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IBTimes.com : Politics & Policy
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Japan to recover at a moderate pace: BoJ report
Using cautious language while putting out its monthly economic report, the Bank of Japan (BoJ) said fledgling recovery faced challenges like less-than-robust growth in exports, continued distress in the jobs sector and a decline in public investment.
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ECB's Weber-Periphery measures will avoid insolvency
Fiscal repair measures being implemented by heavily indebted euro zone countries are enough to prevent state insolvencies, European Central Bank Governing Council member and Bundesbank head, Axel Weber, said on Wednesday.
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BP spreads blame in Deepwater incident
In a long-awaited report, BP said on Wednesday that a series of failures involving multiple companies caused the Deepwater Horizon oil rig explosion which killed 11 workers, injured 17 and led to the largest oil spill in U.S. history.
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Interview: Nando Sigona and Nidhi Trehan on The Status of Roma in Europe -- Part 1
IBTIMES spoke to two experts on the European Roma about the current legal, economic and political status of the Roma in an ever-changing Europe. This is
the first part of a two-part interview.
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RBI warns on surge in non-bank lending
A Reserve Bank of India deputy governor on Wednesday cautioned against a sharp rise in lending activity by non-banking finance companies (NBFCs) to companies, which she said can lead to asset bubbles.
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Balance sheet talks in India market for M&A advice
Advice may be nice, but backing it up with balance sheet can be key to winning M&A business for investment banks in India.
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EU cracks whip on budget offenders
The move, aimed to preserve the future of the euro common currency and maintain the viability of the monetary union, will now put a lid on "irresponsible spending" by member countries who played against the rule and inflated their national budget deficit, thus raising the specter of euro's collapse.
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Fines of $7 in "tough" new China anti-smoking rules
China's "toughest" ever smoking ban which aims to stop people lighting up during November's Asian Games will carry fines of $7, state media said on Wednesday, a limited deterrent to smokers in one of China's richest cities.
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No timeframe for freeing savings rate: RBI
India's central bank has not set any timeframe for deregulation of deposit rates on savings bank accounts, Deputy Governor Usha Thorat said on Wednesday.
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Court dismisses Vodafone petition in tax case
A court has dismissed a petition filed by Britain's Vodafone against the country's tax department, saying the department does have jurisdiction over tax bills in cross-border mergers.
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