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Pakistan to be included in top 25 economies under Vision 2025: Ahsan

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal on Monday said Pakistan will be included in top 25 economies of the world under...

Girls can cut poverty in developing economies: UN

LONDON: Developing economies stand to win an extra $21 billion if they improve girls' health and sex education, the United Nations Population Fund (UNFPA)...

Obama wraps up historic Asia trip

WASHINGTON: US President Barack Obama on Friday wrapped up a historic trip to Asia, where he sought to deepen US involvement by boosting ties to former adversaries in the region.

Italy set to double baby bonus to fight birth rate ‘apocalypse’

ROME: Italy's health minister is proposing doubling a 'baby bonus' incentive for couples to have more children to combat what she calls a catastrophic decline in the country's birth rate.

World Bank sees depressed oil, commodity prices through 2016

WASHINGTON: The World Bank said that it expects global commodity prices, important for emerging economies, to remain weak through 2016, with returning Iran exports holding oil down.

Oil price drops in first session of 2015

NEW YORK: Oil prices finished the first day of 2015 trade lower as disappointing manufacturing data from the US, China and Europe kept pressure on the beaten-down commodity.

Oil prices hit multi-year lows as OPEC decision weighs

SINGAPORE: Oil tumbled to new multi-year lows in Asia on Monday, extending a sharp sell-off last week in response to OPEC's decision to maintain output despite a supply glut and plunging prices. 

Joblessness, inequality top global concerns in 2015: report

GENEVA: Unemployment and rising income inequality will top concerns for global leaders in 2015, a World Economic Forum (WEF) study said Friday.

G20 optimistic on global economy

WASHINGTON: Finance chiefs of the Group of 20 economic powers said Friday they remained confident about the global economy, despite renewed weakness in areas like the eurozone.

Ebola could drain billions of dollars from African economies: World Bank

WASHINGTON: The largest-ever outbreak of Ebola could drain billions of dollars from economies in West Africa by the end of next year if the epidemic is not contained, the World Bank said in an analysis on Wednesday.

After hard bargaining, EU set for deal on new leadership

BRUSSELS: European Union leaders are set to end weeks of wrangling over top jobs in Brussels and agree on Saturday on who will fill key posts in EU institutions that face major challenges from a combative Russia and a stuttering economy.

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