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World Bank warns US of 'dangerous moment' ahead

Source: Business Balla | Oct 13 2013, 12:06am CDT | by IANS

World Bank warns US of 'dangerous moment' ahead
Washington, Oct 13 (IANS) As talks broke down between President Barack Obama and House Republicans on ending a standoff over federal shutdown and debt ceiling, World Bank President Jim Yong Kim warned of the disaster ahead.
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FDI inflows to India down 29 percent in 2012: UNCTAD

Source: Business Balla | Jun 26 2013, 12:18pm CDT

FDI inflows to India down 29 percent in 2012: UNCTAD
Geneva, June 26 (IANS) Low investor sentiment, a slowing economy and high interest and inflation rates have dented India's image as a preferred foreign investment option. The country received 29 percent less FDI inflows in 2012, the UN Conference on Trade and Development (UNCTAD) said Wednesday.
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ECB leaves interest rates unchanged

Source: Business Balla | Jun 7 2013, 12:00am CDT

ECB leaves interest rates unchanged
Frankfurt, June 7 (IANS/EFE) The European Central Bank Thursday left its benchmark interest rate at the record low level of 0.50 percent in an effort to boost economic growth in the Eurozone.
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Latest stories

Russia allows buffalo meat imports from India
Moscow, Dec 4 (IANS/TASS) Russia has allowed imports of buffalo meat from India, the country's veterinary regulator said Thursday.
 
New guidelines for prostate cancer testing
Melbourne, Dec 4 (IANS) Prostate cancer checks in Australia are set to improve after cancer agencies and health experts reached an agreement on new testing guidelines at the World Cancer Congress (WCC) currently being held in Melbourne.
 
Australian researcher discovers first artwork by early human
Sydney, Dec 4 (IANS) An Australian researcher has discovered what is believed to be the first artwork created by a human.
 
 

Brazil allocates $68 bn to agriculture sector

Source: Business Balla | Jun 5 2013, 1:12am CDT

Brazil allocates $68 bn to agriculture sector
Brasilia, June 5 (IANS/EFE) The Brazilian government has announced that it is increasing the amount of money available for subsidized loans to the farm sector by 18 percent to 136 billion reais ($68 billion).
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Bank officials held in Russia over $1.5 mn bribe

Source: Business Balla | May 15 2013, 11:12pm CDT

Bank officials held in Russia over $1.5 mn bribe
Moscow, May 16 (IANS/RIA Novosti) The CEO and a senior manager from Rosbank, the Russian subsidiary of French banking giant Societe Generale, have been detained over an attempt to take a five million ruble bribe, the interior ministry said.
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South Korea cuts interest rates

Source: Business Balla | May 9 2013, 3:16am CDT

Seoul, May 9 (IANS) South Korea's central bank unexpectedly cut its benchmark interest rate by 25 basis points to 2.5 percent Thursday, altering the policy rate for the first time in seven months.
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South Korea cuts interest rates

Source: Business Balla | May 9 2013, 2:16am CDT

South Korea cuts interest rates
Seoul, May 9 (IANS) South Korea's central bank cut its benchmark interest rate by 25 basis points to 2.5 percent Thursday, altering the base rate for the first time in seven months.
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Brazil cuts interest rates on small business loans

Source: Business Balla | May 8 2013, 12:12am CDT

Brazil cuts interest rates on small business loans
Sao Paulo, May 8 (IANS/EFE) Brazilian President Dilma Rousseff has announced here a reduction in the interest rate on public loans for owners of small businesses from 8.0 percent to 5.0 percent.
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South Korea freezes interest rates

Source: Business Balla | Apr 11 2013, 4:26am CDT

South Korea freezes interest rates
Seoul, April 11 (IANS) South Korea's central bank Thursday kept its benchmark interest rate on hold at 2.75 percent despite the government's pressure to cut rates to revitalize the economy.
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Latest from the Network

Australian researcher discovers first artwork by early human
Sydney, Dec 4 (IANS) An Australian researcher has discovered what is believed to be the first artwork created by a human. The simple zigzag pattern found on a fossilized shell from the Indonesian island of Java has...
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Insects compete with rats to clear garbage
New York, Dec 4 (IANS) Insects play a very important role in cleaning up cities and they compete with other pests like rats and pigeons in their endeavour, a study has said. Scientists sampled arthropods - such as...
Read more on Business Balla
 
School headmaster shot dead in Pakistan
Islamabad, Dec 4 (IANS) Unidentified gunmen Thursday killed the headmaster of a private school in Pakistan's Balochistan province. Police officials said the armed men opened fire at the vehicle of Zahid Ali,...
Read more on Politics Balla
 
Four more bodies recovered from sunken South Korean ship
Seoul, Dec 4 (IANS) Four more bodies were recovered Thursday from a sunken South Korean fishing ship in the Bering Sea, the foreign ministry here said. This increased the toll to 16, including six South Koreans and 10...
Read more on Politics Balla
 
Lesbian couple asked to desist in London restaurant
London, Dec 4 (IANS) A lesbian couple in a London restaurant was asked to desist by a staff member, who asked them to "stop what you are doing". Lydia Cawson, 29, said that she and her girlfriend were asked by a staff...
Read more on Politics Balla
 
Oxford Dictionaries to add 1,000 new words
London, Dec 4 (IANS) 'Mamil' (middle-aged man in Lycra), 'silvertail' (a person who is socially prominent or who displays social aspirations) and 'crony capitalism' are among the 1,000 new words to be added to...
Read more on Celebrity Balla
 
Oceans play key role in global 'warming hiatus'
London, Dec 4 (IANS) Increased heat uptake across three oceans - North Atlantic, the Southern Ocean and Equatorial Pacific Ocean - is the likely cause of the 'warming hiatus' -- the current decade-long slowdown in...
Read more on Politics Balla
 
Novel imaging to identify if TB drugs are working
Washington, Dec 4 (IANS) Tuberculosis patients who are not cured of the infection can develop multi-drug resistant TB and have to take as many as six drugs for two years. Now, researchers at University of Pittsburgh...
Read more on Business Balla
 
PM makes first appointment to High Court of Australia
Canberra, Dec 4 (IANS) Prime Minister Tony Abbott's government Thursday appointed former Victorian Supreme Court judge Geoffrey Nettle as the next Justice of the High Court of Australia. Attorney General George...
Read more on Politics Balla
 
18 suspected militants killed in Pakistan airstrikes
Islamabad, Dec 4 (IANS) At least 18 suspected militants were killed Thursday in airstrikes conducted by Pakistan Air Force fighter jets in North Waziristan. According to officials, the airstrikes were conducted in...
Read more on Politics Balla