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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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Latest stories

'Good fat' could help manage diabetes
Melbourne, Nov 25 (IANS) Brown fat, nicknamed the 'good fat' because it warms up the body in cold temperatures, burning up calories in the process, could also be used to manage Type 2 diabetes, finds research. | by IANS
 
Sleep apnea leads to poor aerobic fitness
New York, Nov 25 (IANS) People with sleep apnea, in which breathing repeatedly starts and stops during slumber, are likely to have reduced aerobic fitness, even compared with those of similar body mass indices, new research shows. | by IANS
 
Man with Ebola like symptoms dies in Pakistan
Islamabad, Nov 25 (IANS) A man who was hospitalised with Ebola like symptoms has died, a media report said Tuesday. | by IANS
 
 

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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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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Latest from the Network

Sleep apnea leads to poor aerobic fitness
New York, Nov 25 (IANS) People with sleep apnea, in which breathing repeatedly starts and stops during slumber, are likely to have reduced aerobic fitness, even compared with those of similar body mass indices, new...
Read more on Business Balla
 
Man with Ebola like symptoms dies in Pakistan
Islamabad, Nov 25 (IANS) A man who was hospitalised with Ebola like symptoms has died, a media report said Tuesday. Zulfiqar Ahmed, 40, who returned from Togo a week ago, died Monday, Dawn online reported. He was...
Read more on Business Balla
 
Four Indian American students picked as Rhodes scholars
Washington, Nov 25 (IANS) Four Indian American students, Anisha Gururaj, Sai P. Gourisankar, Maya Krishnan and Abishek Kulshreshtha, are among 32 men and women chosen as 2015 Rhodes Scholars from the US. Considered...
Read more on Politics Balla
 
5G services for super-fast internet in the offing
Beijing, Nov 25 (IANS) Researchers are now close to finding how software-defined cellular networking might be used to give smartphone users the next generation of super-superfast broadband - 5G. A collaboration...
Read more on Business Balla
 
Indian-American Renu Khator to lead Dallas Fed board
Washington, Nov 25 (IANS) India born Renu Khator, University of Houston(UH) president and UH System chancellor, is set to lead the board of directors for the Federal Reserve Bank of Dallas. Khator joined the board in...
Read more on Politics Balla
 
NASA mission to study magnetic fields in universe
Washington, Nov 25 (IANS) The US space agency plans to launch an ambitious Magnetospheric Multiscale (MMS) mission in March next year to deploy four identical spacecraft from a single rocket to study magnetic...
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Gwen Stefani wants to 'disappear' from her children
Gwen Stefani is tempted to escape her everyday stresses by going to a motel. The 45-year-old beauty - a mother of three children - says that although she loves her kids, she dreams about disappearing from them at times...
Read more on Celebrity Balla
 
Ed Sheeran dances his way to weight loss
Los Angeles, Nov 25 (IANS) Singer Ed Sheeran has lost weight and he credits dance classes for transforming his looks. The 23-year-old is flaunting a lean figure after spending weeks training with professional dancer...
Read more on Celebrity Balla
 
P. Diddy 'regrets not pursuing relationship with Cameron Diaz'
P. Diddy regrets not pursuing a romantic relationship with Cameron Diaz. The music mogul and the actress were said to have dated between 2008 and 2012, and it's been claimed Diddy, 45, wishes he took their union further...
Read more on Celebrity Balla
 
Kendra Wilkinson says Hugh Hefner offered her an escape
Kendra Wilkinson entered the Playboy Mansion because it offered her an escape route. The blonde beauty is currently appearing in 'I'm a Celebrity ... Get Me Out of Here!' and has been reflecting on her relationship with...
Read more on Celebrity Balla