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Tag: economic

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Iran: parliament election throws up no surprise

 05 March, 2012 02:30:00
In a sense the poll outcome with a 64 per cent turn out is an expression of the silent majority to close ranks in the face of threat to the sovereignty of the country. It is also an expression of willingness to take in the stride the difficulties the US led sanctions are creating for the country....
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China, India to hold talks on border issues on Jan 15

 12 January, 2012 11:30:00
More than New Delhi, it is Beijing which has a vested interest in making the dialogue meaningful and productive. It is therefore heartening that Dai Bingguo has acknowledged that gaps in understanding persisted between the two neighbours, which together had presented to the world Panchasdeel – the five principles that should guide relations between countries in the present day...
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Four nation Dushanbe Summit: Words, More Words

 03 September, 2011 10:05:00
Pakistan leadership sees Moscow’s initiative for the four-nation joint collaboration in energy sector with unconcealed skepticism. But it is playing the Moscow tune with an eye on Central Asian markets. Improved road connectivity is what it needs and it is willing to provide for this lucrative access. Its bait to entice Dushanbe, Tashkent (Uzbekistan) and Ashgabat (Turkmenistan) is the Gwadar port on the Arabian Sea, which sits at the doorstep of Gulf shipping lanes, less than 200 kms from the mouth of the Straits of Hormuz. ...
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IMF chief warns of new financial meltdown

 29 August, 2011 05:56:00
When Christine Lagarde says ‘we risk seeing the fragile recovery derailed’, she is saying the most obvious. The stakes are high for every nation. Act they must now to ward off a new global financial crisis, similar to the meltdown that was witnessed in September 2008 because, as the IMF chief says, if growth continues to lose momentum, fiscal sustainability will be threatened, and policy instruments will lose their ability to sustain the recovery’....
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Global markets plummet as Greece crisis deepens

 18 June, 2011 08:20:00
Even the white knight in shining armour, the US, is witnessing rise in the ranks of jobless. It needs a sustained growth rate of at least three percent to make a dent in the near-double-digit official unemployment rate. That is no where in sight with the Democrats and the Republicans locked in a slugfest on the Capitol Hill and President Obama content with issuing warnings on job drain to India and China....
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