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China Predicted to Overtake US as Economic Power by 2030

Posted December 10th, 2012 at 1:00 pm (UTC-5)
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A new U.S. intelligence assessment says China is expected to surpass the United States as the leading economic power by 2030, but the U.S. will remain a top world leader. The assessment was released Monday by the National Intelligence Council of the Office of the Director of National Intelligence. It predicts that Asia will surpass […]

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IMF Leaders Seek ‘Quick, Effective’ Action on Growth

Posted October 13th, 2012 at 6:40 am (UTC-5)
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Global finance ministers have called for quick and effective action to safeguard faltering economic growth and rebuild shaken confidence. The ministers warned Saturday at the annual meeting of the International Monetary Fund in Tokyo that global economic growth is slowing and substantial uncertainties and risks remain. The IMF communique said the policies of advanced economies […]

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IMF Predicts Slower Economic Growth

Posted October 9th, 2012 at 11:45 am (UTC-5)
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Experts at the International Monetary Fund say the global economy will expand more slowly this year, while the risks of serious economic problems are growing. The IMF has cut its global growth forecast slightly to just 3.3 percent. The glum prediction caused many stock markets to decline in Tuesday trading. It comes as key economic […]

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New Study Links Human Activity to Extreme Weather

Posted August 4th, 2012 at 8:45 pm (UTC-5)
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A pioneering activist and proponent of human-driven global warming says he has underestimated the severity of hot weather and drought plaguing much of the United States and other parts of the world in the past decade. James Hansen, who directs the NASA Goddard Institute for Space Studies, says he failed in his 1980s research to […]

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Survey Says Global Opinion of President Obama, US Mixed

Posted June 13th, 2012 at 6:30 am (UTC-5)
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A new international opinion poll indicates that U.S. President Barack Obama and his policies are more favorably regarded in Europe than in the Muslim world. The U.S.-based Pew Research Center conducted a survey of people living in 21 nations and found that attitudes towards the U.S. are generally more positive now than in 2008, when […]

FAO Chief: Boost Food Production to Fight Rising Prices

Posted March 15th, 2012 at 1:55 am (UTC-5)
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The head of the U.N. Food and Agricultural Organization is calling for a boost in agricultural production to help counter soaring food prices and combat global hunger. Jose Graziano da Silva made his comments in Vietnam Thursday at a FAO regional conference for the Asia-Pacific region. The region is home to over 60 percent of […]

Tags: , , Posted in East Asia Pacific

Fund to Battle AIDS, Malaria, TB Gets $750 Million

Posted January 26th, 2012 at 10:40 am (UTC-5)
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The Global Fund to Fight AIDS, Malaria and Tuberculosis, which is credited with saving millions of lives, is slated to get $750 million to continue its work. The Bill and Melinda Gates Foundation renewed its commitment to the fund on Thursday during an annual meeting of the World Economic Forum in Davos, Switzerland. Microsoft founder […]

Tags: , , , , Posted in Africa

Fund to Battle AIDS, Malaria, TB Gets $750 Million

Posted January 26th, 2012 at 9:15 am (UTC-5)
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The Global Fund to Fight AIDS, Malaria and Tuberculosis, which is credited with saving millions of lives, is slated to get $750 million to continue its work. The Bill and Melinda Gates Foundation renewed its commitment to the fund on Thursday during an annual meeting of the World Economic Forum in Davos, Switzerland. The global […]

Tags: , , Posted in Africa

Report: Slower Growth For Major Economies

Posted December 12th, 2011 at 11:35 am (UTC-5)
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Experts at the Organization for Economic Cooperation and Development say growth is slowing for major economies around the world. An OECD report Monday analyzes data gathered in October that is intended to give a look at future economic growth. The OECD says Brazil, Russia, India, China, Europe, and the United States will all expand more […]

Asian Markets Lower after S&P Eurozone Downgrade Threat

Posted December 6th, 2011 at 2:25 am (UTC-5)
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Asian markets were trading lower Tuesday after the Standard and Poor’s rating agency said it may soon downgrade 15 eurozone countries if European leaders cannot come up with a plan to fix the region’s debt crisis. Tokyo’s Nikkei index, South Korea’s Kospi and Hong Kong’s Hang Seng are all down more than one percent, while […]