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By Thalif Deen UNITED NATIONS (IPS): If the developing world fails to meet the targets set in the eight Millennium Development Goals (MDGs) – relating mostly to poverty, hunger, education, health care, gender empowerment and the environment – the primary blame for the failure would be on Western donors who have reneged on their aid ...
- China, India score with untied aid (Category: Business)
- Aid effectiveness debate in Busan (Category: Business)
- G8 raises Arab Spring financing pledge to $38 bln (Category: Business)
- Economic slowdown to push 100 million into poverty (Category: Business)
Reuters: Romney or Obama? Republican or Democrat? The U.S. presidential election may inflame voter passions, but based on past experience, whoever wins the world’s most powerful elected office isn’t likely to move the dollar. The U.S. dollar’s performance over the past 40 years shows little relation to the party holding the presidency and more to ...
- Asian shares fall on fears over Europe fund tightness (Category: Business)
- Shares ease on China growth worry, dollar stays firm (Category: Business)
- Gold firms on China inflation spike, US jobs data (Category: Business)
- US economic fix could take years: Obama (Category: Business)
BRUSSELS (Reuters): Rising tensions with India and China over the European Union’s “arrogant” law on carbon emissions could rob the region of the markets that can rescue it from economic malaise, airline leaders said last week. They also said they had prepared contingency plans for a possible exit of Greece from the euro, as part ...
- Passenger fare hike may earn airlines a CO2 windfall (Category: Business)
- China airlines will not pay EU emissions tax: industry body (Category: Business)
- Lufthansa to pass $ 169 m carbon costs to passengers (Category: Business)
- Shipowners join WWF, Oxfam in urging climate levy (Category: Business)
The economy grew at 8.3% last year, the highest-ever pace, up from 8.0% in 2010. Per capita income went up from US$ 2,400 to $ 2,836. Fine, but we need to ask two questions: What are the costs incurred? Is this growth sustainable? Before that, a word of caution regarding the interpretation of Gross Domestic ...
- US employment gains slow, jobless rate drops (Category: Business)
- China gets red alert to avoid Japanification as consumer price drops drag inflation to lowest le... (Category: Breaking News)
- Inflation drops further in November, says CB (Category: Business)
- Sri Lanka’s demand for legal booze drops by 30 percent (Category: Breaking News)
REUTERS: Global growth is slowly improving as the US recovery gains traction and dangers from Europe recede, but risks remain high and the situation is very fragile, the International Monetary Fund said on Tuesday. Another flare-up of the eurozone sovereign debt crisis or sharp escalation in oil prices on geopolitical uncertainty could disrupt a world ...
- IMF sees risks to global growth, calls for collective action (Category: Business)
- Global economic outlook slowly improving but remains fragile (Category: Business)
- IMF marks down global growth forecast, sees risk on rise (Category: Business)
- IMF MD calls for anchoring stability to sustain higher and better growth (Category: Business)
Sydney Morning Herald: This summer’s tri-series will be played amid a backdrop of a pay dispute which sees Sri Lanka’s players owed as much as $US 5million ($4.71 million) due to a cash crisis within the country’s governing body. As Mahela Jayawardene’s team battle the world’s top two ODI sides on the field during this ...
- Funds on the way for Sri Lankan players (Category: Business)
- Sri Lankans put on a gutsy show for free (Category: Business)
- Sri Lanka aim to rise above money worries (Category: Business)
- $3 m floor price set for T20 league franchises (Category: Business)
What do nation states do when their politicians ruin their economies by serial lying to the voters, running up huge domestic and international financial deficits, uncontrolled corruption, cannot keep interest rates at reasonable rates, cannot control inflation nor hold the exchange rate steady and run the country on an unsustainable basis, depending on what has ...
- Inept’ocracy (Category: Business)
- Mario Monti named to head new Italy government (Category: Business)
- Asia stocks rise on hopes of progress in Europe (Category: Business)
WASHINGTON (Reuters): President Barack Obama will press European Union officials on Monday to reach a definitive solution to their sovereign debt crisis which is emerging as a major 2012 U.S. election worry. As Germany and France scramble to tighten budget controls across the euro zone, European Council President Herman Van Rompuy and European Commission President ...
- IMF seeks more funds; G20 to discuss (Category: Business)
- Europe vows closer union at G20 summit (Category: Business)
- US economy gaining strength (Category: Business)
- Collapse of the EU: Debt and more debt (Category: Business)
President Mahinda Rajapaksa will inaugurate tomorrow the three-day Rotary South Asia Conference for Development and Cooperation hosted by Sri Lanka. The President will address the ceremonial inauguration on Sunday at 9 a.m. at Galadari Hotel whilst the conference will be held at Cinnamon Grand. Around 300 delegates and speakers of repute from the corporate and ...
- The Hindu Editor Ram in town for next week’s top Rotary conference (Category: Business)
- Rotary group study exchange programme to Osaka (Category: Business)
Highly respected Managing Director and Editor in Chief of The Hindu N. Ram will be in town over the weekend to actively participate at the Rotary South Asia Conference on Development and Cooperation in Colombo from 4-6 September. Ram will moderate the first plenary session titled “Reaching within – Bonding South” on the inaugural day ...
- President to inaugurate Rotary South Asia Conference in Colombo tomorrow (Category: Business)
- Smile of South Asia! (Category: Business)
- Rotary International Chief calls for renewed cooperation in South Asia (Category: Business)
Several big names in business, medicine and civil society spheres are coming to Sri Lanka to attend the Rotary South Asia Conference on Development and Cooperation in Colombo from 4-6 September. Overall around 300 delegates and speakers of repute from the corporate and state sectors from the South Asia region, comprising countries, India, Pakistan, Bangladesh, ...
- President to inaugurate Rotary South Asia Conference in Colombo tomorrow (Category: Business)
- The Hindu Editor Ram in town for next week’s top Rotary conference (Category: Business)
- Building vibrant communities and nations in South Asia (Category: Business)
Reuters: Emerging markets will not save the world if the West slides back into recession. In an interconnected global economy, decoupling is a beguiling myth. As fears mount that the developed world is shifting from slow growth to no growth, emerging markets seem to many economists better placed to weather the storm than they were ...
- Islamic markets seen leading global trade volumes (Category: Business)
- WB cuts China growth forecast to 8.2% (Category: Business)
- Asia, not North America, now has most millionaires (Category: Business)
- Divergent trends as Sept. passenger traffic rises freight declines — IATA (Category: Business)
By an Independent Analyst The State Assembly of Tamil Nadu (TN) passed a resolution on 8 June 2011, requesting the Indian Central Government to push the international community against Sri Lanka towards imposition of ‘economic sanctions’. The resolution at the TN assembly moved by Jayalalitha as the Chief Minister passed unanimously with the ruling party ...
- TN moves resolution to implead itself in Katchatheevu case (Category: Breaking News)
- TN seeks economic sanctions (Category: Breaking News)
- Coast Guard stand on TN fisherman ‘outrageous’: Jayalalitha (Category: Breaking News)
- TN group violently opposes Lions Flag (Category: Breaking News)
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