World economy
Private prisons threaten to sue states over vacancies
10 Nov 2015
While the Netherlands is closing down eight prisons as there are not enough criminals to fill them, private prisons in the US are suing the government for not "filling vacancies"
Text of US-Pacific trade pact adds fuel to debate
06 Nov 2015
The Obama administration has released the full text of the path-breaking Trans-Pacific Partnership or TPP, prompting immediate criticism from unions, environment groups, and – surprisingly – from Ford Motor Co
Stanford researchers' calculations reveal higher-than-expected global economic cost of climate change
05 Nov 2015
US factory orders fall for second straight month
04 Nov 2015
President Erdogn's AK Party set to rule Turkey with clear majority
02 Nov 2015
President Recep Tayyip Erdogan’s Justice and Development Party (AK Party) is on track to win back its parliamentary majority, though counting is yet to be completed in some of the largest cities
S&P downgrades Saudi Arabia on oil price slump
31 Oct 2015
Earlier this week, IMF said that Saudi Arabia could exhaust all its cash reserves in five years and would become bankrupt, if oil prices continue at the same levels the government spending remains umaltered
S&P downgrades Saudi Arabia on oil price slump
31 Oct 2015
Earlier this week, IMF said that Saudi Arabia could exhaust all its cash reserves in five years and would become bankrupt, if oil prices continue at the same levels the government spending remains umaltered
China spurns arbitration court ruling
31 Oct 2015
China scraps one-child rule, lets couples have a second
30 Oct 2015
Analysts say the relaxation doesn’t mean couples will rush to have a second child, and any hoped-for demographic dividend will take a long time to fructify
US Fed rate hike looks a mirage; deferred till December
29 Oct 2015
Investors had expected the Fed to hike rates as planned despite international pressure to keep rates at current levels so as to keep markets calm
Nepal gets its first woman president
28 Oct 2015
Bidhya Devi Bhandari is Nepal’s second President since the Himalayan nation was turned into a republic after abolishing the centuries-old monarchy
UK GDP growth slows to 0.5% in Q3
28 Oct 2015
‘Pak using Taliban to counter India in Afghanistan’
26 Oct 2015
Documents accessed by WikiLeaks from the email account of CIA director John Brennan reveal his opinion that at least some elements in the Pakistan military and intelligence service want to maintain close ties with the Taliban
China cuts key interest rates to spur growth
24 Oct 2015
This is the sixth time this year the central bank has cut the key interest rates in a bid to support the economy
ECB keeps rates unchanged to support growth
23 Oct 2015
"Monetary policy should not be the only game in town," Mario Draghi, president of the European Central Bank, told a news conference in Malta, adding, "All countries should strive for growth-friendly fiscal policies"
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