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1-10 results from 142 for query «globalization»

11 October, 2017 5:50 AM IMF: World economy is picking up speed

IMF: World economy is picking up speed The International Monetary Fund on Tuesday raised its forecast for global growth to 3.6 percent this year and 3.7 percent in 2018. For both years, the outlook is up 0.1 percentage points from the IMF's previous forecast in July and would mark the fastest growth since 2010. The world economy grew 3.2 percent in 2016. Just a year ago, the global 11

4 September, 2017 1:29 PM BRICS countries urge UN reform, cooperation on terrorism

The BRICS group of five major emerging economies called Monday for reform of the United Nations and tougher measures against terrorist groups, while denouncing North Korea’s latest nuclear test at a summit in China that seeks to enlarge the organization’s presence on the world stage. The nations — Brazil, Russia, India, China and South Africa— agreed 44

4 September, 2017 6:41 AM Narendra Modi in China's Xiamen: Significance of BRICS and challenges it faces

BRICS summit is taking place in the shadow of Doklam standoff between India and China, and also at a time when Brazil, Russia and South Africa are facing battling with their own economic and political challenges. The ninth BRICS summit is underway in China's Xiamen - "the most romantic leisure city" of the country located at its southeast coast opposite 22

3 September, 2017 12:34 PM Xi Jinping says BRICS nations should stand up against protectionism

XIAMEN: Chinese President Xi Jinping on Sunday called for the world to reject protectionism even as American and European pressure mounts on Beijing to lower market barriers, speaking at the start of a Chinese-led summit of five large emerging economies now overshadowed by North Korea's sixth nuclear test. Xi was speaking to business representatives 67

19 August, 2017 5:34 AM Trump dumps controversial chief strategist Bannon in latest upheaval

WASHINGTON: President Donald Trump on Friday fired chief strategist Stephen Bannon in the latest White House shake-up, removing the far-right architect of his 2016 election victory and a driving force behind his anti-globalization and pro-nationalist agenda. Before the latest shakeup, Bannon, known for far-right political views, had fought with more moderate 80

19 August, 2017 3:38 AM Indian IT Hits Worst Slump In 7 Years: Foreign Media

The resignation of Vishal Sikka as chief executive officer of India's bellwether technology company masks the rot in India's once feted export sector. While Sikka cited heightened acrimony with a cohort of founders at Infosys Ltd., the malaise is much deeper, and threatens to become a faultline for Asia's No. 3 economy. Software services exports are experiencing 49

6 July, 2017 5:08 PM The Latest: German police use water cannons on G-20 protest

German police have used water cannons and pepper spray to disperse protesters in Hamburg after being attacked with bottles and stones by some marchers protesting the Group of 20 summit. Police say they repeatedly asked a group of hardcore anti-capitalist demonstrators to remove their masks Thursday evening, to no avail. They then decided to separate 307

29 June, 2017 12:10 AM North Korea warns US it will keep building nuclear arsenal

North Korea's U.N. ambassador warned the United States and the rest of the world Wednesday that his country will keep building up its nuclear arsenal regardless of sanctions, pressure or military attack. North Korea’s U.N. ambassador warned the United States and the rest of the world Wednesday that his country will keep building up its nuclear arsenal 46

23 June, 2017 4:54 PM Modi-Trump summit preview: US-India may gloss over trade wrinkles with defense-security embrace

WASHINGTON: The only thing predictable of the Trump White House is its unpredictability, so a sense of uncertainty characterizes Prime Minister Narendra Modi's first engagement with the 45th US President during the Indian leader's fifth visit to the country (as PM) starting this weekend. Cast as a meeting where the two business-minded leaders get to know each other 40

29 May, 2017 2:31 AM Following Trump's Trip,Merkel Says Europe Can't Rely On US Anymore

German Chancellor Angela Merkel on Sunday declared a new chapter in U.S.-European relations after contentious meetings with President Trump last week, saying that Europe "really must take our fate into our own hands." It was the toughest review yet of Trump's trip to Europe, which inflamed tensions rather than healing them after the U.S. president sparred 46