International Economy

Syria faces serious medicine shortage due to conflictsSyria faces serious medicine shortage due to conflicts

Syria faces serious medicine shortage due to conflicts

The Syrian market is facing considerable shortage of some drugs as most pharmaceutical laboratories in northern Syria are out of…

10 years ago
Internet impacting economic development across Africa: ReportInternet impacting economic development across Africa: Report

Internet impacting economic development across Africa: Report

The use of Internet is rising in Africa and is having a "transformative effect" on the continent's development and could…

10 years ago
End self-inflicted fiscal pain, says ObamaEnd self-inflicted fiscal pain, says Obama

End self-inflicted fiscal pain, says Obama

US President Barack Obama called for bipartisan efforts to end self-inflicted fiscal pain in the nation, like the government shutdown…

10 years ago
Commonwealth summit begins in ColomboCommonwealth summit begins in Colombo

Commonwealth summit begins in Colombo

Sri Lanka formally assumed the chair of the Commonwealth as heads of governments of 53 member-countries of the former British…

10 years ago
Syria’s oil production drops amid domestic crisisSyria’s oil production drops amid domestic crisis

Syria’s oil production drops amid domestic crisis

The oil industry, a main lifeline for the Syrian economy, is at risk as the main oil fields in northeastern…

10 years ago
Syrian war cost tops $103 bn: UNSyrian war cost tops $103 bn: UN

Syrian war cost tops $103 bn: UN

The total cost of Syria's almost three-year-long conflict has reached over $103 billion in the first half of 2013, the…

10 years ago
Obama’s sales pitch: We are open for businessObama’s sales pitch: We are open for business

Obama’s sales pitch: We are open for business

Declaring that "We are open for business", President Barack Obama announced what the White House described as the first-ever comprehensive,…

10 years ago
Obama announces first federal efforts to draw foreign investmentObama announces first federal efforts to draw foreign investment

Obama announces first federal efforts to draw foreign investment

US President Barack Obama on Thursday announced first-ever coordinated federal efforts to attract foreign investment and bolster economic recovery.

10 years ago
Former IMF official cautions about global low-growth trendFormer IMF official cautions about global low-growth trend

Former IMF official cautions about global low-growth trend

Former International Monetary Fund (IMF) senior official on Thursday expressed his concerns about the prolonged low growth trend of the…

10 years ago
China re-elected to UN Economic and Social CouncilChina re-elected to UN Economic and Social Council

China re-elected to UN Economic and Social Council

China was re-elected to the UN Economic and Social Council (ECOSOC) in United Nations on Wednesday, Xinhua reported.

10 years ago
China’s industrial profit growth improvesChina’s industrial profit growth improves

China’s industrial profit growth improves

Major Chinese industrial firms saw their profits rise 13.5 percent year-on-year in the first three quarters January-September, better than the…

10 years ago
Boosting sister ties with China: Cities to learn from each otherBoosting sister ties with China: Cities to learn from each other

Boosting sister ties with China: Cities to learn from each other

With over 2,000 twinning agreements with major metropolises around the world, China has established sister ties between three of its…

10 years ago
US should tackle medium-term fiscal challenges: IMFUS should tackle medium-term fiscal challenges: IMF

US should tackle medium-term fiscal challenges: IMF

Despite a short-term deal to fund the federal government's operation and increase the debt ceiling, the US should focus on…

10 years ago
US joblessness falls to 7.2 percent in SeptemberUS joblessness falls to 7.2 percent in September

US joblessness falls to 7.2 percent in September

The US economy added a further 148,000 jobs in September, while the unemployment rate edged down to 7.2 percent --…

10 years ago
US Senate reaches fiscal deal to end US shutdownUS Senate reaches fiscal deal to end US shutdown

US Senate reaches fiscal deal to end US shutdown

More than a fortnight after the government shutdown in the US, Republican and Democrat leaders of the Senate on Wednesday…

10 years ago

US shutdown blues: From end of earth to outer space

The US government shutdown, now in its 16th day, has forced hundreds of thousands of federal workers to stay home…

10 years ago

Fitch puts US triple-A credit rating under negative watch

Fitch Ratings on Tuesday placed the 'AAA' credit rating of the US on rating watch negative (RWN), saying that delays…

10 years ago

Dubai gold bourse posts 69 percent growth in Q3

The year-to-date volumes on the Dubai Gold and Commodities Exchange (DGCX) registered a growth of 69 percent over last year,…

10 years ago