» 01/24/2013, 00.00
Davos: domestic market key to China's economy
Economists meet in Swiss resort town for the annual World Economic Forum. For the head of China's National Economic Research Institute, prospects this year are better than last year, but added that government spending should not overheat the economy. Domestic consumption holds the greatest potential, if the government addresses social security issues and income disparities, Merchants Bank chief says.
17/01/2007 WORLD SOCIAL FORUM
World Social Forum set to begin in Africa
Starting Saturday tens of thousands of people will meet in Nairobi to discuss solutions to some of the major problems associated with globalisation and development like exploitation, marginalisation and poverty. Caritas internationalis and the Jesuit Refugees Service will be among them.
Beijing to increase domestic demand, reduce overreliance on exports
Chinese Vince Premier Li explains in Davos China’s new development goals. However, China is still protectionist vis-à-vis foreign goods. Chinese banks lend a trillion yuan in 20 days. An asset bubble is a real possibility.
World Economic Forum: Rouhani opens Iran to world economy
The Iranian president stresses the great potential of Iran's economy whose economic and human development can only be achieved by working with others. Nuclear deal is the first step for long-term relationship with international community.
17/01/2017 17:14:00 SWITZERLAND – CHINA
Xi Jinping’ s first time in Davos
In the opening address of the World Economic Forum, China’s president defended globalisation and the free market despite China’s own "protectionism" and yuan "manipulation". Police detain at least 32 people demonstrating for a Free Tibet.
01/02/2005 ASIA - OPEC
No cuts in output, no hikes in prices . . . for now
Energy needs in China and India keep demand for oil high. Prices are likely to increase in March.
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