World economy
Eurozone debt soars to record high in Q1
23 Jul 2013
Eurozone’s debt burden reached an all-time high of 92.2 per cent of GDP in the first quarter raising further concerns over the measures adopted by the EU to rein in the continuing sovereign debt crisis
Recognising the end of the Chinese economic miracle
23 Jul 2013
Many have asked when China would find itself in an economic crisis, to which we have answered that China has been there for a while -- something not widely recognised outside China. By George Friedman, founder and chief executive officer, Stratfor. Republished with permission.
OECD unveils plan to fix tax holes
22 Jul 2013
Abe's coalition wins majority in Japan's upper house
22 Jul 2013
In a decisive victory, Japan’s ruling coalition led by prime minister Shinzo Abe has gained control over the Diet’s upper house by securing a sweeping majority in yesterday’s elections
Focus on business, Afghanistan as Biden begins India visit
22 Jul 2013
Joe Biden begins his four-day visit to India today, becoming the first American vice president to visit India in three decades
Japan PM Abe’s coalition set for big upper house poll win
22 Jul 2013
Exit polls indicate Japanese Prime Minister Shinzo Abe's ruling coalition is set for a big win in the upper house election held on Sunday, that would give the PM control of both houses of parliament - a first for a Japanes PM since 2006
G20 meet in Russia focuses on tax reforms; US absent
20 Jul 2013
The "once-in-a-century" move to patch up holes in international tax rules was unveiled in Moscow by the UK’s Chancellor of the Exchequer George Osborne, along with fellow finance ministers from France and Germany
China lifts controls on lending rates to align with market
20 Jul 2013
The central bank also directed financial institutions to actively adapt to market-oriented interest rate pricing, market supply and demand
G20 to plug loopholes in tax systems: report
19 Jul 2013
‘Motor City’ Detroit is broke; files for bankruptcy
19 Jul 2013
Detroit in Michigan, the cradle of America’s automobile industry and once the fourth-most populous city in the US, filed for bankruptcy on Thursday, the largest American city ever to do so
China rising to topple US dominance: Pew survey
19 Jul 2013
A new survey that polled 38,000 people in 39 countries believes China is overtaking the US in global dominance
Ireland clears penultimate EU/IMF test
19 Jul 2013
Bernanke firm but flexible on bond purchase wind-down
18 Jul 2013
`Our asset purchases depend on economic and financial developments, but they are by no means on a preset course’
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