News from Around the World
Media | Title | Date/Source |
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Lebanon Nominates Challenger to Trump's Choice to Lead World BankWASHINGTON — Lebanon has nominated investment banker Ziad Hayek as a candidate for president of the World Bank, mounting the first challenge to U.S. President Donald Trump's choice to lead the development lender, Hayek said in a Twitter post on Tuesday. |
Tue, Feb 19, 2019 |
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WTO warns of global trade slowdown as indicator hits nine-year lowGENEVA (Reuters) - A quarterly leading indicator of world merchandise trade slumped to its lowest reading in nine years on Tuesday, which should put policymakers on guard for a sharper slowdown if trade tensions continue, the World Trade Organization said on Tuesday. |
Tue, Feb 19, 2019 |
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OECD, G20 members like India & China should not get special rights: US to WTONEW DELHI: The US has proposed withdrawal of special rights and exemptions for emerging economies such as India and China, which are members of the Organisation for Economic Cooperation and Development (OECD), Group of 20 (G20), classified as “high income” by the World Bank or account for more than 0.5% of global merchandise trade. |
Thu, Feb 21, 2019 |
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Italy Suffers Recession Alone in Economic, Political IsolationItaly’s recession at the end of 2018 was almost unprecedented among the euro area’s major members and provided further evidence of the self-inflicted damage to the economy. |
Fri, Feb 22, 2019 | |
The US and China may be nearing a trade deal. That won't stop the global economic slowdownThe U.S. and China appear to be close to ending a tariff fight that hurt financial markets and dented economic activity worldwide, but that's not going to stop the slowdown already seen in the global economy, experts said on Monday. |
Mon, Feb 25, 2019 |
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Sri Lanka stocks, rupee fall; budget, IMF talks outcome awaitedCOLOMBO, Feb 25 (Reuters) - ** Sri Lankan shares and the rupee closed weaker on Monday, with investors awaiting cues from next week’s budget and the outcome of talks between government authorities and the IMF, market source said. ** |
Tue, Feb 26, 2019 |
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U.A.E. to Use Equipment From Huawei Despite American PressureBARCELONA, Spain — The United Arab Emirates said on Tuesday that it would use equipment from the Chinese technology giant Huawei to build a new high-speed wireless network, despite pressure by the United States to steer clear of the company’s products. |
Tue, Feb 26, 2019 |
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U.S. Supreme Court Rules Against World Bank Arm on ImmunityThe U.S. Supreme Court opened some American-based international organizations to lawsuits, ruling that a World Bank affiliate must defend against allegations it is responsible for environmental damage caused by a power plant in India. |
Wed, Feb 27, 2019 | |
The Green New Deal That the Market LovesWhile the Green New Deal is drawing both devotees and detractors on Capitol Hill, green energy is seeing nothing but love in the market. |
Wed, Feb 27, 2019 |
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Will a Worsening Outlook for Inflation Force the ECB to Act?Patience, persistence and prudence: the latest incarnation of the European Central Bank’s policy guidance appears to take a leaf out of early Christian writings on virtue. The central bank has counselled that, because it takes time for pricing pressures to recover from crisis years, it will keep interest rates unchanged at least through the summer of this year. |
Thu, Feb 28, 2019 |