Us & world articles
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World sees 'severe' coral bleaching event: US agency
The US National Oceanic and Atmospheric Administration (NOAA) said in a report on Monday that the world is experiencing a major coral bleaching event following months of record levels of
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World stocks mixed ahead of US inflation, metals soar
Global shares have been mixed before the release this week of US inflation data and a crucial European Central Bank meeting, while industrial metals prices extended recent gains on expectations of a worldwide manufacturing rebound. The pan-European STOXX 600 index fell 0.2 per cent on Tuesday, while futures on Wall Street were muted. “Stock markets […]
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Chinese subsidies endanger world economy, says US' Yellen
US Treasury Secretary Janet Yellen has said that China's subsidy-fueled "overcapacity" could overload the global market. Beijing has dismissed such concerns in the past.