New Delhi / AFP India’s former prime minister said Thursday the government’s shock move to withdraw all high-value notes from circulation would slow growth in the world’s fastest expanding major economy, calling it “legalised plunder”. Manmohan Singh, whose economic reforms are credited with rescuing the country from the brink of bankruptcy in the early 1990s, said the two-week-old scheme had ...

  Geneva / AFP The head of the World Trade Organization said on Thursday he had received no indication the United States would move to leave the WTO under Donald Trump’s administration. “I haven’t had any indication from anybody that that could be the case,” WTO chief Roberto Azevedo told reporters. During his campaign, in which he repeatedly attacked global ...

  Frankfurt am Main / AFP Global markets face rising instability due to political uncertainty after the election of Donald Trump and with polls next year in key European countries, the European Central Bank warned on Thursday. “Risks of global asset market corrections have intensified, partially due to political uncertainty and expected US policy changes,” the ECB said in its ...