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Saudi Arabia races through financial toolkit to raise funds

  Bloomberg Saudi Arabia’s plans to bolster its finances are taking on a new sense of urgency as lower oil prices put the economy under more strain than at any other time in the past decade. In recent weeks, the kingdom raised a $10 billion loan, clamped down on currency speculators and informed banks of plans to raise as much ...

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US raps China on excess steel production

  Beijing / AFP US envoys pressed China on Monday to cut excess steel production that is flooding global markets and to reach a diplomatic settlement to territorial disputes in the South China Sea as the two sides opened a high-level dialogue. The annual meeting of Cabinet-level foreign affairs, trade and other officials from both sides is meant to head off ...

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USA wants its students to study India

  WASHINGTON / Tribune News Service The US government wants its students to know more about India—from its ancient trade history to the present day start-up ecosystem as the country’s growth story may have “far-reaching implications” on the “life and career” of the young Americans. The US State Department, in collaboration with the Ohio State University, launched a six-week online ...

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