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Emerging Markets

Emerging Powers Ready To Give Billions To IMF

Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.
Pakistani soldiers, tied to each other for safety in hostile weather conditions, carry their weapons some time in June 1999 as they cross a snowy field on the Siachen Glacier in Pakistan.

Pakistan's Call For Siachen Resolution: India Cautious About Withdrawing Troops

Pakistani Army Chief General Ashfaq Parvez Kayani's plan for resolution of Siachen issue, which includes bilateral withdrawal of troops from the disputed zone, was met with a cautious welcome from India due to the concern on whether Islamabad would authenticate the ground position line at the world's highest battlefield.
US Treasury Secretary Tim Geithner

Retrospective Tax Law: US Seeks Reassurance From India

US Treasury Secretary Timothy Geithner pressed India’s Finance Minister Pranab Mukherjee on Thursday for reassurance that New Delhi welcomes foreign capital and remains committed to boosting bilateral trade and investment, following concerns connected to India's newly proposed retrospective tax measures.
Egypt

Egypt Protesters Storm Cairo's Oct. 6 Bridge

On Thursday, protestors in Egypt took control of Cairo's Oct. 6 bridge, the cite where over a year ago anti-government demonstrators violently clashed with the forces of then-President Hosni Mubarak.

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