Thursday 24 July 2014
economic reforms

$2 trillion global growth ‘possible despite threats’

Finance officials from the world's major economies believe an ambitious goal to boost global growth by $2 trillion in the next five years is within reach despite a variety of threats, including rising tensions over Russia's actions in Uk


India foreign retail plan sparks row

India's government appeared to be backtracking on a move to allow foreign supermarket giants such as Wal-Mart and Carrefour enter Asia's third-largest economy, as political opposition grew over one of the most far-reaching economic reforms in


EU leaders pressure Italy on key reforms

European Union leaders piled pressure on Italy on Sunday to speed up economic reforms to avoid a Greece-style meltdown as they began a crucial two-leg summit called to rescue the euro zone from a deepening sovereign debt crisis. The aim is


Syria economic reforms urged

Syria, which has launched significant economic reforms, must now follow up with social changes that will tackle corruption and relieve poverty, economists say. Their comments come as Syrian President Bashar Al Assad marked 10 years in powe


Iraq to keep on pursuing economic reforms

Iraq's foreign investment body believes that no matter who ends up leading the next government after an inconclusive election, economic reforms to create a diversified free-market economy will not be abandoned, said its chief. "All of the


Iran to press ahead with economic reforms

Iran will suffer less from financial market turmoil than others and will press ahead with an economic reform plan despite a fall in oil prices since July, President Mahmoud Ahmadinejad said yesterday. "The impact will be less than on other

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