Emerging economies' euro crisis

Most of today's economic institutions, from money to banking, evolved over many years the unintended consequences of decisions by millions of individuals. By contrast, the eurozone stands out for being a deliberate creation.

The silent revolution inside IMF

The International Monetary Fund, at long last, has begun to open up. Gone are the days when it acted as a handmaiden of Western, mainly US, economic orthodoxy. It is even throwing a gauntlet down to the mighty US Federal Reserve, questioning the effects its constant monetary boosting has had on the rest of the world.

The timeline of an optimist

Usually, "optimism" and "realism" are used to describe two different outlooks on life. But I believe that a realistic appraisal of the human condition compels an optimistic worldview. I am particularly optimistic about the potential for technological innovation to improve the lives of the poorest people in the world. That is why I do the work that I do.

61 crushed to death in stampede

Incident further exacerbates Cote d'Ivoire's civil war wounds

Chavez's condition 'complicated'

Venezuelan President Hugo Chavez is aware that his condition is complicated following a fourth cancer operation in Cuba, Vice-President Nicolas Maduro said on Tuesday, as the OPEC nation watches for clues to the socialist leader's health.

New Delhi rapists tried to 'run over victim'

A gang of rapists who savagely assaulted a woman on a bus in New Delhi last month tried to run her over after the attack which left her fatally injured, reports said on Wednesday, citing a police account of the incident.

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Frigid night doesn't stop 2013 parties

Throngs of revelers in and around New York's Times Square bade farewell to 2012 and extended a raucous greeting to 2013 early on Tuesday.

DPRK top leader vows to boost economy in New Year address

Making his first new year's speech, Kim Jong-un, leader of the Democratic People's Republic of Korea, called on Tuesday for his country to focus on economic improvements with the same urgency that scientists put into the launch of a long-range rocket last month.

Foreign tourists describe icy US bus crash

Survivors of a bus crash that killed nine people on a partly icy section of interstate in rural Eastern Oregon said on Monday that some passengers were thrown from the vehicle through broken windows after it skidded out of control, smashed through a guardrail and plummeted 60 meters down an embankment.

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China to boost public diplomacy, exchanges

Public diplomacy is a major direction for China to explore in the future, and tangible efforts will be made to boost public diplomacy and cultural exchanges, Foreign Minister Yang Jiechi said in Beijing on Monday.