IEA says stall in carbon dioxide emission despite growth in worldwide economy in 2014. World carbon emission marked an exceptional no growth in 2014, for the first time ever in past 4 decades. Despite increasing carbon emissions, IEA states that the carbon emission levelled off in 2014, may be due to the positive impact of clean energy policies across the globe. This is a clear indication that...

Yesterday it was announced that Iceland has withdrawn its application for membership in the European Union, which was filed in 2009. Yesterday it was announced that Iceland has withdrawn its application for membership in the European Union, which was filed in 2009 - reports AFP. The decision was not momentary; before Prime Minister Sigmundur Davíð Gunnlaugsson reported that Iceland is preparing...

If Assange agree, then Swedish prosecutor's office intends to send a request to British law enforcement agencies to assist in the conduct of investigative activities Swedish prosecutor's office intends to interrogate in London WikiLeaks founder Julian Assange, who is suspected in Sweden with rape and sexual harassment. Marianne Ny, the prosecutor, today sent a request to Julian Assange’s...

According to the international agency, a review of the impact of recent political developments in the country has exposed the risk on its bank programs, thus culling the operations temporarily in the country. The suspension is for all projects financed by the International Development Association (IDA). The IDA is World Bank’s specific arm for the world’s poorest countries. The review started...

International Monetary Fund has raised its growth forecast for India in the current fiscal to 7.2 percent. The organization has lauded the country calling it as a bright spot in the landscape of global economy while also pointing out obvious flaws in its growth curve. In the yearly assessment report, IMF has noted that India has emerged as one of the fastest-growing big emerging market...

The geopolitical tensions between Ukraine and Russia has sent ripple impacts across the globe. The start of year 2015 has proved rocky for the European democracy. This was mainly led by Eurozone crisis and rise of discontent within its political system that gave way to different forms of populism. The trade dispute triggered Russia’s conflict with Ukraine. With the withdrawal of government...

British Prime Minister David Cameron does not intend to attend the May 9 military parade in Moscow dedicated to the 70th anniversary of the victory in the Great Patriotic War, reported BBC This was reported by a representative of the prime minister on Thursday, citing reasons of diplomatic nature, said BBC Relations between London and Moscow have recently deteriorated markedly due to Russia's...

Papua New Guinea fails to make any progress on the human development front in spite of its growth in GDP. What could be the possible reason? IPS informs that it is due to the corruption level which has been brought to light by ITFS and other anti-corruption teams. Sydney- 24 February 2015- Although GDP (Gross Domestic Production) rate of Papua New Guinea has seen a rise of eight percent, the...

Parity with dollar will be reached, most likely in 2015 - analysts converge in this major international banks. The rate of fall of the euro against the dollar surpassed all expectations: in 2015 the single currency began at $ 1.21, a year ago costing about $ 1.40. Over the past 12 months, euro fell against the dollar by almost 23% and is now worth $ 1.06. In summer of 2014 we talked about the...