World economy
UK scientists go mad over proposed budget cuts
11 Oct 2010
In a unique protest, hundreds of placard-waving ‘boffins’ gathered outside Whitehall to say cuts in R&D spending would be disastrous for the UK economy
Race still an issue in British society: Study
11 Oct 2010
China's foreign exchange reserves at a record $2.5 trillion
11 Oct 2010
Even as it protests international pressure to correctly value its national currency, China’s foreign-exchange reserves, already the world’s largest, may now have climbed to a record $2.5 trillion.
Pressure on China to boost yuan as currency clash spreads
09 Oct 2010
Global finance chiefs meeting in Washington are looking at ways to prevent tensions over currency valuations from derailing a fragile economic recovery.
Osborne to crackdown on bankers’ bonuses
09 Oct 2010
India, China to double wealth in five years
09 Oct 2010
Vigorous economic growth is likely to double India’s wealth to $6.4 trillion over the next five years and allow China to overtake Japan as the second wealthiest country in the world by 2015.
EU regulators mull cap on bankers’ bonuses
09 Oct 2010
Bankers claim curbs on pay and bonuses could adversely affect the ability of financial institutions in Britain and Europe to compete internationally and lead to an exodus of talent
India calls for quota review and governance reform at IMF
08 Oct 2010
Emerging markets and developing countries now represent 47.5 per cent of the global GDP in PPP terms, but they have a quota share of only 39.5 per cent in the IMF.
UK food price inflation at 15-month high
07 Oct 2010
US House votes bill on China’s currency manipulation
30 Sep 2010
The House of Representatives has voted in favour of raising tariffs on Chinese imports, in response to China keeping its currency underbvalued, which makes its goods cheaper in world markets
Anti-outsourcing bill blocked in US Senate
29 Sep 2010
Terming the bill as an election gimmick, Republican sernators opposed and successfully blocked the passage of an anti-offshoring bill that would have denied tax breaks to US companies, which move jobs overseas
The UNCTAD trade report
28 Sep 2010
Structural change is not what an electorate wants to hear about at the moment, when we are facing double-digit unemployment percentages at home for the foreseeable future. By Richard Quest, CNN's London-based anchor/ correspondent.
Brazilian bourse Bovespa becomes world's second largest after Petrobras listing
27 Sep 2010
Brazil’s Sao Paulo Stock Exchange BM&FBovespa SA has become the world’s second-largest stock in market value after the Hong Kong Stock Exchange
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