rbi-governor-says-fiscal-discipline-key-for-economic-growth Play

RBI governor says fiscal discipline key for economic growth

New Delhi, May 21 (ANI): RBI governor Raghuram Rajan has reiterated his call for fiscal discipline. Rajan stated that it is essential for the country to achieve sustainable economic growth. Although the comments were part of a broader speech on public sector banks, they come as India's newly elected government led by Narendra Modi is set to face its first credibility test with markets when it delivers a budget by July. Rajan repeated his call while noting that India would not always be able to rely on banks to buy a large portion of its government debt as it usually does. Banks, in turn, raise the funds needed to buy the bonds by attracting deposits from retail investors. May 21, 2014
Prabowo Subianto

Indonesian Election Presents U.S. with Modi-style Visa Headache

The emergence of Prabowo Subianto as a serious contender in Indonesia's election this week means the United States faces the awkward possibility of having to welcome another Asian leader it had denied entry to because of alleged links to mass killings. May 21, 2014
farc-legend-lives-on-in-historic-stronghold Play

FARC legend lives on in historic stronghold

After half a century of armed fighting, Colombia may finally come close to negotiating peace with its leftist FARC guerrillas, who announced a truce for the upcoming presidential elections. Duration: 01:51 May 21, 2014
twin-nigeria-car-bombs-kill-more-than-100-in-jos Play

Twin Nigeria car bombs kill more than 100 in Jos

Twin car bombings in central Nigeria killed at least 118 people and brought entire buildings down Tuesday, in the latest affront to the government's internationally-backed security crackdown. Duration: 00:57 May 21, 2014
bosnia-floods-raise-danger-of-wartime-explosives Play

Bosnia floods raise danger of wartime explosives

In a potentially deadly side-effect to the record-breaking floods that have engulfed Bosnia, officials warned on Monday that unexploded mines left over the 1990s conflict could be dislodged and moved. Duration: 00:53 May 21, 2014
far-right-and-eurosceptics-prepare-for-eu-elections Play

Far-right and eurosceptics prepare for EU elections

Voters prepare to cast their ballots in European elections from May 22-25, which are expected to be marked by a record-low turnout, but with a strong showing for far-right and eurosceptic political groupings. Duration: 02:14 May 21, 2014