News about economy

Halving world hunger by 2015 'within reach': UN Despite economic crises and dwindling aid, the UN said Monday huge progress had been made towards meeting the so-called Millennium Development Goals.
01 July 2013
China manufacturing index hits nine-month low: HSBC Chinese manufacturing activity contracted further in June, data showed Monday, with a closely watched survey hitting a nine-month low and adding to signs of weakness in the world's second-largest economy.
01 July 2013
Spain raises taxes on alcohol, tobacco The Spanish government, which is struggling to cut one of the eurozone's largest public deficits during a double-dip recession, on Friday raised taxes on tobacco and alcohol.
29 June 2013
Deaths in China Xinjiang riot raised to 35: Xinhua The death toll in one of the worst riots in China's restive Xinjiang area has been raised to 35 from 27, state media said Friday, amid reports of tightened security ahead of a sensitive anniversary.
28 June 2013
Lagarde hopes Europe will 'one day' appreciate IMF IMF chief Christine Lagarde hopes the new Greek government "will hold" and that "one day" the Fund's work in Europe, currently the target of criticism.
28 June 2013
New York oil soars after Canadian pipelines shut New York oil prices sharply rebounded Monday after a leak forced the closure of Canadian pipelines, raising concerns about supply disruptions in North America.
25 June 2013
EU leaders meet as doubts grow over future EU leaders meet this week knowing they have to deliver growth and jobs, especially for the young, as years of debt crisis austerity and soaring dole queues test faith in the European project.
25 June 2013
'Dear Italy, I have left, but would return if...' As thousands of Italians leave the country to look for work elsewhere, one young journalist's blog claims to offer "a megaphone for this generation," a voice to all those who profess to be ready to return "if...".
25 June 2013
French minister rounds on 'undemocratic' EU A French minister has blamed the European Union for fuelling the recent resurgence of the far-right Front National (FN) in France by exerting too much pressure on democratically elected governments.
24 June 2013
British economy 'out of intensive care': Osborne Finance minister George Osborne on Sunday said the British economy was "out of intensive care" but that government would stick to a path of deep cuts to public spending.
24 June 2013
EU finance minister talks break down on bank closure regime European Union finance ministers failed early Saturday to reach an agreement on how to close down failing banks before they can do too much damage to the wider economy.
24 June 2013
Chinese buy up Canada farms; is Beijing behind it? With too few farms in China to feed a burgeoning population, Chinese immigrants have started buying up agricultural lands in Canada and shipping produce to Asia.
23 June 2013
Palestinian statehood at 'dead-end': Israel minister Israeli Economy Minister Naftali Bennett said on Monday that the idea of a Palestinian state was at a "dead end", prompting the Palestinians to accuse him of sounding the death knell of a two-state solution.
18 June 2013
Kelimbetov to take part in Saint-Petersburg Economic Forum Deputy Prime-Minister of Kazakhstan Kairat Kelimbetov will take part in the Saint-Petersburg International Economic Forum.
17 June 2013
Kazakhstan government hopes for 6-percent economy growth in 2013 The crisis and the recession are still in the act and not everything is going well at the global markets: Serik Akhmetov.
17 June 2013
World Bank sees less global growth, more stability The World Bank on Wednesday lowered its growth estimate for the global economy in 2013, but said that expansion appeared better balanced than just before the 2008 financial crisis.
13 June 2013
World Cup visitors: beware of Brazil's sky-high prices Tourists planning to flock to Brazil for the World Cup a year from now should brace for some of the world's highest housing, restaurant and transport prices.
12 June 2013
Hungary economic 'fairy tale' comes true, or so it seems When Hungary's economy minister predicted a year ago an economic "fairy tale" for Hungary in 2013, few believed him. But recent data from the central European country show he might have been right.
12 June 2013
US 'disappointed' by Sudan order to shut pipline The United States said Monday an order by Sudanese President Omar al-Bashir to shut down an oil pipeline carrying South Sudanese crude was "deeply disappointing".
12 June 2013
Kazakhstan GDP grows 5 percent in January-May 2013 GDP growth made 5 percent in January-May 2013, which is 0.2 percent higher than in January-April this year: Minister.
11 June 2013
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