World economy
Panama Papers: US launches criminal probe
20 Apr 2016
Preet Bharara, the US attorney for Manhattan, said he had “opened a criminal investigation regarding matters to which the Panama Papers are relevant”
Brazil lower house votes for Rousseff impeachment
18 Apr 2016
President Dilma Rousseff is accused of using accounting tricks in managing the federal budget to maintain spending and shore up support
Saudi Arabia threatens US with asset sell-off if 9/11 Bill passed
18 Apr 2016
Saudi Arabia has warned that it will sell off $750 billion worth of US assets held by the kingdom if Congress passes a bill that would allow the Saudi government to be held responsible in American courts for any role in the 11 September 2001 attacks
Oil continues to tumble as Opec talks collapse
18 Apr 2016
With post-sanctions Iran looking to boost oil sales, its tensions with Saudi Arabia has left Opec in tatters, with a crucial meeting in Doha failing to reach an agreement on curtailing production
China Q1 GDP growth hits a 7-year low of 6.7%
16 Apr 2016
‘Hello, this is John Doe. Interested in data?’
16 Apr 2016
An inside look into how The Guardian, one of the publications at the forefront of the ‘Panama Papers’ leaks that have shaken governments and sent powerful individuals running for cover, went about its business
India slams ‘hidden veto’ on UN terror tag
16 Apr 2016
US firms using loopholes to pay little or no tax
15 Apr 2016
Some of the biggest American companies, including Apple and Coca-Cola, are stashing their profits abroad in order to avoid paying US taxes, studies in the wake of the Panama Papers scandal show
Low-income economies told to diversify to sustain growth
15 Apr 2016
Resilient and inclusive growth remains key to development of low-income countries and for this it is necessary that infrastructure gaps are closed, while maintaining debt sustainability’
Low-income economies told to diversify to sustain growth
15 Apr 2016
Resilient and inclusive growth remains key to development of low-income countries and for this it is necessary that infrastructure gaps are closed, while maintaining debt sustainability’
Fed turned more accommodative under Yellen, says Rajan
15 Apr 2016
The RBI governor said the current shift in the Fed policy allows the emerging markets more room to address issues like currency volatility and declining commodity prices
India remains world's top remittance recipient despite a $1bn drop in 2015: World Bank
15 Apr 2016
India retained its top spot as the world’s largest recipient of overseas remittances in 2015, attracting about $69 billion
Oil prices to stay low, India to fuel demand: IAE
15 Apr 2016
Oil has collapsed since mid-2014 to as low as $27 per barrel, from as high as $115, due to booming Opec and US supplies
Top US banks given 6 months to ready disaster plans
14 Apr 2016
To prevent a repeat of the 2008 meltdown, US regulators have given the country’s top five banks – JPMorgan Chase, Bank of America, Wells Fargo, Bank of New York Mellon and State Street Bank – six months to get their disaster plans in shape
India remains a bright spot as global recovery slows: IMF
13 Apr 2016
IMF has suggested structural, fiscal, monetary measures to offset the effects of financial risks, geopolitical shocks and political discord to global recovery, even as it lowered global growth forecast to 3.2% in 2016
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