St. Vincent and the Grenadines has reiterated its support for Taiwan to be recognized by various international agencies saying the Asian country has done much to improve the socio-economic well being of people in developing countries.
Taiwan was represented at an International Civil Aviation Organization (ICAO) Assembly for the first time in over four decades when a Taiwanese delegation was present at the opening session of this year's meeting in Montreal last month.
Former UK Prime Minister Margaret Thatcher's 1983 papers were opened at the Churchill College Archives Centre (Cambridge) and online on the website of the Margaret Thatcher Foundation in October 2013.
China, a major driver of the global economy, is coming off its worst annual economic performance since 1999 after GDP managed an expansion of just 7.7% last year. Authorities, however, say weaker growth is in line with their desire to shift the country's economic growth model toward what they see as slower and more sustainable private-led demand rather than previously popular credit-fuelled state-driven investment projects.
Tax the rich and better target the multinationals: The IMF has set off shock waves in Washington by suggesting countries fight budget deficits by raising taxes. Tucked inside a report on public debt, the new tack was mostly eclipsed by worries about the US budget crisis, but did not escape the notice of experts and nongovernmental organizations.
Eugene F. Fama, Robert J. Shiller and Lars Peter Hansen shared the 2013 Nobel Prize in Economic Sciences for at times conflicting research on how financial markets work and assets such as stocks are priced. The three economists, all Americans, “laid the foundation for the current understanding of asset prices,” the Royal Swedish Academy of Sciences, said in Stockholm.
The head of the International Monetary Fund, Christine Lagarde, has warned that a US default could tip the world into recession. In a US TV interview she said a default would result in massive disruption the world over.
The Roman Catholic Church in Spain has beatified 522 people, most of them priests and nuns killed by Republicans during the Spanish Civil War. Thousands of people attended the outdoor event in Tarragona, presided over by a senior Vatican cardinal.
Mercosur has many internal problems and therefore it is much easier to work with Brazil, said European Commission Vice-President for Industry and Entrepreneurship Antonio Tajani who spent this week two days of negotiations with top officials in Brasilia.
China has knocked the US from its top spot as the world's biggest net importer of oil, US government data shows. The country's fast-growing economy, as well as the rise in car sales, has led to its new status, according to September's data. Oil consumption in China had outstripped production by 6.3 million barrels a day, said the Energy Information Administration (EIA). In the US, the figure was 6.1 million.