Category Archives: Dr. Mulli’s Economics Blog

Wen brings finance to cement India ties

By James Lamont in New Delhi and Jamil Anderlini in Beijing Published: December 15 2010 16:23 | Last updated: December 15 2010 18:49 China has launched a bold financial move to deepen economic engagement with neighbouring India in an attempt … Continue reading

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Cocoa surges as Ivory Coast crisis deepens

The crisis, after a contested presidential election, has started to affect the physical flow of cocoa beans, with exporters in Abidjan, the country’s commercial capital, running low because of insecurity. Laurent Gbagbo overturned Ivory Coast’s election results last week and … Continue reading

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China makes moves to curb inflation

  China makes moves to curb inflation By Justine Lau in Hong Kong and Geoff Dyer in Beijing Published: November 19 2010 13:34 | Last updated: November 19 2010 19:36 Beijing and Hong Kong have unveiled a raft of measures … Continue reading

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Brazil ready to retaliate for US move in ‘currency war’

Financial Times FT.com AMERICAS Economy & Trade Brazil ready to retaliate for US move in ‘currency war’ By John Paul Rathbone in London and Jonathan Wheatley in São Paulo Published: November 4 2010 18:28 | Last updated: November 4 2010 … Continue reading

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Expo sets new records

EXPO 2010 has made history and set new standards for World Expos, the top official of the governing body of World Expos said yesterday.  “You have achieved new records: a record number of participants, a record number of visitors, and … Continue reading

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China’s ‘miracle’ Shenzhen marks 30 years

BY Fran Wang (AFP) BEIJING — President Hu Jintao hailed the southern export hub of Shenzhen as a “miracle” Monday as China marked 30 years of reforms in the city that provided the blueprint for the country’s economic rebirth. “The … Continue reading

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US economy grew at a 5.7 percent, the most in six years

Service Industries in U.S. Probably Grew as Recovery Broadened Feb. 3 (Bloomberg) — Service industries in the U.S. probably expanded in January at the fastest pace in more than a year, a sign the recovery is broadening, economists said before … Continue reading

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Kenya plans to put up 10 MW wind energy project

NAIROBI (Reuters) – Kenya invited on Tuesday tenders for the construction of a 10 megawatt wind power project on the outskirts of the capital, after receiving a 20-million-euro ($28.60 million) loan from Spain. “The Kenya Electricity Generating Company (KenGen) invites … Continue reading

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U.S. Recession Worst in Three Decades, Business Economists Say

U.S. Recession Worst in Three Decades, Business Economists Say  Email | Print | A A A By Shobhana Chandra Feb. 23 (Bloomberg) — The U.S. recession will be the worst in more than three decades as job losses ount and consumers and companies retrench, a survey … Continue reading

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Budget deficit hits record high as revenues tumble

LONDON (Reuters) – Tumbling tax receipts in January drove the budget deficit for the fiscal year so far to a record high and statisticians warned bank bailouts could raise total debt by up to 1.5 trillion pounds, or 100 percent … Continue reading

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