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After ‘tapering’ scare, all eyes on ECB’s stimulus plans

  Frankfurt / AFP European Central Bank chief Mario Draghi will be under pressure this week to clarify the bank’s stimulus plans after investors were spooked by talk of an end to its massive bond-buying programme. The ECB governing council is not expected to make any changes to its ultra-loose monetary policy at its regular meeting on Thursday, keeping interest ...

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India’s Modi urges BRICS to double trade, fight terror

  Bloomberg The world’s largest emerging markets must double trade between their countries in the next four years and unite to fight terrorist threats that hurt economic prosperity, Indian Prime Minister Narendra Modi said. Noting intra-BRICS trade was $250 billion, Modi said: “We should set ourselves a target to double this number to $500 billion by 2020”. The eighth annual ...

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Japan withholds its annual dues to UNESCO

  AP Japan has withheld its annual UNESCO dues, saying it wants to make sure the UN body properly functions to foster trust among member nations. Foreign Minister Fumio Kishida, asked by a reporter, confirmed that Japan withheld dues of nearly 4 billion yen ($40 million) for this year. He refused to say if that was to protest UNESCO’s listing ...

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