08 Apr 2005 10:35 AM

The European Union plans to establish €73 billion research budget over seven years and to create industry-led "technology platforms" to consider the way of its spending. The

08 Apr 2005 08:16 AM

Securities and Exchange Commission Chairman William Donaldson made an effort to implement a trade-through-rule plan passing the objections of Republican commissioners the criticism from allies in Congress.

08 Apr 2005 08:15 AM

The optimistic growing process of developing economies is threatened by continued high U.S. budget and trade deficits which cause rise of interest rates and weakening of the dollar, the World Bank said in Wednesday’s

08 Apr 2005 03:41 AM

India Prime Minister Manmohan Singh reported that starting Thursday the Srinagar-Muzaffarabad bus service would be flagged off from Srinagar. This announcement was caused by the militants’ attack on Srinagar’s Tourist Reception Centre with bus passengers lodged.

07 Apr 2005 07:21 PM

The European Union plans to establish €73 billion research budget over seven years and to create industry-led "technology platforms" to consider its spending. The core of the groups would form businesses involving scientists, consumer representatives and other staff. The

07 Apr 2005 06:17 PM

The US Senate voted for the imposing of tarrifs on China if it does not change its currency policy. The move came amid the Bush administration’s decision to pursue harder policy towards China.

07 Apr 2005 05:10 PM

Saudis officials reported today that there are several eminent al Qaeda supporters among 15 terrorists killed and 7 captured during the Riyadh suburb gun battles. It was proved that four of those who were killed are on the

07 Apr 2005 02:51 PM

During the Geneva meeting UN Secretary General Kofi Annan indicted the UN Human Rights Commission of being absolutely inefficient in human rights’ upholding. From this standpoint Secretary General proposed to set a new permanent body. The

07 Apr 2005 12:32 PM

Russia is going to repeal all limitation on foreign ownership of the world’s biggest gas producer OAO Gazprom this year, Russia’s economics and trade minister said Wednesday.

07 Apr 2005 12:31 PM

US military spokeswoman reported today that there are approximately 18 people killed by the American helicopter crash in Afghanistan. There are still little hope to find two missing servicemen alive. Their names had been on the flight manifest and they remained unaccounted for.

07 Apr 2005 11:04 AM

Iraq’s newly elected Jalal Talabani announced that his policy will be aimed at curbing terrorism and drafting a new constitution that will consider priorities of all population groups.

07 Apr 2005 08:33 AM

The optimistic growth rate of developing economies is threatened by continued high U.S. budget and trade deficits which cause rise in interest rates and weakening of the dollar, the World Bank said in Wednesday’s report on the global economic outlook.

07 Apr 2005 08:19 AM

A prestigious Paris Club creditor of Russia has moderated its offer to the Kremlin to buy back the country’s bilateral debt, putting forward a $43bn deal. Russia owes the biggest part of its debt (about $18bn) to Germany. The main part of Russia’s debt was floated in the Soviet times when Russia’s financial circles were much weaker than now. But now many of Russia’s

06 Apr 2005 07:30 PM

Credit derivative market may be rapidly sold off under the negative conditions, according to IMF’s Global Financial Stability Report.

06 Apr 2005 05:09 PM

In response to Israel’s plans to build 3,500 new houses in the large West Bank settlement at Ma’aleh Adumin, US president George W. Bush announced that he will force Israeli Prime Minister Ariel Sharon at their meeting