Economy & Business
Uruguay becomes first country to legalize marijuana
Uruguay has become the first nation to legalise the growing, sale and smoking of marijuana after the country\'s Senate gave final approval ...Greece approves more austerity cuts
Greece\'s parliament has approved a budget plan filled with over 3 billion euros of austerity cuts with the hope that the debt-laden ...US Republicans seek short-term debt extension
The White House says House Speaker John Boehner\'s proposal for a short-term deal to increase the nation\'s borrowing limit is an “encouraging ...Obama nominates Janet Yellen as Fed chief
US President Barack Obama has officially nominated Federal Reserve vice-chair Janet Yellen to be the next head of the US central bank.Bangladesh garment factory fire kills at least 10
As many as 10 people are dead after a fire at a garment factory on Tuesday evening in the Bangladeshi town of ...China seeks to soothe sea rifts at Asia summit
Asian leaders met against a backdrop of divisive territorial disputes and flagging free trade efforts Wednesday, with China flexing more diplomatic muscle ...Greece forecasts it will emerge from recession in 2014
Greece will emerge from a long recession next year with the economy growing by 0.6 percent, the draft budget presented by the ...IMF head warns US debt crisis threatens world economy
The head of the International Monetary Fund is warning that if Congress fails to raise the debt ceiling the consequences could be ...Indian politician Lalu Prasad sentenced to five years in prison
Former Indian Railway Minister Lalu Prasad Yadav has been sentenced to 5 years in jail Thursday in a fodder scam case.Obama shortens Asia trip, cancels stops in Malaysia, Philippines due to government shutdown
U.S. President Barack Obama is canceling part of his planned trip to Asia this weekend because of the government shutdown, the White ...