The growth in world travel and tourism was robust in 2012 despite many economic challenges, a report released by the Travel and Tourism Council (WTTC) said here Tuesday.
The fifth BRICS summit is underway in South Africa's coastal city of Durban - the first time for the meeting to be held on African soil.
Perhaps Jim O'Neil, an economist with Goldman Sachs, would have never imagined that the word "BRICs" he coined in a 2001 research paper could have in reality helped assemble the power of the world's five emerging market economies.
As the global economy gradually recovers, the Asian equity and bond market, especially North Asia equities remains attractive for global investors, said a report by a banking organization on Thur.
At a Thursday news conference on the outlook of global economy in 2013, the International Monetary Fund (IMF) chief struck a cautiously optimistic tone on global economic recovery, but warned against any complacency in efforts to spur economic growth.
China and the United States concluded their latest round of high-level trade talks in Washington on Wednesday.
The Indo-Asian News Service quoted Indian Commerce and Industry Minister Anand Sharma as saying on Tuesday that India has urged the need to "revitalize the Doha WTO negotiations to put in place a rule-based multilateral trade regime in order to revive the global economy".
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