OPEC chief Abdullah al-Badri urges oil investment despite low prices
DUBAI (UNITED ARAB EMIRATES): The secretary-general of OPEC on Sunday urged Gulf Arab nations to keep investing in oilfield development despite the plunge in crude prices and gave no indication the cartel was...
New Brazilian minister pledges realistic fiscal targets and balanced economic growth
Brazilian President Dilma Rousseff finally announced on Thursday the appointment of Joaquim Levy, as her next Finance minister who is also known as the ‘scissors man’, who pledged more realistic fiscal targets and...
Asian Nations Launch $100 Bn Infrastructure Bank
India will be second largest shareholder of China-backed Asian Infrastructure Investment BankIndia along with 20 other countries on Friday signed an agreement to become founding members of the China-backed Asian Infrastructure Investment Bank...