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China’s Bird Flu Outbreak Cost Industry Losses of $6.5bn
While the spread of H7N9 virus appears to have been brought under control in China, public healthcare experts say the bird flu outbreak has cost the country's poultry industry...
Italy Ponders Radical ‘Job Sharing’ Scheme To Improve Youth Unemployment
The Italian government is reportedly considering a “generational handoff” scheme that will see older workers reduce their work hours in order to mentor younger employees at the same job,...
Germany Offers 5,000 Jobs A Year To Unemployed Young Spaniards
Germany and Spain have signed an agreement that will place up to 5,000 young Spaniards each year in German jobs or apprenticeships, the Financial Times reported. The deal, signed...
Apple Accused of “Highly Questionable” Tax Avoidance
Cupertino-based technology giant Apple has been accused by a U.S. Senate committee of trying to find the “Holy Grail of tax avoidance” by using a “complex web of offshore...
China Accused of Free-Riding in Global Trade
The European Commission on Monday said China cannot be a free-rider in global trade and had to take responsibility for its conduct in global trade systems. Speaking to the...
Rumours Of Welfare Cessation Spark Bank Run In Brazil
A visibly angry Brazilian President Dilma Rousseff on Monday ordered a federal investigation to determine the source of a widespread rumour, which had claimed that the government’s social security...
Qatar To Invest $1 Billion In Foreign Energy Infrastructure
Qatar has vowed to invest close to $1 billion in foreign energy infrastructure assets, reported Reuters on Monday, through the creation of a new investment fund, which will be...
Global Warming Slower Than Predicted but Outlook Critical
The Earth may warm at a slightly slower rate in coming decades than scientists were predicting six years ago, but the world is still likely to be in for...
China Promises Improved Ties with India
Chinese Premier Li Keqiang pledged on Monday to build trust with India and declared that ties between the Asian giants were key to world peace as he visited New...
Key Economic News to Watch This Week: May 20
This week offers the first major gauge of the health of the global economy in 2013, with huge implications for policymakers and investors for the second half of the...


