If it's able to control inflation and cut its debt, India could well become the world's most appealing investment opportunity.
Europe is choking on debt and scrambling to salvage its beleaguered currency. The United States is saddled by high unemployment and struggling to preserve its wobbly recovery. Even China - which has had to reign in its stimulus to cool its red-hot property market and curb inflation - may have peaked.
Yet India's gross domestic product (GDP) is shooting sharply higher, and many economists thin
Sep 15, 2010
It's Time to Invest in Chile and Colombia - Latin America's Reigning 'Good Guys'
For decades, investors with an interest in Latin America were essentially limited to two choices: Invest in countries that were moderately badly run; or invest in countries that were truly dreadfully run.
Question of the Week: U.S. Government Spending the Wrong Way to Fix Job Market
The U.S. unemployment rate has hovered around 10% for months - with no real signs of improvement. As American workers grow increasingly impatient, the U.S. government is running out of options to help the job market.
Covered Bonds: The Solution to America's Economic Ills
When it comes to the global financial crisis and the Great Recession that followed, this could well be the ultimate irony: The Wall Street invention that got us into this mess may well be the only thing that can get us out.
Zoe Saldana, Lea Michele make People best-dressed list | Reuters
Actress Lea Michele, from the comedy series ''Glee'', arrives at the 62nd annual Primetime Emmy Awards in Los Angeles, California, August 29, 2010.
Credit: Reuters/Mario Anzuoni
LOS ANGELES | Wed Sep 15, 2010 1:04pm BST
LOS ANGELES (Reuters) - "Avatar" star Zoe Saldana, who played a sexy blue alien in the 3D extraganza, made People magazine's....
Rise in jobless claims raises recovery fears | Reuters
People enter a job centre in London August 12, 2009.
Credit: Reuters/Stephen Hird
Sep 14, 2010
Police delay questioning of Pakistan bowler Wahab Riaz | Reuters
(Reuters) - English police have delayed the questioning of Pakistan fast bowler Wahab Riaz over alleged spot-fixing during the England tour until Wednesday, team manager Yawar Saeed said.
EU threatens action against France over Roma | Reuters
Roma families stand at the check-in desk to register for their flight to Romania on a voluntary repatriation scheme at the Marignane airport near Marseille September 14, 2010.
Credit: Reuters/Jean-Paul Pelissier
BRUSSELS | Tue Sep 14, 2010 5:10pm BST
BRUSSELS (Reuters) - The European Union threatened France with legal action over its handling of the expulsion of Roma migrants on Tuesday, with the EU's justice commissioner calling France's behaviour unacceptable and a disgrace.
George Michael jailed for drug-drive offence | Reuters
British singer George Michael arrives at Highbury Corner Magistrates Court in London, September 14, 2010.
Inflation resilient but housing market weakens | Reuters
Fruit is displayed in the window of a cafe, in London July 14, 2009.
Credit: Reuters/Luke MacGregor
By David Milliken and Christina Fincher
LONDON | Tue Sep 14, 2010 2:15pm BST LONDON (Reuters) - British inflation defied expectations for a fall in August but property prices weakened further and the Bank of England's newest recruit signalled he was in no rush to raise interest rates.
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