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Last Week's Economy Started Badly, But Ended on a Good Note

Sun, 06/10/2012 - 1:39am — Sin-Mao Yang

A week ago, the economy was looking pretty bad. China and India’s economic growth have slowed. Before Europe even has a chance to fully deal with the Greek crisis, another one sprang up: Spain. In the U.S., unemployment went up slightly in May and job growth slowed. It’s just all bad news for the global economy.

 

Panetta calls for deep U.S.-India defense ties, more arms trade

The Defense Secretary Leon Panetta promised on Wednesday to let India buy America's best weapons technology and jointly produce and develop equipment in a bid to increase trade with the world's top arms importer.

Senh: India's the world's top weapons importer. They do have to worry about Pakistan and China.

 

Which Would You Rather Have - Low Gas Prices or Better Economy? Because You Can't Have Both

Sat, 06/02/2012 - 3:48pm — Sin-Mao Yang

As expected, when the economy took a hit like yesterday when job growth was anemic and unemployment went up slightly, oil prices went down. It has nothing to do with supply and demand.

 

Lots of Bad News Today: Europe, Asia, Jobs ... All Bad

Fri, 06/01/2012 - 11:55am — Sin-Mao Yang

So much for TGIF: all economic reports today were either disappointing or just plain bad.

First, people in Spain are taking their money out of local banks and putting them overseas. It’s similar to what the Greeks did a couple weeks ago - or was it a month? Either way, it’s not good.

 

India’s Economy Struggles After Big Hopes

Indian Economy

India’s problems have dampened hopes that it, along with China and other non-Western economies, might help revive global growth.

 

A baby made in India: a couple's dream comes true

Surrogates in India

Robyn and Jason Wright, who struggled with infertility, thought they'd never have a child. But now they have a little boy, carried by a surrogate in Anand, India, the reproductive tourist hub for an international baby boom.

 

25 dead, 55 hurt in train crash in India

Indian Train Crash

At least 13 people are dead after a train crash in India early Tuesday morning, a spokesman for the ministry of railways said.

 

Clinton Presses Pakistan to Do More to Stamp Out Terrorism

Secretary of State Hillary Clinton pressed Pakistan on Tuesday to do more to stamp out homegrown terrorism, in comments likely to please the Indian government but annoy Pakistani leaders.

 

India Vows Cuts in Iranian-Oil Imports as Clinton Visits

Secretary of State Hillary Clinton called on India to further pressure Iran over its nuclear program after officials said the South Asian nation will curtail its imports of Iranian oil by 20 percent.

 

Clinton to Press India on Iran Oil Imports

U.S. Secretary of State Hillary Rodham Clinton will use a two-day visit to India this week to urge further reductions in Indian imports of Iranian oil.

 

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