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Infographic: How Much Economic Damage Does A Catastrophe Bring?
Natural disasters like hurricanes and floods have caused more than $2.4 trillion in economic and insurance losses in the past decade. Which disasters tend to be the most costly,...
Fewer Births in Europe Since 2008 Economic Crisis
Fewer babies have been born in Europe since the start of the 2008 financial crisis, ending a Europe-wide upswing in the birth rate, claims a new study. The study,...
Italy Credit Rating Downgraded To Two Levels Above Junk
Credit ratings agency Standard & Poor’s on Tuesday lowered Italy’s sovereign credit rating to BBB from BBB+ and placed its outlook on negative, citing weakening prospects for the eurozone’s...
Global Growth Slower Than Expected As Emerging Markets Slow: IMF
The International Monetary Fund on Tuesday cut its global economic growth forecast for 2013, citing new downside risks from recession-hit Europe and a slowdown in emerging markets. In its...
Global Corruption On The Rise
In the world’s largest assessment of public opinion on the matter, Transparency International found that more than one in two people think corruption has worsened over the last two...
Pollution in China Cuts Life Expectancy by 5.5 Years: Study
China’s decades-old policy of providing free coal for winter heating to residents in the north is shortening the lives of people by about 5.5 years and causing higher rates...
Australia Cost Of Living On The Rise
A report by The Economist’s Intelligence Unit called the “Worldwide cost of living index 2013” has named two of Australia’s major cities in the top five most expensive cities...
Key Economic News To Watch This Week: July 8
This week, the United States and European Union begin negotiations on a transatlantic free trade and investment agreement, though progress might be overshadowed by the US’ alleged spying activities...
French Authorities Using ‘NSA-Style Methods’ To Spy On Citizens: Report
France's foreign intelligence service, the Direction Generale de la Securite Exterieure (DGSE), has been sweeping up nearly all data transmissions, including telephone calls, e-mails and social media activity, that...
China Backs Shanghai To Be Mainland’s First Free Trade Zone
China's key financial centre Shanghai has received State Council approval to establish a trial free-trade zone within its surrounding area, serving as a test for some of the government’s...


