World Economy

Latin American leaders vow unity, solidarity in food crisis

Managua - A call for regional unity in the face of a growing food scarcity and soaring food prices was made Wednesday by 15 Latin American countries who are urging an increase in food production th

Pakistan rupee's steady slide worries central bank

Karachi  - The Pakistani rupee further slumped to nearly 68 against the US dollar on Wednesday amid a shortage of hard money in the local market and rising global oil prices, dealers said.

Asian Development Bank pledges billions of dollars for food crisis

Manila - Asian Development BankThe Asian Development Bank said Wednesday that it was al

Slovakia set to join euro

Brussels/Berlin - Slovakia is set to receive the green light Wednesday from European authorities to become the second former communist state to join the euro.

Singapore to have highest concentration of millionaires by 2017

SingaporeSingapore - Singapore is expecte

IMF granted new powers to raise income through investments

Washington - International Monetary FundMembers of

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