Argentina, South America's third-largest economy, is "probably" in the midst of a recession and won't register meaningful growth this year amid high inflation and weak industrial output, according to a new report.
Roland Li
Aug 21, 2012
South Africa's miner protests underscore a new dynamic -- the organizations that once wrested power from an oppressive minority are now being targeted as oppressors themselves.
Jacey Fortin
Aug 21, 2012
Most of the Asian markets rose Tuesday as investors maintained hopes about monetary easing measures from policymakers around the world to tackle the weakening of the global economic growth.
Bhaskar Prasad
Aug 21, 2012
Most Asian markets fell Monday as investor confidence was weighed down by the lack of stimulus measures from policymakers to support the global economy and regain the growth momentum.
Bhaskar Prasad
Aug 20, 2012
Advisers to the prime minister issued a stern warning to the government on Friday on the need to rein in the country's fiscal and current account deficits to avoid the risk of a credit ratings downgrade to junk status.
Ambrosia Sabrina
Aug 18, 2012
Hungary's best and brightest are feeling pinched by an increasingly demanding government.
Jacey Fortin
Aug 17, 2012
Nigerian President Goodluck Jonathan has plans to invest heavily in the country's future Olympians -- even though most of the population still lives in poverty.
Jacey Fortin
Aug 17, 2012
President Dilma Rousseff said the investment will include the laying of 6,200 miles of train tracks and building or widening 4,660 miles of federal highways.
Oliver Tree
Aug 16, 2012
In Botswana, diamonds have been key to the country’s successful economy -- proof that a valuable resource is only as good as the entities that handle it.
Jacey Fortin
Aug 16, 2012
Expect a popular backlash if the government raises diesel prices to halt the subsidy drain on its finances - not only from the millions of poor who need cheap fuel but from increasing numbers of the well-off and businesses who don't.
Ambrosia Sabrina
Aug 16, 2012
Asian markets were mixed Thursday as investors maintained a watchful mode awaiting monetary easing measures from policymakers around the world to tackle the weakening of the global economic growth.
Bhaskar Prasad
Aug 16, 2012
U.S. industrial output expanded last month at the fastest pace since April and manufacturing notched another solid advance, hinting at underlying resilience in an economy that has struggled to establish momentum.
Joseph Lazzaro
Aug 15, 2012
India's Prime Minister Manmohan Singh Wednesday said that the country was unable to create an environment for rapid economic growth due to lack of political consensus and promised to work hard to shield the country from the effects of global economic slowdown.
Amrutha Gayathri
Aug 15, 2012
India Wednesday celebrated its 66th Independence Day with gaiety and fervor. The celebrations were held in offices, colleges and schools across the country with cultural programs.
Sreeja VN
Aug 15, 2012
Most of the European markets fell Wednesday as investors were losing optimism on policymakers announcing stimulus measures to rejuvenate the weakening euro zone.
Bhaskar Prasad
Aug 15, 2012
A mix of luxury brands and discounters reported quarterly earnings that topped expectations, results that underscored a broader report showing U.S. retail sales broke three consecutive months of declining growth in July as consumers regained some semblance of confidence this summer.
Moran Zhang
Aug 14, 2012
Are Tunisian women "complementary to men?" A new draft constitution says as much, but thousands of demonstrators disagree.
Jacey Fortin
Aug 14, 2012
The Obama campaign is warning that newly-minted vice presidential candidate Paul Ryan's Medicare proposal will "end Medicare as we know it." Mitt Romney has vowed to shield Medicare from what he calls a ruinous cutbacks imposed by the Affordable Care Act. Which campaign is being accurate?
Jeremy White
Aug 14, 2012
Most of the European markets rose Tuesday as investors were hopeful that the ECB will soon announce stimulus measures as the GDP data from Germany and France indicate that the euro zone economy continues to falter.
Bhaskar Prasad
Aug 14, 2012
As India gets ready to celebrate its 66th Independence Day August 15, it appears to be no time to rejoice with its economy faltering as a result of the global economic slowdown and weak governance.
Bhaskar Prasad
Aug 14, 2012
Asian shares steadied Tuesday with investors staying sidelined ahead of more figures from Europe and the United States later in the day, after recent data showed the euro zone's debt woes were eroding business activity globally.
Eric Linton
Aug 13, 2012
Singapore's population can't keep up with its productivity. Can the government do anything to get some more buns in the oven?
Jacey Fortin
Aug 13, 2012
