economy

Summer festivals and concerts inject millions of pounds into the economy, employ thousands of people and make the UK a hot destination despite the weather, a UK Music report reveals. The report recommends more is done to attract further foreign music tourists to the UK.

My title for this piece is intentionally ambiguous, because the relationship between the United States and Pakistan is utterly ambiguous. It could refer to Washington leaders saying, “Sorry that we violated your sovereignty to kill Osama bin Laden, but we still want to be friends.” Or it could refer to Americans saying, “We know some of your conservatives are sad to lose Osama, but we still want want to be friends.”

Amid unrest in the Middle East and the devastating earthquake and tsunami in Japan, President Barack Obama is staying the course by going ahead with his five-day trip to Latin America. The first family will depart Friday night for stops in Brazil, Chile and El Salvador, where the president will meet with the leaders of each country to discuss trade and the global economy.

Hosting the 2020 World Expo would put the Bay Area and Silicon Valley on the global stage in a very positive way," said Bay Area Council President and CEO Jim Wunderman. "With its focus on innovation, sustainability and space science, the expo could help cement our reputation for good. Everybody will want what Silicon Valley's got.

In this video, we visit one of the showcases of that Turkish penetration across the border into Iraq’s semi autonomous Kurdish region, at the glitziest shopping mall in the Kurdish enclave.

When the Nobel committee selected Liu Xiaobo as the winner of this year's Nobel Peace Prize, the distinction brought unwanted attention to China. For obvious reasons, Beijing did not want the world honoring a man who has dedicated decades to challenging the country's political system. But Beijing, in fact, seems uncomfortable with any kind of attention.

Alarmist predictions in the press about the quality of French diplomacy are now commonplace in France, with diplomats saying that the country’s “soft power” capability is being seriously degraded.

China is set to overtake Japan as the world's second largest-economy in a resurgence that is changing everything from the global balance of military and financial power to how cars are designe

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