World economy
Cyclone Idai claims over 700, displaces millions in Southern Africa
25 Mar 2019
While almost 110,000 people have been saved, according to the National Institute of Disaster Management, at least 600,000 people have been displaced, the WFP said
Mueller report sees no Trump role in Russian meddling in US elections
25 Mar 2019
Attorney General William Barr said the investigation by US Special Counsel Robert Mueller into the alleged Russian meddling in US elections failed to prove any Russian connection to Trump and that there was insufficient evidence that Trump had attempted to obstruct justice
US Fed pauses on interest rate hike
22 Mar 2019
The Federal Open Markets Committee said the decision to leave the target range for the federal funds rate at 2.25 per cent to 2.5 per cent was based on labour market conditions, inflation indicators and readings on financial and international developments
Over 2 million sign no-Brexit petition
22 Mar 2019
EU sets 12 April Brexit date if May’s deal fails in parliament
22 Mar 2019
If Prime Minister Theresa May wins the 29 March parliament vote, Britain will get time until 22 May to leave the Union, so as to avoid legal wrangling and smoothen the process
No-deal Brexit looms as Parliament dumps May’s new deal
13 Mar 2019
Lawmakers will now vote on whether Britain should quit the European Union without a deal, even as business leaders caution against such a move that would disrupt markets and supply chains, causing shortages of food and medicines
EU, Britain hammer out new Brexit plan
12 Mar 2019
While the new wording “will guarantee that the EU cannot act with the intent of applying the backstop indefinitely,” the changes fall well short of Brexiteers’ demands for a unilateral British exit from backstop – a mechanism that ties Britain to the EU customs union
ECB keeps rates unchanged; plans boost to stimulus
08 Mar 2019
ECB President Mario Draghi said the package of assistance from new loans for banks to a longer pledge on record-low rates is intended to expand existing stimulus as growth in the euro-zone economy is forecast to drop 0.6 percentage points to 1.1 per cent this year
US, China move closer to trade deal: report
04 Mar 2019
Trump threatens national emergency as Democrats squeeze wall funds
15 Feb 2019
Democrats are proposing a tech wall to secure the US border, a move that would enrich tech and military contractors like Raytheon, Amazon, and the likes of Geo Group while extending civil rights violations through fresh surveillance
New US development finance agency to curb Chinese influence
13 Feb 2019
The US International Development Finance Corporation, which has a corpus of $60 billion, will be able to make equity investments in the private sector overseas, according to a US government official
British premier May in hectic talks on Brexit
31 Jan 2019
With barely two months for the March 29 deadline for Britain to leave the EU, hectic efforts are on to stave a crisis
UAE extends $3 bn loan to Pakistan
23 Jan 2019
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