World economy
China poised to become world’s second largest economy after revising 2008 growth figures
26 Dec 2009
Recession forces parents in UK to raid kids' piggy banks: Survey
26 Dec 2009
With the UK facing the worst recession since World War 11, more than one in five UK parents have been borrowing from their child’s savings account out of sheer desperation
China to target 8 per cent growth for 2010
21 Dec 2009
Senate secures majority to pass health bill
21 Dec 2009
FDIC hikes 2010 budget to $4 billion
16 Dec 2009
Climate deal on the rocks as rifts widen
16 Dec 2009
The US says that it will not be a party to any agreement that relieves the developing nations including China of any commitments
OPEC raises 2010 world oil demand forecast
16 Dec 2009
The OPEC outlook for 2010 is positive following one of the worst years of global oil demand, as the global economy is poised for 2.9 per cent expansion in the year following the 1.1-per cent contraction in 2009
Outraged African nations stall, resume climate talks
15 Dec 2009
UN climate negotiations at Copenhagen were suspended after developing countries staged a walk out in protest against a perceived attempt on the part of their Danish hosts to sideline talks on additional emission cuts under the Kyoto Protocol.
Copenhagen talks in limbo as poor nations walk out
14 Dec 2009
The climate talks in Copenhagen were suspended on Monday after poor nations and developing countries walked out of the summit, accusing rich countries of trying to wreck the existing Kyoto Protocol.
India sets 15 December deadline for negotiations at Copenhagen
14 Dec 2009
India has set a clear deadline for all negotiations at Copenhagen, saying they must be firmed up by 15 December as the PM won’t be arriving there to negotiate.
Abu Dhabi bails out Dubai World with $10 billion loan
14 Dec 2009
The Dubai government today said that it has received $10 billion from Abu Dhabi to help the state-owned conglomerate Dubai World group repay its debts, some of which mature today
Copenhagen: US, China square up for the finale
12 Dec 2009
The world’s two worst polluters – China and the United States - have begun sparring over respective negotiating positions with an intensity that belies earlier expectations of a spirit of accommodation at the Copenhagen climate summit.
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