Economy

On October 30th 2007, wild celebrations took place on the streets of Rio de Janeiro, Sao Paulo and elsewhere across the 5th largest country in the world.

The 'No' side will win the referendum with 55 per cent of the vote while 'Yes' will secure 45 per cent, according to a forecastScotland has voted to stay in the United Kingdom...

Hostilities between rivals India and Pakistan on Wednesday (26 November) threatened to scupper efforts by South Asian leaders to boost trade among almost a quarter of the world's people, throwing into doubt any...

Brazilian President Dilma Rousseff finally announced on Thursday the appointment of Joaquim Levy, as her next Finance minister who is also known as the 'scissors man', who pledged more realistic fiscal targets and...

WASHINGTON (AP) -- The U.S. economy grew at a solid 3.9 percent annual rate in the July-September period, even faster than first reported, giving the country its strongest six months of growth in...

India will be second largest shareholder of China-backed Asian Infrastructure Investment BankIndia along with 20 other countries on Friday signed an agreement to become founding members of the China-backed Asian Infrastructure Investment Bank...

The South American country is in a good position to capitalise on President Putin’s embargo on food imports from Europe and Western nationsKamilia LahrichiRussian businessmen met their Argentinian counterparts in Buenos Aires...

Singapore's economy is expected to slow to growth of 3.0 percent this year as a global deterioration hits the city-state's crucial trade outlook, the government said on Tuesday.Gross domestic product (GDP) expanded 3.3...

GDP shrank 1.6% on an annualised basis as firms held back on capital investmentJapan’s economy slipped to recession in the third quarter for the second time in a row. This has set...

Originally the grouping was known as BRIC, after Goldman Sachs' Jim O'Neill coined this term in 2001 for Brazil, Russia, India and China.The five-member block of emerging economies, BRICS, should consider drawing Kenya...