World economy
PM Abe wants Japan to end pacifism, rewrite constitution by 2020
01 Jan 2014
Japanese Prime minister Shinzo Abesays the country’s pacifist post-WW II constitution, which limits its military to self-defence, could be amended by 2020.
Millions of UK families could be spending over half their disposable income on debt repayments by 2018
01 Jan 2014
US to prosecute Devyani Khobragade despite India’s protests
31 Dec 2013
The US is going ahead with the prosecution of senior Indian diplomat Devyani Khobragade despite protests by India and asserted that it has no intention of withdrawing the case of visa fraud against he
China local government debt shot up 70% in three years: report
31 Dec 2013
Perceptions over the performance of the Chinese economy, the world's second largest, are tinged with concerns over whether the loans can be repaid
Devyani arrest: US softens as India gets tougher
30 Dec 2013
Mao was good but made human mistakes, President Xi tells China
27 Dec 2013
China’s ‘Great Helmsman’ Mao Zedong was no god and “made mistakes”, the country’s President Xi Jinping said on Thursday at a state occasion to mark the 120th birth anniversary of China’s first Communist leader
Bungling by US official led to Indian envoy’s arrest: report
27 Dec 2013
While Devyani Khobragade entered $4,500 as the salary she expected to be paid in the US, Mark Smith, a diplomatic security services agent who led the investigation against her, seriously erred in reading the figure of $4,500 as the salary to be paid to the nanny, which led to her arrest, say reports
India to overtake Japan as world’s third-largest economy: study
By By Jagdeep Worah | 26 Dec 2013
The global pecking order will change drastically over the next 15 years as emerging economies overtake developed ones, says economic think-tank CEBR. By Jagdeep Worah
Japan unveils record 2014 budget
23 Dec 2013
Japan, the world’s third-largest economy and the most-indebted nation in the developed world, has unveiled a record draft budget that outlines increased spending on social security, public works, and defence
S&P cuts EU rating, spares the UK
21 Dec 2013
Musharraf’s team seeks UN aid to end trial by ‘Kangaroo court’
21 Dec 2013
Prosecutors are demanding the death penalty or life imprisonment for the former dictator, who came to power by ousting current Prime Minister Nawaz Sharif in a bloodless coup in 1999
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