Perhaps wary of the unrest that has swept over his country’s Arab neighbors to the north, the president of Sudan, Omar al-Bashir will not seek re-election in four years, according to Rabie Abdel Ati, a senior official of the ruling National Congress Party (NCP).
Palash Ghosh
Feb 21, 2011
China threw its weight around at G-20 negotiations to exclude from the final communiqué references to 'foreign exchange reserves' and 'fiscal deficit' as possible causes of global economic imbalances.
Jijo Jacob
Feb 21, 2011
Ivory Coast's biggest bank, a unit of Societe Generale, suspended operations on Thursday, the latest in an exodus of foreign banks that is turning a political crisis into financial meltdown.
Jack Kim
Feb 17, 2011
When arch-hawk Axel Weber withdrew last week from the contest to head the European Central Bank, the euro and bond yields dipped -- a sign of how crucial markets think the ECB's president may be in shaping its policy.
IBT Staff Reporter
Feb 17, 2011
Cocoa prices at the farmgate in Ivory Coast are falling sharply and farmers are fast running out of money, with potentially damaging consequences for the cocoa mid-crop, farmers said on Wednesday.
IBT Staff Reporter
Feb 16, 2011
China announced a shake-up of its rare earths industry on Wednesday, vowing reasonable quotas on mining and exports to bring order to the small but strategic sector where its dominance has spooked foreign buyers.
Wenwen Meng
Feb 16, 2011
China's new review body for inward M&A could bring some much-needed transparency to the deal approval process and even make it quicker for foreign companies to get tie-ups with mainland firms past the authorities.
Wenwen Meng
Feb 16, 2011
Jens Weidmann has been named chief of the Bundesbank, replacing Axel Weber who recently quit for “personal reasons.”
Palash Ghosh
Feb 16, 2011
France and Italy have fallen badly behind on pledges to boost their development aid and should follow the example of Britain, which has stuck to pledges despite austerity measures, Bob Geldof said on Tuesday.
IBT Staff Reporter
Feb 16, 2011
Transparency campaigners sued the European Union's executive on Tuesday for withholding documents on free trade talks with India, stepping up pressure on the bloc to make its policymaking less secretive.
IBT Staff Reporter
Feb 16, 2011
A Chinese company has won a 900 million euro ($1.21 billion) contract to build a new international airport in the Sudanese capital Khartoum, underscoring the close links between China and sanctions-hit Sudan.
Wenwen Meng
Feb 15, 2011
Chinese inflation data helped ease investor concerns on Tuesday that the world's No 2 economy will have to tighten monetary policy more aggressively, but other data releases kept markets in a tight range.
IBT Staff Reporter
Feb 15, 2011
China is the top economy in the world, the majority of Americans believe, according to the latest Gallup Poll.
Hao Li
Feb 14, 2011
Cuba has released two more political dissidents -- Hector Maseda and Angel Moya – from prison in a deal arranged by the Catholic Church.
Palash Ghosh
Feb 13, 2011
Resurgence of far-right in Europe (SLIDESHOW)
Palash Ghosh
Feb 12, 2011
The chief of Germany’s central bank Axel Weber will resign from his job at the end of April, according the German government, following a meeting with German chancellor Angela Merkel
Palash Ghosh
Feb 12, 2011
Bundesbank president Axel Weber said in an interview released on Saturday he decided he did not want to be a candidate for the European Central Bank presidency because of a lack of acceptance in some European countries.
IBT Staff Reporter
Feb 12, 2011
Zimbabwe is an important ally to China and Beijing will seek to further strengthen ties, Chinese Foreign Minister Yang Jiechi said of a country isolated by the West under President Robert Mugabe's rule.
Wenwen Meng
Feb 11, 2011
The European Union’s (EU) energy commissioner has said that the EU’s new partnerships with Central Asian nations do not pose a threat to Russia’s gas sales to Europe.
Palash Ghosh
Feb 11, 2011
A halt to cocoa-buying in Ivory Coast is leaving beans to rot in farm warehouses, while smuggling through Ghana intensifies and some growers switch to other crops, farmers said on Thursday.
IBT Staff Reporter
Feb 10, 2011
Power cuts, shortages of medicine and cooking gas, empty cash machines, depleted shops and piles of uncollected trash: these were things Ivorians used to see as the scourge of their poorer West African neighbours.
IBT Staff Reporter
Feb 10, 2011
Industrial production in the UK rose in December last year, mainly led by a sharp increase in the output of utilities.
Shankar besta
Feb 10, 2011
