BHUBANESWAR, IndiaNot So Smart Idea
As Bhubaneswar experiences scorching heat of 43.2 degrees Celsius in early April, 5 degrees above normal, 44-year-old Prasanti Behera barely sleeps at night. Two summers ago, a fire charred 50 homes in her slum and burnt in seconds US$600 she had painstakingly saved over two years for her daughter’s marriage.
Opinion: Robust Global Economic Recovery Needs Coordinated Policy Response
In the wake of releasing the IMF’s latest assessment of the global economy, Chief Economist Maurice Obstfeld noted in his blog, “Global growth continues, but at an increasingly disappointing pace that leaves the world economy more exposed to negative risks. Growth has been too slow for too long.”
Timor-Leste Brings Maritime Dispute with Australia to United Nations
Timor-Leste which won independence from Indonesia in 1999 is now engaged in a new struggle with Australia over rights to oil and gas reserves in the Timor Sea.
