The world’s oil sector is undergoing some tectonic shift; the US is the largest crude producer now, overtaking
US becomes the new Sheikh of the oil world as shale continues to rock the industry.
Category: Global Economy
China registers hurting low inflation; indicating future slowdown
World’s second largest economy and emerging market giant, China registered an uneasy low inflation of 1.2 per cent.
Alpine Pledge: G7 countries decides to phase out fossil fuels
In a historical decision, the world’s top seven industrialized countries –the G7 has decided to decarbonise their economies.
IMF asks the US Fed to postpone rate increase until early 2016
The IMF has asked the US Federal Reserve not to raise its planned interest rate hike until the
Bernanke attacks US Congress for the genesis of AIIB
Former US central banker, Ben Bernanke blamed the US Congress for pushing China to form AIIB. Bernanke, who
Sports Today: Fifa officials arrested for corruption; Russia and Qatar may lose World Cup venues
The US and Switzerland investigators have cornered nine Fifa officials and four executives of corporate sports bodies for
IMF hints global currency status to China’s Renminbi
The day for the ascend of Renminbi as a global currency is not far away. The IMF has
Japan comes out with a $110 bn Plan to rival China’s AIIB
Japan has today announced a $110 billion Plan to finance infrastructure projects in Asia. The decision made by
China unveils ambitious Manufacturing Plan to compete with West
China has revealed a very impactful ‘Made in China 2025 Plan’ to upgrade its manufacturing competence to that
South Korea joins India’s infrastructure development efforts
India and South Korea have upgraded the economic content of their bilateral relationship as the East Asian country