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World fears US default, Obama warns President Barack Obama warned Tuesday that world leaders were nervous Republicans would "blow up" the US economy, and vowed not to budge on his demand for the debt ceiling to be lifted without conditions.

09 October 2013

Default fears fuel angst in shutdown Washington The "unthinkable" threat of a US default weighed on Washington Monday, as a standoff over raising the government debt ceiling drowned out angst over a week-long government shutdown.

08 October 2013

Palestinian GDP can expand by a third if Israel lifts limits: World Bank The Palestinian economy could expand by over a third if Israel were to lift its restrictions on about 60 percent of the West Bank that it controls.

08 October 2013

'God Particle' in focus as Nobel season kicks off The Nobel season kicks off Monday amid expectations that the physics prize will honour the discovery of the "God Particle", while a Pakistani girl who was shot and nearly killed by the Taliban could receive the peace prize.

07 October 2013

Shutdown forces EU, US to cancel trade deal talks The second round of scheduled talks between top European Union and American officials to clinch the world's largest trade deal have been cancelled because of the US government shutdown.

05 October 2013

Japan's Aso warns of 'consequences' of US debt default Japanese Finance Minister Taro Aso on Friday urged the United States to resolve political gridlock in Washington, warning of grim "consequences" for the global economy if it leads to a debt default.

05 October 2013

US default could be 'catastrophic': Treasury The US Treasury warned Thursday of a disastrous outcome if Congress's refusal to raise the country's borrowing ceiling forces it to default on obligations.

04 October 2013

Unemployment remains dark spot in Spanish economy Spain's government sees light at the end of the tunnel with the end to a two-year recession but analysts warn joblessness will continue to weigh down the eurozone's fourth-largest economy.

04 October 2013

Brazil economy in need of reforms, reduced state bloat Brazil, Latin America's economic behemoth, is in dire need of structural reforms and reduced government bloat to fuel sustainable growth.

03 October 2013

US economy faces hefty hit if government shuts down A US government shutdown would hit an economy struggling to sustain its post-crisis rebound, but experts say the impact will only be substantial if Washington's political paralysis lasts several weeks.

01 October 2013

Ecuador becomes visa-free for Kazakhstan citizens Kazakhstan and Ecuador has mutually cancelled the need for visas.

30 September 2013

Japan reports weaker August factory data ahead of tax hike decision Japan's factory output slipped more than expected in August but the government put an upbeat gloss on the data Monday, a day before Premier Shinzo Abe issues his long-awaited decision on hiking sales taxes.

30 September 2013

Chinese tourists, diplomats make a splash in the Maldives The travellers pouring off flight LV199 from Shanghai into the international airport of the Maldives, many dressed in designer labels, are an unmissable sign of China's interest in the far-flung archipelago.

29 September 2013

Algeria smuggling crackdown cuts fuel line to Morocco Until three months ago, petrol smuggling literally drove Morocco's neglected eastern region, where the subsidised liquid smuggled in from Algeria fuelled the local economy.

28 September 2013

Migrant workers keep Thai fishing industry afloat Sifting through freshly caught sardines at a port in southern Thailand, Shi-Jai is one of thousands of migrant workers -- including women and children -- who keep the kingdom's huge fishing industry in business.

26 September 2013

Shale boom remakes US energy, economy The US shale boom is remaking the nation's industrial landscape and raising the prospect of energy independence in the world's biggest oil consumer.

24 September 2013

Global panel to make economic case on climate change Mexico's former president Felipe Calderon said that climate action can boost both developed and emerging countries as he led a new commission bringing together government and business leaders.

24 September 2013

Rail links Russia and sanctions-squeezed N. Korea Russia and North Korea have reopened a rail link that Pyongyang hopes will offer a trading boost to the isolated, sanctions-squeezed state.

23 September 2013

Triumphant Merkel to start search for coalition ally The day after her stunning election triumph, German Chancellor Angela Merkel was Monday set to start the process of haggling with potential partners over how to rule Europe's biggest economy.

23 September 2013

Shanghai free trade zone will deal a blow to Hong Kong: Li Asia's richest man Li Ka-shing warned that Shanghai's new free trade zone will have a "big impact" on Hong Kong, urging the city to up its game to avoid losing out.

18 September 2013

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