OECD urges world leaders to tackle flagging growth

She cuts off 0.5 point growth forecasts for the U.S., 2% and Germany 1.3%. As per OECD, the world economy is likely to expand "no faster in 2016 than in 2015, its slowest pace in five years". Chief economic adviser Arvind Subramanian's suggestion f... More..

by | Published more than a month ago
by | Monday, February 29, 2016

Germany warns against more debt as G20 set to begin in Shanghai

It added that the country is trying to improve its monetary policy framework, through the use of price-based rather than quantitative measures, like interest rates. "That means the volatility in exchange rate...More..

by | Sunday, February 28, 2016

Berkshire Hathaway 4th-quarter profit up 32 per cent

According to Berkshire Hathaway, its fourth-quarter net income increased to $5.48 billion or $3,333 per Class A share from $4.16 billion or $2,529 per Class A share in the same period a year ago. Buffett said B...More..

by | Sunday, February 28, 2016

Palestinians Kill Israeli Man, Wound Another in West Bank Supermarket Stabbing

On Thursday, two Palestinian teens stabbed to death an off-duty soldier in a supermarket in the West Bank and wounded another man before being shot. COGAT, the defence ministry body responsible for coordinati...More..

by | Sunday, February 28, 2016

G20 Leaders: UK Leaving EU Would Be a Shock to Global Economy

The reference to "Brexit" had not been included in earlier versions of the text, according a senior official who had seen various drafts, but was added after British officials pressed for it. A report by the ...More..

by | Sunday, February 28, 2016

Ontario releases cap-and-trade details

There will be a series of increases in the L-C-B-O's mark-up on wine, starting with a two percentage point hike in June _ about 10 cents a bottle _ followed by another two points in 2017 and 2018, and a one-poi...More..