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Renewable Energy Seen As Key To Greece’s Economic Recovery
Greece will accelerate the development of a 20 billion euro ($27 billion) solar-energy project named “Project Helios”, after the ancient sun god, said prime minister Lucas Papademos on Tuesday,...
China Overtakes the US as the World’s Largest Grocery Market
China may be the world’s second largest economy behind the United States, but a recent industry report shows that the East Asian giant is already the world’s largest market...
China Opens Up Equity Market To More Foreign Investment
China has said it will more than triple the total amount of foreign investment in Chinese securities, as the existing programme nears its limit. At the same time, Chinese...
Brazil Offers More Tax Cuts & Subsidized Loans To Industries
The Brazilian government rolled out more tax cuts and other relief packages for ailing industries on Tuesday, after President Dilma Rousseff claimed that “predatory competition” from big exporters like...
Greek Athletes Risk Missing Olympics Due To Cuts In State Funding
Greece’s track and field federation may be forced to suspend all their existing programmes and activities, said Federation head Vassilis Sevastis to the Associated Press on Tuesday, after cuts...
Australia Wants To Hire Skilled US Engineers and Electricians
The Australian government has announced it will overhaul its visa assessment system for American workers as its economy struggles to fill jobs in key sectors that are currently enjoying...
Goldman Sachs Wants To Profit From US Real Estate Rebound
The bank that bet big on a housing market crash in 2007/08, and profited from it, is about to place another bet on the US real-estate market. This time,...
India Faces International Pressure To Abandon Tax Plans
International trade groups, along with other foreign government officials, have advised the Indian government to reconsider their proposal to retroactively tax corporations for prior overseas deals, said a report...
Vanilla Crisis To Push Ice Cream Prices Up By 10 Percent
Ice cream prices could go up by as much as 10 percent around the world this year, said a report by the Telegraph on Monday, after two of the...
Key Economic News To Watch This Week: April 2
A quick preview of the key economic events for the upcoming week: This week, investors will be eagerly anticipating the European Central Bank interest rate announcement. The Bank that...


