the Scotch whisky industry. By Jagdeep Worah
Drugs, sex add £10 bn a year to UK economy: official study
30 May 2014
Illegal drugs and prostitution have contributed £10 billion to the UK economy – more than many other business activities like house-building, official data shows
Russia, Belarus and Kazakhstan form Eurasian Economic Union
30 May 2014
The treaty guarantees free movement of goods, services, capital and labor among member states and policy coordination in key sectors, including energy, industry, agriculture and transportation
Pakistan PM Nawaz Sharif lands in Delhi for historic visit
26 May 2014
Modi and Sharif have set a precedent; it is the first time that an elected prime minister of Pakistan is attending the swearing-in of an Indian counterpart
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