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EU “Not Available” For Trade War with China, Says Official
The European Union’s ambassador to China has rejected reports of a trade war between the two economic heavyweights – which together make up the world’s largest trade relationship –...
Iran Offers $1 Billion Credit Line To Syrian Regime
Officials from Syria and Iran have signed a $1 billion credit facility agreement that will allow Syrian importers to purchase Iranian supplies without the need for a direct cash...
Hong Kong Pledges $1.3 Billion To Fight Air Pollution
Hong Kong Chief Executive Leung Chun-ying has announced up to HK$10 billion ($1.3 billion) in subsidies to replace and limit diesel-powered vehicles in the former British colony, reported the...
Bundesbank to Repatriate Gold from Vaults in NY and Paris
Germany’s central bank will repatriate part of its $200 billion gold reserves stored in vaults in the United States and in France, according to reports by the German press....
Advanced Nations Holding Back Global Growth: World Bank
The World Bank has reduced its global growth forecast from 3 percent to 2.4 percent in 2013, projecting that the downturn in Europe and fiscal problems in the United...
China Offers $48,200 Reward For Food Safety Whistleblowers
China’s food safety watchdog, the State Food and Drug Administration (SFDA), has offered cash rewards of up to 300,000 yuan ($48,200) to any individual willing to report on health...
Nike Factory In Indonesia Hired Military To Pressure Workers Into Less Pay: Reports
U.S. sporting goods giant Nike on Tuesday said that it would be launching an immediate investigation into its manufacturers in Indonesia, reported AFP, after reports emerged that Nike-contracted factories...
Infographic: Should You Invest in Gold?
There has been a heightened interest in gold, evidenced by its all-time high trading price. Precious metals like gold are a popular choice for investors because it is safe...
Raising Debt Ceiling Does Not Create New Deficits: Bernanke
Chairman of the Federal Reserve Ben Bernanke yesterday urged Congress to raise the nation’s borrowing limit to avoid a potential default on U.S. debt, warning that the economy is...
UK Economy To Face Decade Of Austerity: CEBR Report
U.K. citizens are likely to face another ten years of austerity as the government struggles to bring down the national debt level, said a leading economics think-tank on Tuesday,...


