Shooing off a quartet of hens that come pecking, 24-year-old Kamala Batra sits guard over a sack of coarse rice spread out on the courtyard. After small black insects slowly crawl away in the sun’s heat, she gathers it to cook for the day’s free midday meal - a pan-India government food security scheme for students.
If a Free Trade Area were to be negotiated between Africa’s two largest economies, South Africa and Nigeria, it would have a powerful effect on trade across the sub-continent and would challenge other countries to respond.
A five-century wait could come to an end when the Nicaraguan government grants a concession this year to a Chinese company to build a canal between the Pacific and Atlantic oceans, despite local protests and international scepticism.
More than five years since the outbreak of the global financial crisis, the world economy has shown few signs of stabilising and moving towards strong and sustained growth.
The global economy is awash with successive waves of liquidity generated over the past few years by the four most advanced economies, viz., the United States, the European Union, (EU), Japan and the United Kingdom, known as the G4. This liquidity has taken the form of “quantitative easing” (QE).
The old theories governing the way that countries produce and trade are being replaced. The pattern of trade is being transformed by increasingly sophisticated technology and innovations in transportation; and the topography of actors is shifting to reflect new poles of growth.
First it was U.S. Vice President Joe Biden, who travelled to Trinidad and Tobago Tuesday to speak with "our friends” in the Caribbean.
Following on Nawaz Sharif’s victory in the May 11 national elections in Pakistan, many analysts are indicating cautious optimism on the prospect that the new prime minister can strengthen bilateral relations with the country’s neighbours, particularly India.
The global repercussions of the 2007-2008 financial crisis are a stark reminder of the economic interdependence in our globalising world. No country was spared from the shock waves that originated in the financial systems of developed economies.
As the African Union celebrates its 50th anniversary this year, it is still younger and less integrated than the 56-year-old body that is now the European Union, and, according to politicians and diplomats, has a big advantage over the Europeans as it charts its own path of integration.
The face of migration is changing dramatically as women and girls now represent about half of the over 214 million migrants worldwide.
China, which has outranked Japan as the world's second largest economy and moved ahead of Russia as the world's second largest military spender, has hit the top spot in global tourism.
As the global South claims a greater share of the world's GDP, is it also progressing in terms of overall human development? How has this southward tipping of the scale affected the dynamics of international trade? What is the role of global governance in mediating this period of change?
India’s refusal to grant patent protection for the anti-cancer drug Glivec, developed by Swiss drugmaker Novartis, is a victory for the developing world, which depends on low-cost exports of generic medicines from the Asian giant, said public health specialist Germán Velásquez.
The São Paulo Forum, which groups leftist political parties and organisations of Latin America and the Caribbean, sees a victory by Venezuela’s acting President Nicolás Maduro in the Apr. 14 elections as key to the future of the left in the region, and to “containing the right”.
A 150-million-dollar-plus Chinese real estate and tourism deal that is slated for a suburb of Georgia’s capital, Tbilisi, is creating a quandary for many Georgians.
World Bank President Jim Kim has unveiled a series of new institutional goals aimed at ending extreme poverty by 2030 and focusing on the promotion of “shared prosperity” – increasing the incomes of the poorest 40 percent in each country while placing increased focus on dealing with climate change.
India's highest court has dismissed Swiss drug maker Novartis AG's petition seeking patent protection for a cancer drug, a serious blow to Western pharmaceutical firms which are increasingly focusing on India to drive sales.
- The Geneva-based U.N. Conference on Trade and Development (UNCTAD), described as a key forum for developing nations on issues relating to trade, investment and development, will have a new secretary-general come September.
Although leaders of the Brazil, Russia, India, China and South Africa group agreed to launch a new development funding institution, giving the club a major infrastructure boost, some here are sceptical about the potential impact of the new bank.
On Tuesday, leaders of five large emerging economies – Brazil, Russia, India, China, and South Africa, known as the BRICS – will gather in Durban, South Africa to discuss harnessing their formidable resources on behalf of faster development progress in Africa and elsewhere.