World economy
Tariff wars: EU may investigate Chinese modem exports
02 Sep 2010
With its high-tech industry under increasing threat from low cost Chinese products, the EU has said it may investigate if China is unfairly subsidising makers of wireless modems.
World trade rebounds; rises 25 pct over last year
02 Sep 2010
The WTO released figures which show global trade rebounding strongly in the first half of this year, rising by over 25 per cent from the same period last year.
Tariff wars: China slaps duties on US chicken
02 Sep 2010
In retaliation to the US Commerce Department imposing stiff countervailing duties on imports of its aluminum products, China, yesterday imposed anti-subsidy duties on US chicken products for a period of five years
Economic chill lurking ahead
01 Sep 2010
You can only enjoy the good weather when you have learned to appreciate the bad. I am not sure I can apply this to the economic outlook By CNN anchor/ correspondent Richard Quest
BIS survey: Daily forex trade at a high of $4 trillion
01 Sep 2010
Daily currency trading in global markets has grown to an average of $4 trillion a day, says a survey, with big banks losing their dominant position to hedge funds and other financial institutions.
Drug wars: Mexico nets drug lord 'La Barbie'
31 Aug 2010
Mexico confirmed on Monday the capture of Edgar Valdez Villarreal, alias "La Barbie," a drug lord blamed for a vicious turf war in Mexico.
Recession likely cause for fall in US birth rate
28 Aug 2010
US aid chief forced out of Pak by extremists
28 Aug 2010
Indian-American US aid chief Rajiv Shah created a stir when he visited a flood victims' camp in Pakistan on Wednesday where some supplies had been distributed days earlier by militant groups
US to tighten trade rules: targets Chinese goods
27 Aug 2010
The Obama administration has announced stricter rules to enforce trade laws against nations that subsidise exports of cheap goods to the US, and the primary target is likely to be China.
India overhauls Japan; now second largest Asian importer of oil
26 Aug 2010
In yet another significant statistic marking the rapid rise of India and China as global economic powers India has overtaken Japan in demand for oil among Asian nations in Q2 2010.
UK businesses warn against immigration caps
23 Aug 2010
China’s economic growth to flatten at 6-7 per cent: Rio Tinto CEO
20 Aug 2010
Rio Tinto’s CEO Tom Albanese predicts that China’s sizzling hot run in terms of economic growth will soon flatten to perhaps as low as 6 per cent in this decade itself.
US veto provides fillip to IMF reform
20 Aug 2010
The United States has blocked a proposal to maintain status quo at the IMF’s executive board, a move that will now allow emerging economies to have a greater say at the institution.
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