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European Markets Rally At News of Interest Rate Cuts

European stock markets appear to have rallied after the severe losses recorded when they opened this morning. Following news of continued falls on the Asian markets, Amsterdam's AEX lost five percent soon after opening.

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World Bank report calls for more investment in agriculture

A renewed focus on agricultural development is critical to successfully reducing global poverty and hunger, according to a new World Bank report co-authored by economists at the University of California, Berkeley.

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Economists see upturn in global economy

The global economy is set to expand in the second half of the year in all major regions, as expectations for the current quarter and the next six months are revised upwards, according to the latest ICC and Ifo World Economic Survey released today (August 21).

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Agriculture as counterexample to market demands of globalization

A compelling new paper from the August issue of the Journal of Consumer Research explores the community-supported agriculture movement and its survival in the face of economic globalization.

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India could achieve double-digit growth: Economist

India is capable of achieving and sustaining double digit economic growth in the coming years if labour reforms are carried out to shift the workforce from agriculture to industry, eminent economist Arvind Panagariya said.

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China to help push forward Doha Round talks

China will continue to help push forward the Doha Round trade talks and work to safeguard the multilateral trade system, Minister of Finance Jin Renqing said in Beijing on Monday.

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Africa's Economy Growing But Still Trails World Growth

The World Economic Forum for Africa has opened its annual meeting to mixed news about the state of business on the continent. Africa is experiencing its greatest growth since the 1970s, but it isn't growing fast enough to eliminate poverty, and Africa continues to trail other regions in the global marketplace.

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Putin proposes adding ruble to international payment system

Russian President Vladimir Putin proposed Sunday adding ruble transactions to the international system of payments.

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India's share in world trade to be 2 pc in 2009: Nath

Commerce Minister of India Kamal Nath has said India's share in the global trade is likely to go up to two percent in 2009 from 1.5 percent in 2006 on the back of fast growth in goods and services trade.

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Global Economy Still on a Roll, Economists Say

World economic expansion is poised to continue for the rest of the year as economists' predictions remain robust for the second quarter in a row, according to the latest International Chamber of Commerce (ICC) and Ifo World Economic Survey, released on May 22nd.

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Europe: Jews have too much sway in U.S. policy and world finance

Many Europeans think that Jews have too much impact upon U.S. policy in the Mideast and global economic and talk too much about Holocaust, the Anti-Defamation League reported on Monday.

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Exporters of India find $160 bln export target unrealistic

In the backdrop of a sharp rise in the value of Rupee and emerging slowdown in the global economy, a majority of exporters feel the export target of US$ 160 billion set by the government of India is too ambitious, according to an Assocham survey.

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