World economy
IMF reforms boost voting rights of India, other emerging countries
28 Jan 2016
With the 2010 IMF quota and governance reforms coming into effect, India China, Brazil and Russia are now among the 10 largest members of the Fund, with greater say in governance
AIG to cut costs, return $25 bn to shareholders
28 Jan 2016
EU blasts Greece for mishandling refugee crisis
28 Jan 2016
With the bodies of seven more drowned migrants recovered on Wednesday, the European Union warned Greece that it could face border controls with the rest of the EU`s passport-free Schengen zone if it fails to improve controls
India, Russia sign pact on research projects
28 Jan 2016
Denmark’s ‘jewellery bill’ to confiscate refugees’ valuables
27 Jan 2016
Denmark's parliament passed measures on Tuesday including confiscating refugees' valuables to pay for their stay, aimed at deterring them from seeking asylum, despite protests from international human rights organisations
What does the Chinese slowdown mean for the world?
25 Jan 2016
China’s slowing economy has rattled markets around the world. Yale School of Management's Stephen Roach, the former chairman of Morgan Stanley Asia, says it’s good that China is making a much-needed transition—but other countries will need to adapt to a new normal
France to prolong emergency; warns EU of risk from refugee influx
23 Jan 2016
The migration crisis has threatened major shifts in population, French Prime Minister Manuel Valls said, and warned that the open arms policy has put the concept of Europe itself in very grave danger
World economy too reliant on a 'make-believe’ market: Raghuram Rajan
21 Jan 2016
While there isn’t anything in the global economy to support market tantrums, Reserve Bank governor Raghuram Rajan says there is some anticipation that as central banks start reducing an accommodating stance, asset prices will find the appropriate level
World’s richest 1% own as much as remaining 99%
19 Jan 2016
The study by UK non-profit Oxfam found that the 62 richest people in the world own as much as the poorest 3.6 billion, and the rich-poor gap has widened dramatically in the past 12 months
EC president Jean-Claude Juncker warns of serious economic consequence over migration crisis
16 Jan 2016
Iran set to be unshackled from sanctions today
16 Jan 2016
Terror attack in Burkina Faso leaves 20 dead
16 Jan 2016
Al Qaeda-linked terrorists stormed a hotel popular with foreigners in the West African nation, leading to a gun battle after which security forces were able to evacuate 126 hostages
Oil falls below $30 as Iran floods market, Chinese demand slows
16 Jan 2016
Oil prices crashed to a 12-year low below $30 a barrel as a post-sanctions Iran prepared to unleash a flood of new oil amid a slowdown in demand from the world's two biggest economies, the US and China
Post-sanctions Iran to unload oil on India, Europe
15 Jan 2016
Iran hopes to increase its exports to India by 200,000 barrels per day to some 460,000 bpd, and Indian refiners say they are willing to buy it if the price is right
India-Pak talks put off by mutual agreement
14 Jan 2016
India said today it is working with Pakistan to fix a new date for the foreign secretary-level talks that were scheduled for Friday, while it is prepared to welcome a special investigation team from Pakistan
Ad spending growth in UK hits three-year low
14 Jan 2016
A net balance of 0.5 per cent of companies increased their advertising budgets in the December quarter, compared with 4.4 per cent in the previous quarter and 6.1 per cent in the same period the year before
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