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Old Indian economy lives on

Things are looking up in India. Growth will top 7% this year, foreign exchange reserves are a record US$93bil and the country has grabbed a quarter of the fast-growing market for outsourced service jobs.

Reality hits Social Democrats

Stung and shocked by the rise of right wing parties and groups in Europe and the United States, the Social Democratic political parties in Europe have launched an initiative to counter this trend by building what they call a 'global progressive alliance.' Global Trends with Martin Khor.

Sino-US ties still quite fluid

Colin Powell, the American Secretary of State, stated recently that America's relations with China have been the best in recent years. If this is true this augurs well for Chinese premier Wen Jiabao's trip, set to begin Sunday, to the United States.

Sino-US ties still quite fluid

Colin Powell, the American Secretary of State, stated recently that America's relations with China have been the best in recent years. If this is true this augurs well for Chinese premier Wen Jiabao's trip, set to begin Sunday, to the United States.

IMF: No imminent need to unpeg ringgit

THERE is 'no imminent need' for Malaysia to unpeg the ringgit, an International Monetary Fund (IMF) official said yesterday. But he urged the authorities to study it, to allow greater policy flexibility.

IMF sees risk of disorderly US dollar fall

B>WASHINGTON: /B>Large and growing US budget and current account deficits raise the risk of an abrupt drop in the value of the greenback, which could hit US and global economic growth, the International Monetary Fund (IMF) said.

Riding out the crisis wave

Tan Sri Nor Mohamed Yakcop 's appointment as Finance Minister II is an occasion to revisit the unorthodox policy measures Malaysia took in the dark days of the financial crisis.The Malaysian strategy is now seen as an alternative that other countries can learn from,writes MARTIN KHOR.

Inspiring story of the WSF

By Martin Khor

Islamic Financial Services Board admits 13 new members

THE Council of Islamic Financial Services Board (IFSB) yesterday admitted 13 new members, bringing the number to 49.

IMF: Ringgit peg ‘not substantially misaligned’

MALAYSIA's ringgit peg is 'not substantially misaligned' despite the US dollar's fall, the International Monetary Fund (IMF) said Thursday, backing official and manufacturers' views supporting the peg.