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India's farm economy could contract this fiscal year for the first time in over a decade because of drought.
The Asia-Pacific area is expected to beat North America as the wealthiest region in the world in a few years.
IMF Managing Director Christine Lagarde has said earlier that the real question is ‘when’ not ‘if’ the yuan qualifies.
France's Hollande urged Tsipras to return to the talks as Europe braced for the possibility Greece could exit the eurozone.
A newly appointed BRICS Bank official has toned down the reportedly anti-west rhetoric around the bloc’s new financial instruments.
Belarus is a dialogue partner of the SCO, a China-Russia-led security bloc.
The new lender is seen by the US as posing a challenge to the establishments controlled by Washington, such as the World Bank.
British Petroleum and Russian energy giant Rosneft are inching towards a $800 million deal, a Reuters report said.
What the South African government does now will reverberate on the continent for years.
By arresting a visiting head of state, South Africa could be accused in the continent of having known and staged an entrapment, writes Mbindwane.
