| The element
of life | | How one company has worked towards providing clean drinking water to Pakistan | | Egypt revising plan tied to $4.8b loan | | Egypt is reviewing its economic program as it seeks to complete long-delayed talks with the International Monetary Fund on a $4.8 billion loan, a senior IMF official said. | | IMF sees Saudi economic slowdown | | Saudi economic growth will slow to 4.4 per cent in 2013 from 6.8 per cent last year due to an expected fall in oil production, and cuts in government spending, the International Monetary Fund said on Tuesday. | | Pakistan vows to be Asian tiger | | Pakistan’s prime minister-in-waiting Mohammad Nawaz Sharif has vowed to turn Pakistan into an Asian tiger in a short span of time. | | Austerity a moral issue as it inflicts millions | | In the nearly five years since the worst financial crash since the Great Depression, the remedy for the world’s economic doldrums has swung from full-on Keynesianism to unforgiving austerity and back. | | S&P warns India could face junk status | | India faces at least 'a one-in-three' chance of losing its prized sovereign grade rating, global ratings agency Standard and Poor’s has warned, in another blow to the scandal-tainted Congress government. | | US economy losing steam | | The US economy showed worrisome signs as jobless claims rose sharply last week while ground-breaking at home construction sites tumbled in April and a gauge of underlying inflation pointed to weak demand. | | Dimon faces vote on his leadership at JPMorgan | | Jamie Dimon, chief executive of US banking behemoth JPMorgan Chase and one of the most prominent figures on Wall Street, faces a major challenge to his leadership next week in the wake of the “London Whale” debacle. | |
