World leaders hail Obama Victory, pledge Cooperation

World leaders hail Obama Victory, pledge Cooperation

World leaders have hailed President Barack Obama’s sweeping re-election, with allies pledging to deepen cooperation with the United States on fighting the world economic slump and maintaining security across the globe. Congratulations poured in from across the world, including fellow UN Security Council members Britain, China, France and Russia as well as its Middle East […]

IMF warns Britain to support growth

IMF warns Britain to support growth

(London) – The International Monetary Fund said Britain may need to further slow the pace of its tough austerity measures to lift the country’s growth amid the risk of a major eurozone “shock”. “Fiscal easing and further use of the government’s balance sheet should be considered if downside risks materialise and the recovery fails to […]

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