The Americas Economy
- India's Generic Drug Healthcare Policy To Benefit Millions Of Poor Patients
July 07 2012 6:49 AM
The Indian government has taken a major step toward its ambitious vision of achieving Universal Health Coverage (UHC) by initiating a $5.4-billion plan that would allow the government sector doctors to prescribe generic drugs to the patients free of cost.
- June US Car Sales Rev-Up On Contractor Demand For Trucks And SUVs
July 03 2012 5:04 PM
U.S. car sales revved up again in June after lackluster May sales numbers as consumers continued to flock to dealer lots to replace aging vehicles and buy new trucks and crossover SUVs.
- The Other Madoff, Peter, Pleads Guilty In Ponzi Scheme
June 29 2012 2:08 PM
Bernard Madoff?s brother Peter finally peladed guilty Friday to conspiracy to commit a single count of securities fraud and another of falsifying records.
- Mercusor Trading Bloc To Suspend Member Paraguay
June 29 2012 10:27 AM
Mercosur, a four-nation regional trade bloc in South America, could suspend Paraguay's membership following the sudden removal of President Fernando Lugo last week
- China Is Making A Big Splash In America's Backyard
June 27 2012 12:41 PM
Latin America and China are closer than ever, and Prime Minister Wen Jiabao is touring the continent with a bucketful of money. Everybody wins? Some critics are skeptical
- China On A Latin American Pursuit With $10 Billion Loan Proposal; Calls For Push To Combat Protectionism
June 27 2012 6:52 AM
Wrapping up his Latin American tour, Chinese Premier Wen Jiabao on Tuesday announced a proposal to set up a $10 billion credit program for the developing economies to offer support for infrastructure projects.
- Europe Has Three Days, Not Three Months, to Avoid 'Fiasco': Soros
June 25 2012 12:05 PM
Multibillionaire financier George Soros, who is quickly becoming an éminence grise on the topic of the euro zone financial crisis, said in a televised interview Monday that the leaders of Europe had three days to resolve their disagreements on the appropriate way to move forward in anticipation of a summit Thursday.
- Staff 'Arrogance' Behind Botched Facebook IPO, Says Nasdaq Boss
June 25 2012 8:13 AM
Chief Executive Robert Greifeld told a conference of directors at Stanford University's Law School that the exchange had tested its computer systems before the May 18 IPO, but failed to take into account the volume of canceled orders in the run-up to the stock debut, The Wall Street Journal reported.
- 'Vicious Cycles' Continue To Go 'Round And 'Round: BIS
June 24 2012 11:13 PM
Five years into the most significant global financial crisis since the 1930s, the world's leaders have formulated neither the fiscal policies nor the monetary policies required to deal with it, according to the Bank for International Settlements' 82nd Annual Report, which was released Sunday.
- World Wealth Report 2012: Asians Top List Of Millionaires
June 21 2012 4:54 AM
The millionaires in Asia outnumber their counterparts in North America for the first time while the overall financial wealth of high net worth individuals (HNWI) declined across all regions except the Middle East, according to a new study.
- 27 Million Slaves In The World: Hillary Clinton
June 20 2012 1:01 PM
The State Department released its report ahead of the 150th anniversary of President Abraham Lincoln?s Emancipation Proclamation, which freed the slaves in the U.S. South in 1863.
- Obama Meets With World Leaders At G-20 Summit As Euro Debt Crisis Persists
June 19 2012 5:23 PM
U.S. President Barack Obama met with world leaders at the G-20 summit in Mexico, which has largely been focused on reinvigorating a stagnant global economy threatened by the EU's persistent debt crisis.