Author : EW News Desk Team

Worldwide military spending declined by 0.5 percent last year to $1.75 trillion, according to data released by a Sweden-based security think-tank on Monday, reflecting major defence cuts in the...

More than a quarter of children under the age of 5 worldwide are permanently "stunted" due to malnutrition, claimed a report by the United Nations Children’s Fund (UNICEF) on...

Eurozone finance ministers on Friday agreed to give Ireland and Portugal seven more years to repay their bailout loans, in a bid to help the two euro nations wean...

China’s economy grew just 7.7 percent in the first three months of the year, a surprise figure that came in below analyst expectations and raises concerns that the nation’s...

The two-day Eurogroup meeting that began on Friday, where the region’s finance ministers discussed aid for Cyprus, Portugal and Ireland, could set the tone for the rest of the...

A leaked draft report by Cyprus’ international creditors shows that the cost of bailing out the island state has swelled to 23 billion euros ($30 billion), larger than the...

China’s foreign currency reserves rose in the first quarter by $130 billion, reaching a record $3.4 trillion, approximately the size of Germany’s economy, as a result of massive capital...

How far does your money go in the economy when you purchase a cup of coffee? In fact, if you buy 2 cups of coffee a day for a...

The World Trade Organisation on Wednesday cut its trade forecast for 2013, citing risks from the eurozone crisis and rising protectionism. Global trade is now expected to grow by...

Cyprus officials have agreed to sell around 400 million euros in excess gold reserves to help finance part of its bailout, according to various news reports which cited a...