Letter campaign was boost for Yellen

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• Letter campaign was boost for Yellen
• IMF says taper risks $2.3tn hit to bonds
• Drones enjoy powerful political backing
• OECD adds climate scores to surveys
• Weidmann sticks to the red light rule
• EU denies border agency refugee funds
• S Korea pays heavy price for education
• Gaza gas project poised for approval
• Nobel Prize for experiments in cyberspace

Letter campaign was boost for Yellen Posted: 09 Oct 2013 11:05 AM PDT Janet Yellen can thank a band of Democratic senators, whose opposition to Lawrence Summers opened the door for her nomination

IMF says taper risks $2.3tn hit to bonds Posted: 09 Oct 2013 05:57 AM PDT IMF says if US were to default on some obligations after failing to raise debt ceiling, it 'could seriously damage' global economy and financial system

Drones enjoy powerful political backing Posted: 09 Oct 2013 03:26 AM PDT With the help of the powerful drone lobby, sales of unmanned defence systems have filled some of the gap left by US aerospace cuts made a decade ago

OECD adds climate scores to surveys Posted: 09 Oct 2013 09:31 AM PDT Canada is the first to be assessed on how it is addressing climate change as the policy forum moves to help countries stop burning fossil fuels

Weidmann sticks to the red light rule Posted: 09 Oct 2013 11:18 AM PDT German central bank head warns against economic complacency, noting it would be a mistake for Germany to retreat from its labour market reforms

EU denies border agency refugee funds Posted: 09 Oct 2013 10:38 AM PDT Frontex feels hamstrung in face of migrant misery as its director tells of being denied contingency funds to cope with those fleeing political unrest

S Korea pays heavy price for education Posted: 08 Oct 2013 11:15 PM PDT The country leads the world in terms of university graduates, but supply outstrips demand and that is weighing on economic growth

Gaza gas project poised for approval Posted: 09 Oct 2013 05:53 AM PDT The deal would be largest yet of several programmes put forward as part of a $4bn plan to lift the Palestinian economy out of its dependency on aid

Nobel Prize for experiments in cyberspace Posted: 09 Oct 2013 04:02 AM PDT Chemistry award goes to scientists Martin Karplus, Michael Levitt and Arieh Warshel, who worked out how to model chemical reactions in computers

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