Bloomberg Algeria is the latest country in the Middle East and North Africa to push ahead with early preparations for a nuclear power facility. The Algerian Commissariat of Atomic Energy (Comena) has started initial talks with Russian state nuclear provider Rosatom about the potential for atomic energy in Algeria. The North African state has set a target for generating its ...

New Delhi / Bloomberg Asia needs to take a leadership role in the global economy that reflects the continent’s growing clout, International Monetary Fund Managing Director Christine Lagarde said. Asian officials should keep monetary policy supportive, while using fiscal policy to boost growth and macro-prudential measures to protect financial stability, Lagarde said in a speech on Saturday in New Delhi. ...

New Delhi / AFP India’s central bank chief on Saturday said “new rules of the game” were needed for monetary policy-making, arguing that greater oversight was crucial in an increasingly integrated global economy. Central banker Raghuram Rajan proposed a traffic light-style system whereby a central bank’s policies could be rated red, orange or green depending on their level of harmful ...