World stocks gain, dollar up against yen after G20 backs Japan

Published : 12:00 am  April 23, 2013  |  Category: International  |  Leave a Comment  |  352 views  |  
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Reuters: The dollar strengthened towards 100 per yen on Monday and shares rose after the G20 accepted Japan’s bold stimulus policies, helping to counter the gloom over the global growth outlook.  Read More →


Global finance officials endorse World Bank target to end poverty

Published : 12:00 am  April 22, 2013  |  Category: International  |  Leave a Comment  |  461 views  |  
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Reuters: Global finance officials on Saturday endorsed a new World Bank goal to end extreme global poverty by 2030 and emphasised that its focus should be on ensuring that the poorest benefit from strong growth and rising prosperity in developing nations.  Read More →


Commodities slump sends slow ripples through world economy

Published : 12:00 am  April 22, 2013  |  Category: International  |  Leave a Comment  |  1,059 views  |  
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Reuters: Lower airfares, cheaper food and rising profit margins are among the benefits that should flow from tumbling oil and commodity prices – but only after a long lead time. Having poured $400 billion into commodities over the past decade, many investors are now selling. Their confidence that risky assets could only float higher on a rising tide of cheap central bank money has crumbled as the global economy fails to respond to the stimulus.  Read More →


G20 backs off austerity drive, rejects hard debt cut targets

Published : 12:00 am  April 22, 2013  |  Category: International  |  Leave a Comment  |  387 views  |  
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REUTERS: Finance leaders of the G20 economies on Friday edged away from a long-running drive toward government austerity in rich nations, rejecting the idea of setting hard targets for reducing national debt in a sign of worries over a sluggish global recovery. The G20 club of advanced and emerging economies also said it would be watching for negative effects from massive monetary stimulus, such as Japan’s – a nod to concerns of developing nations that those policies risk flooding their economies with hot capital and driving up their currencies. Russian Finance Minister Anton Siluanov said at a news conference that officials from the Group of 20 nations believed overall debt reduction... 


New Zealand first in Asia Pacific to legalises same-sex marriage

Published : 12:00 am  April 20, 2013  |  Category: International  |  Leave a Comment  |  714 views  |  
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BBC: New Zealand’s parliament has legalised same-sex marriage, the first country in the Asia-Pacific region to do so. Lawmakers approved the bill, amending the 1955 marriage act, despite opposition from Christian lobby groups. The bill was passed with a wide majority, with 77 votes in favour and 44 against.  Read More →


Mayawati claims BSP would head next Indian Government

Published : 12:00 am  April 20, 2013  |  Category: International  |  Leave a Comment  |  741 views  |  
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The Chief of the National Bahujan Samaj Party (BSP), Mayawati, also a key ally of the Indian government, on Thursday (18 April) predicted that the BSP would head the next federal government after national polls in 2014.  Read More →


Clouds clear over German economy

Published : 12:00 am  April 20, 2013  |  Category: International  |  Leave a Comment  |  369 views  |  
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Reuters: The economic skies above Germany appear to be clearing and the recovery of Europe’s top economy looks set gather momentum during the course of this year, the country’s leading economic think tanks said.  Read More →


Asian shares track US stocks lower on growth worries

Published : 12:01 am  April 19, 2013  |  Category: International  |  Leave a Comment  |  392 views  |  
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Reuters: Asian shares inched lower on Thursday, taking their cues from an overnight drop in US and European equities on renewed concerns about global growth, which also weighed on commodities.  Read More →


Portugal Opposition rejects austerity measures

Published : 12:01 am  April 19, 2013  |  Category: International  |  Leave a Comment  |  415 views  |  
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LISBON (Reuters): Portugal’s main Opposition Socialists reiterated their rejection of the centre-right government’s austerity policies on Wednesday despite attempts by Lisbon’s EU and IMF lenders to rebuild a political consensus around their bailout.  Read More →


Boston bomb suspect spotted on video, no arrest made

Published : 12:01 am  April 19, 2013  |  Category: International  |  Leave a Comment  |  477 views  |  
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Reuters: Investigators have spotted a Boston Marathon bombing suspect from security video taken before two blasts ripped through central Boston on Monday, a US law enforcement source said on Wednesday, in what is potentially the biggest break in the case yet.  Read More →


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