G20 labor ministers meeting on Monday and Tuesday in Paris face the tricky task of trying to boost job creation in the face of a fast-deteriorating economic outlook without undermining already strained public finances.
A group of five leading emerging economies that has banded together to increase their global clout is again struggling to find common ground.
Finance chiefs from the Group of 20 nations and the 187-country International Monetary Fund met from Thursday to Sunday.
Fueling fire to the rumor that the new iPhone 5 will hit stores next month, Verizon is selling the iPhone 4 for $120 until Sept. 30.
A report by Microsoft founder Bill Gates to Group of 20 ministers on Friday proposes raising new funding for poorer countries by taxing financial transactions, tobacco, and shipping and aviation fuels, according to details of a G20 report obtained by Reuters.
A report by Microsoft founder Bill Gates to Group of 20 ministers on Friday proposes raising new funding for poorer countries by taxing financial transactions, tobacco, and shipping and aviation fuels, according to details of a G20 report obtained by Reuters.
Let's face the mounting facts and just say it in plain language: The world is slipping into Global Recession 2011 and governments don't have the gunpowder to ward it off. The U.S. economy is barely growing at all. Companies aren't hiring. The federal budget deficit is above $14.5 trillion. Companies are stockpiling cash because, as Ford CEO Alan Mulally said in a press conference this week, because the consumer has pulled back.
Here are the 10 most frequent queries that will help you gear up for one of this fall’s most ground-breaking shooter games.
The vast majority of South Africa's gold lies deep underground but atop the mine dumps scattered around Johannesburg, you can actually walk on the stuff.
An open beta for EA’s most-awaited FPS (First Person Shooter) game, “Battlefield 3,” is set to arrive on Sept. 29 for PS3, Xbox 360 and PC.
Protectionism and populist policies in the developing world could rise as countries face increasing head winds from a growing European sovereign debt crisis and a weakening economic recovery in the United States, World Bank President Robert Zoellick said on Thursday.
South Africa's rand briefly hit a new 26-month low against the dollar on Thursday, and bonds trimmed losses, after a central bank statement was largely viewed as dovish but the currency stabilised in late trade after two days of hefty losses.
South Africa's Reserve Bank left its repo rate unchanged on Thursday and struck a dovish note as it balanced its concerns for domestic economic growth with an expected increase in inflation stemming from a sharply weaker rand.
A global banking crisis will erupt unless Europe properly deals with Greece's debt problems, Finance Minister Jim Flaherty said on Wednesday, notably hardening his criticism of European authorities.
Zambia held presidential elections Tuesday, but two days later only 85 of the country's 150 constituencies have reported results, sparking wide-scale unrest in the country and again bringing up fraud allegations. While all eyes are on Zambia, one nation's gaze is especially fixed: China.
Talk is cheap that the U.S. is merely in slow-growth mode more than two years after the official end to the recession, says Nouriel Roubini, the New York University professor who predicted the collapse of the U.S. housing market and predicted the 2008 recession.
The much-anticipated release of the next version of the iPhone, presumably the iPhone 5, has been hotly debated. But if what former vice president and current Apple Inc. board member Al Gore believes is true, consumers can expect the new iPhones to be here in October.
A meeting of emerging economies on Thursday will consider a Brazilian proposal to buy European bonds to help crisis-hit euro zone countries, South Africa's Finance Minister Pravin Gordhan said on Wednesday.
Greece adopted yet more austerity measures on Wednesday to secure a bailout installment crucial to avoid running out of money next month, as the IMF warned that Europe's sovereign debt crisis risks tearing a giant hole in banks' capital.
The former vice president and environmental campaigner, Al Gore gave a clue about the launch of the new iPhones when he said that they will be coming in October.
A meeting of emerging economies on Thursday will consider a Brazilian proposal to buy European bonds to help crisis-hit euro zone countries, South Africa's Finance Minister Pravin Gordhan said on Wednesday.
The president of Brazil, Dilma Rousseff, on Wednesday told the United Nations that fast-growing emerging economies can play a vital role to help stem the global economic crisis, marking the latest move by developing countries to become the equals of the world's traditional powers.