World economy
US trade deficit at a 5-month high of $48.3 bn in August
07 Oct 2015
US has amassed a trade deficit of $531.6 billion so far this year, a 4.6 per cent increase compared to last year’s deficit of $508.3 billion
Big US firms hold $2.1 trillion in tax havens: study
06 Oct 2015
The 500 largest US companies would collectively have to pay an estimated $620 billion in taxes if they brought back the funds stashed abroad
New Trans-Pacific trade deal could transform global economy
06 Oct 2015
The new Trans-Pacific Partnership between the US, Australia and Japan is expected to set common standards for 40 per cent of the world’s economy, and is seen as a challenge to China’s growing dominance in the Pacific region
Bernanke wanted worst Wall Street executives jailed
05 Oct 2015
Former Fed chief Ben Bernanke says the US Department of Justice should have vigorously investigated individuals for wrong-doings rather that focusing on their firms alone
World Bank sees global poverty rate below 10% in 2015
05 Oct 2015
The number of people living in extreme poverty around the world is likely to fall to below 10 per cent of the global population, down from the earlier estimate of 20 per cent
UN needs reforms to address new challenges: India
03 Oct 2015
Imparting more legitimacy and balance to the Security Council would restore its credibility and equip it to confront the challenges of our times, external affairs minister Sushma Swaraj told the UN General Assembly
Mining, oil exploration threat to almost a third of natural World Heritage Sites: Study
03 Oct 2015
According to research from the World Wide Fund for Nature and asset managers Aviva Investors and Investec, 70 out of the 229 natural World Heritage Sites are at risk from extractive industries
UK manufacturing stagnates as job cuts begin
01 Oct 2015
India up 16 places in WEF global competitiveness ranking
30 Sep 2015
The World Economic Forum attributes the improvement to the pro-business, pro-growth, and anti-corruption stance of the new government that has improved the business community’s sentiment"
France bombs Islamic State camp in Syria
28 Sep 2015
France seeks bigger role for Iran in Syria
28 Sep 2015
US, Russia fail to break new ground on Syria
28 Sep 2015
G4 Summit: Modi calls for a representative UNSC
26 Sep 2015
A day after pitching strongly for UN Security Council reforms, Prime Minister Narendra Modi today hosted a summit of G-4 leaders that have taken the lead in pressing for the overhaul
UN summit adopts 15-year blueprint for sustainable development
26 Sep 2015
The new sustainable development goals, which consider social, economic and environmental dimensions as elements of a coherent whole, is expected to cost between $3.5 trillion and $5 trillion every year until 2030
Annual battle: Choking Singapore blasts Indonesia
26 Sep 2015
The annual problem has been causing hazardous pollution levels across the region for weeks
Stampede at Mina kills 717 Haj pilgrims, leaves 805 injured
24 Sep 2015
Thursday’s stampede at Mina involved some two million people performing the stonning of the satan during the annual Haj pilgrimage
London tops NY as world’s best place to do business
24 Sep 2015
Overtaking New York, London has topped every single category in the Z/Yen-compiled index, reflecting the credibility of the new Conservative government
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