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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 | by Luigi Lugmayr

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 | by Luigi Lugmayr

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

Pakistanis prominent winners at UK's Asian achievers awards
London, Sep 19 (IANS/RAY) Persons of Pakistani-origin emerged as prominent winners at the 2014 Asian Achievers Awards in Britain Friday while Sir Tejinder Singh Virjee, a professor of physics at Imperial College, London, headed the list of Indian-origin recipients. | by IANS
 
Sierra Leone launches 'stay at home' drive to fight Ebola
Freetown, Sep 19 (IANS) Sierra Leone started a three-day "stay at home" campaign to raise awareness about the Ebola virus that has killed close to 500 people in the West African country. | by IANS
 
Kenya to have security, health centre with EU's $65 help
Nairobi, Sep 19 (IANS) The European Union Friday said it will provide 65 million dollars to build a new regional security and health center in Kenya. | by IANS
 
 

Brazil allocates $68 bn to agriculture sector

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

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 | by Luigi Lugmayr

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 | by Luigi Lugmayr

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 | by Luigi Lugmayr

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 | by Luigi Lugmayr

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 | by Luigi Lugmayr

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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Asian Games: Indian women's badminton team in quarterfinal
Incheon, Sep 20 (IANS) Indian badminton women's team Saturday entered the quarterfinal of the Asian Games after thrashing Macau 3-0 in their pre-quarterfinal tie at the Gyeyang Gymnasium here. For India, singles stars...
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'Fashion Police' will continue without Joan Rivers
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Tim McGraw intimidates daughters' boyfriends
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Dylan Penn wants to be a director
London, Sep 20 (IANS) Model Dylan Penn, who is making her acting debut with "Condemned", aspires to be a screenwriter and director in future. In an interview to Vanity Fair magazine, Penn, daughter of Sean Penn and...
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Shweta shoots first medal for India, wins bronze
Incheon, Sep 20 (IANS) Shweta Chaudhry shot the first medal for India in the 2014 Asian Games after she won the bronze in the women's 10m air pistol at the Ongnyeon International Shooting Range here Saturday. Shweta,...
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China clinch first gold medal at Incheon Asian Games
Incheon, Sep 20 (IANS) Chinese markswomen Guo Wenjun, Zhang Mengyuan and Zhou Qingyuan won the women's 10m air pistol team event Saturday morning, the first gold medal at Asian Games. It was the fourth consecutive...
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Paltrow acquires new culinary skills
Los Angeles, Sep 20 (IANS) Actress Gwyneth Paltrow has added baking to her culinary skills by taking private lessons from top chef Zoe Loeb. The 41-year-old jumped at the chance to work with her long time friend Josh...
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Lille to stage 2014 Davis Cup Final
London, Sep 19 (IANS) The Stade Pierre-Mauroy in the French city of Lille will stage the Davis Cup World Group Final between France and Switzerland Nov 21-23. The tie will be played indoors under a retractable roof...
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Scottish First Minister resigns after defeat in referendum (Roundup)
Edinburgh, Sep 19 (IANS) Scottish First Minister Alex Salmond Friday announced his resignation after his Yes campaign's defeat in the independence referendum, Xinhua reported. Addressing a press conference broadcast...
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UN Security Council calls for international support against IS
United Nations, Sep 20 (IANS) The UN Security Council Friday urged the international community to "further strengthen and expand support" for Iraqi government in fighting Islamic State (IS) in Iraq and Syria. In a...
Read more on Politics Balla