Analysts are already pointing to a policy dilemma: If these countries cut back on government borrowing, growth will suffer.
A growing roster of central bankers and politicians are opposed to the idea of an IMF bailout for Greece. They argue it would violate European Union law and that the bloc is big enough to solve the problem on its own.
What Haiti needs Haiti was stuck by an earthquake measuring "7.0-magnitude quake, Haiti's worst in two centuries, struck at 1653 local time (2153 GMT) on Tuesday, just 15km (10 miles) south-west of Port-au-Prince and close to the surface." More than 100,000 people are estimate …
We did not get an agreement on 50% reductions in global emissions by 2050 or on 80% reductions by developed countries. Both were vetoed by China, despite the support of a coalition of developed and the vast majority of developing countries.
Continue reading this entry ...
The world's political leaders, not least President Barack Obama and Prime Minister Gordon Brown, are in a state of severe, almost clinical, denial.
India's approach should have been to push for what it considered to be a "fairer, juster deal" on climate change that all parties can agree to -- and if that means mandatory cuts, then so be it.
In a development that took almost all observers by surprise, India, China, and Brazil walked out the plenary session of the climate summit at Copenhagen, making it certain that the summit will end in abject failure.
[caption id="attachment_3815" align="aligncenter" width="581" caption="For the rich, by the rich, to the rich"][/caption]
on the global role of the dollar, Zhu told an academic audience that it was inevitable that the dollar would continue to fall in value because Washington continued to issue more Treasuries to finance its deficit spending. He then addressed where demand for that debt would come …
nine Latin American nations said Saturday they plan to use a new currency dubbed the ''sucre'' for trade among themselves starting in January. No sucres will be printed or coined, but the virtual currency will be used to manage debts between governments while reducing reliance o …
Dubai - the modern El dorado? In the last 40 years, Dubai and Middle East oil had interesting effects in India. After the 1973 Oil Embargo, the oil riches, the glitzy infrastructure boom of the Middle East, new found power had a profound effect in India.
Continue reading this entry ...
Maldivian officials said the idea to hold the attention-grabbing underwater cabinet meeting came from President Mohamed Nasheed when he was asked by an activist group to support its "environmental day" action on October 24. "The 350.org group asked if the Maldives can hold an …
Chief of Army Staff Gen Deepak Kapoor has said that there are still 42 terror camps operating across the border in Pakistan in which 2000 to 2500 terrorists are still waiting to infiltrate into Indian side.
Professor Phil Jones, director of the U.K.'s University of East Anglia's Climatic Research Unit said he stands by the science produced at the center but while the investigation takes place it was important that the CRU "continues its world leading research with as little interrup …
Continue reading this entry ...
Each time the music stops. there are fewer players
In theory Switzerland is a secular state, whose constitution guarantees freedom of religious expression to all.
The greatest level of sympathy towards Israel can be found in India, according to international study on behalf of the Foreign Ministry, Yedioth Ahronoth reported Friday. According to the study, which was unprecedented in scope and was undertaken by an international market res …
The Glitter Dome by Joseph Wambaugh
More than three-quarters of young black men aged between 18 and 35 are on the system, the report said.
Before the western model brought by the British or the Church, there were ezhuthu pallis, or writing schools, run by ezhuthu ashans, or writing masters.
Lovely cartoon. Prime Minister Kevin Rudd issued a ... apology Monday to ... British children shipped to Australia with the promise of a better life, only to suffer abuse and neglect thousands of miles from home. At a ceremony ...
Law has finally caught up with a ring of picky burglars who had been targeting South Asian families in a Washington DC neighbourhood for their gold. Indian American residents of Fairfax, a suburb of the national capital in neighbouring Virginia, expressed relief as the police …
The Danish People's Party (DF) has strengthened its immigration stance by securing an agreement to pay 'anti-social' foreigners 100,000 kroner to leave Denmark.
If Google Book Search was to come into our homes every week and demand to see our reading lists, as well as instal security cameras to monitor exactly what we read, we would protest. But this is an online, invisible invasion.
RBI's decision to shore up its gold reserves needs to be seen in the context of other central banks across the globe increasing their gold reserves.
Latest Comments
Mumbai Massacre - The real blame and real culprits
The Great Recession - Outlines of Round 2
No IMF Aid. EU to Solve Greek Financial Fiasco Alone - SPIEGEL ONLINE
Tribute to Haiti - in their hour of tragedy
Copenhagen and its aftermath
Climate change – ‘Time for Plan B’ says Nigel Lawson
Amartya Sen at the Aspen Institute India's Conference in New Delhi - WSJ.com
Oil, Dubai and India
Brazil, China and India walk out - Copenhagen dead
Brazil, China and India walk out - Copenhagen dead