Sao Paulo begins mandatory detention of crack addicts Brazil's economic capital Sao Paulo on Monday began mandatory detention of drug addicts for rehab, authorities said, amid rising worries over an epidemic of crack cocaine use.
BoJ starts first meeting under new Japan government The Bank of Japan on Monday began its first policy meeting since the new premier took office with a pledge to pressure it into aggressive monetary easing to revive the long-suffering economy.
22 January 2013
IMF releases aid to Greece after long delay After lengthy delays, the International Monetary Fund unblocked part of its aid to Greece Wednesday, offering a brief respite to the recession-mired country grappling with austerity measures.
World Bank economist urges end to US fiscal fights The World Bank's chief economist called on the United States Tuesday to end a series of political budget battles by undertaking structural economic reforms.
17 January 2013
Factories close, workers flee: Syria industry losing steam Once cogs in a dynamic industrial engine that helped power Syria's economy, the factories in a sprawling zone in the heart of battle-ravaged Aleppo now stand largely silent, the workers mostly fled.
16 January 2013
Luxury, sports cars in Detroit spotlight as sales boom Luxury and sports cars will be in the spotlight when the Detroit auto show opens Monday amid booming sales and renewed optimism as the US economy rebounds from a deep downturn.
14 January 2013
Mali crucible gives Hollande chance to forge new imageFrancois Hollande's decision to order French forces into battle in Mali represents a watershed moment for a president derided by his critics as a compulsive ditherer.
14 January 2013
Gambians stage anti-EU demonstration Thousands of Gambians Friday marched in the capital, Banjul to show solidarity with President Yahya Jammeh in his row with the European Union.
13 January 2013
French unions, employers agree changes to labour lawsFrench President Francois Hollande led a chorus of approval after unions and employers reached a deal on reforms to the country's complex labour laws after more than three months of talks.
Apple sees China becoming biggest market: report Apple Chief Executive Tim Cook, on his second visit to China in a year, said he expects the country to surpass the United States as the technology giant's largest market.
Japan plans extra $2.1 bn on military spend: official Japan plans to spend an extra $2.1 billion on missiles, fighter jets and helicopters, an official said Wednesday, as Tokyo looks to boost defence capabilities with concerns growing over a rising China.
09 January 2013
Malawi's Banda assures IMF of economic reforms Malawi's President Joyce Banda has assured visiting IMF managing director Christine Lagarde that the impoverished southern African country will not backtrack on reforms to help the economy recover.
06 January 2013
IMF: US 'cliff' actions not enough The International Monetary Fund said Wednesday that US actions to avoid the fiscal cliff did not go far enough to address the country's long-term fiscal deficit and debt problems.
03 January 2013
Obama signs 'fiscal cliff' bill into law President Barack Obama has signed into law a contentious compromise bill hammered out in Congress that narrowly averted the US 'fiscal cliff of tax hikes and drastic, immediate cuts in spending.
03 January 2013
US House to vote imminently on 'fiscal cliff' deal The House of Representatives will vote late Tuesday on a bill already approved by the Senate to avert huge New Year tax hikes and spending cuts known as the "fiscal cliff".
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