Monthly Archives: February 2012

India growth may be slowest in two years; Through the eyes of Asian Tiger Cubs; Softer side of Peshawar; Gujarat wounds fester, 10 years on

1 India growth may be slowest in two years (Reuters) India’s economy likely grew at its slowest pace in more than two years during the final months of 2011 as high interest rates and booming input costs hampered manufacturing activity, … Continue reading

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Faster growth or poverty alleviation?; Cities and airports; Qatar is world’s richest country; ‘Face’ of Gujarat meets ‘saviour’; Aussies can be smug

1 Faster growth or poverty alleviation? (TN Ninan in Khaleej Times) India is doing relatively well on economic growth — an annual average of 7.9% — but as is often the case, poverty levels fall as incomes rise, but inequality … Continue reading

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Global integration and after; P&G to axe 5,700 jobs; Losses for big European banks; For cash, Sears sells stores; Syria — fuelled by Chavez

1 Global integration and after (Khaleej Times) Over the past three decades, something has been going on in addition to global integration. The world’s mature economies have been piling up massive deficits – not just financial, but deficits of competitiveness: … Continue reading

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Greek bailout set to fail; Asian nations rush to borrow; India’s Iran rationale; Pakistan feeding bomb, starving nation; Aurangzeb and Shivaji

1 Greek bailout set to fail (Larry Elliott in The Guardian) The most expensive sticking plaster in the world. A rescue deal with shallow foundations. That was the snap assessment of the markets on Tuesday about the deal struck in … Continue reading

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Greeks to suffer for five years; Capitalism going bankrupt?; 15,000 perish on India rail tracks; Business cards survive tech march

1 Greeks to suffer for five years (The Guardian) Greeks will suffer austerity measures for another five years as the price of their government securing a €130bn bailout to prevent national bankruptcy and chaos within the eurozone, it has emerged. … Continue reading

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Greek bailout-II: $170bn; Ice-Age plant revived; ‘Upcycling’ buzzword in London; Syria hospitals are killing fields; Britain has a drinking problem

1 Greek bailout-II: $170bn (BBC) Eurozone finance ministers have reached agreement on a vital second bailout for heavily indebted Greece. The deal, which came after more than 13 hours of talks in Brussels, will provide Athens with loans worth more … Continue reading

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Apple tops Nasdaq 100 value; A US county falls off financial cliff; Cultish belief of India elite in progress; Africa’s religious divide

1 Apple tops Nasdaq 100 value (San Francisco Chronicle) 16.4%. That’s how much market value in the Nasdaq 100 index is represented by just one company: Apple. The iPhone maker’s weighting fell 8.2 percentage points at the end of April, … Continue reading

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