Global Economy

  • India's you too Brutus moment

    Not Worth Another Word |  Sreedhar Pillai
    "Et tu, Brute? - Then fall, Caesar! Proclaiming this is what Julius Caesar said on receiving the mortal stab from his most trusted friend ...

  • The Global Economy: Will the Craziness Stop in 2014? 17-01-2014 03:12 PM

    The year 2013 saw two anniversaries: The 50th anniversary of the assassination of President John F Kennedy and the 5th anniversary of the global financial crisis (GFC) and the collapse of Lehman Brothers. Both events continue to cause controversy. Theories about the presidential killing are still debated. There are still...
  • Global economy to grow in 2014: World Bank 15-01-2014 12:53 PM

    The global economy is estimated to expand at 3.2 per cent this year from 2.4 per cent in 2013, with growth picking up in developing countries and high-income economies, the World Bank said. But growth prospects remain vulnerable to US tapering, the global lender said in its semi-annual Global Economic...
  • Global study: World not ready for aging population 01-10-2013 07:22 PM

    The world is aging so fast that most countries are not prepared to support their swelling numbers of elderly people, according to a global study being issued Tuesday by the United Nations and an elder rights group. The report ranks the social and economic well-being of elders in 91 countries,...
  • Next 18 months tough for global economy: World Bank chief economist 19-08-2013 08:36 AM

    New Delhi: All eyes are on the markets after Friday's meltdown. It remains to be seen whether the Sensex will rebound on Monday after its worst fall in four years. World Bank chief economist Kaushik Basu has warned that the next year and a half will be tough for India...
  • No threat in China rivalry for Africa business, says Obama 30-06-2013 03:52 AM

    Pretoria: The United States does not feel threatened by the growth of trade and investment in Africa by China and other emerging powers, US President Barack Obama said on Saturday. Suggestions that he has allowed China to steal a march over the United States in doing business with Africa have...
  • China's foreign debt rises to $765 bn 29-06-2013 06:27 AM

    Beijing: China's outstanding foreign debt hit $764.97 billion by the end of March, up from about $737 billion at the end of 2012, the country's forex regulator said on Friday. The country's outstanding long and medium-term foreign debt stood at about $199 billion, up from about $197.06 billion at the...
  • US: Dow Jones soars to an all-time high 06-03-2013 08:30 AM

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  • No country immune from economic crisis: Lagarde 16-12-2011 07:59 AM

    Washington: No country is immune from an "escalating" euro zone crisis and each one must act to head off the risk of a global depression, the head of the International Monetary Fund said on Thursday. IMF Managing Director Christine Lagarde, speaking at the US State Department, said the outlook for...
  • US markets give up hopes for lasting euro solution 07-11-2011 09:50 AM

    New York: After another week of confusion and turmoil in Europe, investors are ditching whatever hopes they once had for a conclusive solution to the debt crisis. That may foreshadow a gloomy holiday season in markets, especially if wary investors opt to reduce risk in their portfolios and take refuge...
  • Western economic mess: Learn from the Indian middle class

    The Straight Drive |  Sriram Balasubramanian
    The BBC interview with a trader on the crashing of the Global Economy on YouTube, that is running viral caught my eye. It talked about...

  • Pranab for concrete steps to tackle economy 24-09-2011 12:09 PM

    Washington: Amid fears of a second dip recession, Indian Finance Minister Pranab Mukherjee has said that "concrete steps" will have to be taken to deal with the situation as there is no ready made formula to address the problems. "We are in a situation when international economic situation is very...
  • Global economy in danger zone: World Bank chief 03-09-2011 08:48 PM

    Beijing: The world economy is stepping into a "new danger zone," World Bank President Robert Zoellick said on Saturday, as growth slows and investor confidence weakens. Speaking in Beijing, Zoellick urged Europe and the United States to tackle their debt problems, and noted that near record-high food prices and volatile...
  • World stocks fall for 8th day after a wild week 06-08-2011 07:30 AM

    New York: World stocks fell for an eighth day on Friday, with around $2.5 trillion wiped off the value of global equities this week, but hopes the European Central Bank will buy the bonds of Italy's heavily indebted government helped lift markets off the lows of the day. Better than...
  • Wall street has a party hangover: Bush 24-07-2008 11:56 AM

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