World economy
US tech firms may lose $35 bn as backlash against NSA mounts abroad
27 Nov 2013
Disclosures of spying abroad might cost US companies a whopping $35 billion in lost revenue through 2016
Israelis, Saudis and the Iranian agreement
27 Nov 2013
The US goal is to eliminate Iran's nuclear weapons before they are built, without the United States having to take military action to eliminate them, while Iran's primary goal is regime preservation. By George Friedman
Russia’s free trade offer to Ukraine unnerves EU
26 Nov 2013
Swiss voters overwhelmingly reject salary caps
25 Nov 2013
Despite opinion polls showing strong opposition to huge executive paychecks, Swiss voters yesterday rejected severe limits on executive pay
Relief to India as US-Iran deal eases oil prices, buoys markets
25 Nov 2013
The deal, which would help ease oil flows, has come as a big relief for India and other oil buying countries
Hon Hai to invest $40 mn in US manufacturing
23 Nov 2013
Nepal on brink again as Maoist Prachanda sees poll rout
22 Nov 2013
Maoist supremo Prachanda himself lost to Nepali Congress candidate Rajan K C from Kathmandu-10 constituency, and was trailing in Siraha-5
OECD cuts global growth forecast to 2.7% from 3.1%
20 Nov 2013
The report projects India’s economy expanding 3.4 per cent this year and 5.1 per cent in 2014, down from 5.7 per cent and 6.6 per cent previously
UN warns of dire consequences of coal use
19 Nov 2013
The world’s remaining coal deposits must stay in the ground if greenhouse gas emissions are to be held in check, a top UN official says
Bitcoin to make first case to US Congress
18 Nov 2013
India may soon overtake US in number of internet users
18 Nov 2013
Online shopping does not appear to be popular outside the big cities, since Indians use the net mainly for communications and entertainment, with social media a close third
Pakistan to put Musharraf on trial for high treason
18 Nov 2013
Prime Minister Nawaz Sharif’s government has announced that it will put Pakistan’s former military ruler Pervez Musharraf on trial for high treason for suspending the constitution while in power
Obama thanks Lakshmi Mittal for US investment
16 Nov 2013
ArcelorMittal steel works in Cleveland, Ohio, which suspended operations a few years ago, made a strong bounce back, bringing back all the workers and hiring 150 more over the last four years
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