World economy
BRICS seen outgrowing West by 2020
15 Mar 2013
The combined GDP of three BRICS countries - Brazil, India and China - will overtake that of the West by 2020, according to a UNDP report
Italy adamant on not returning killer marines; India furious
14 Mar 2013
Continuing to thumb its nose at India and its judicial system, Italy today remained adamant about not returning its two marines for trial in India over the killing of two fishermen off the south Indian coast in 2012
Xi Jinping formally appointed China’s president
14 Mar 2013
Though Xi had been officially elected for a five-year term, barring extraordinary events the 59-year-old would go on to hold the position for a decade.
Italy sinks deeper into recession
12 Mar 2013
Data released yesterday by the Italian national statistical institute ISTAT revealed that country’s GDP has contracted 2.8 per cent in the quarter compared to a year ago
Retail sales growth down sharply in China
11 Mar 2013
UK banks in fresh row over payouts
11 Mar 2013
Adidas shares soar despite financial troubles
08 Mar 2013
Europe, unemployment and instability
05 Mar 2013
The global financial crisis of 2008 has slowly yielded to a global unemployment crisis, that will, fairly quickly, give way to a political crisis, involving all three of the major pillars of the global system -- Europe, China and the United States. By George Friedman, founder and chairman of global intelligence analyst firm Stratfor
Latvia applies for eurozone membership
05 Mar 2013
Obama signs US budget cuts as Republicans have their way
02 Mar 2013
President Barack Obama has signed an order that starts putting into effect steep across-the-board budget cuts that would net the Treasury $85 billion, after hectic talks with the opposition over Friday for a compromise failed
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