Should the U.S. be taking economic lessons from India? Former House Speaker Newt Gingrich thinks so. Perhaps not from India as a whole, but at least from the booming western state of Gujarat, which has enjoyed 10 percent- plus growth under its controversial chief minister, Narendra Modi.
South African President Jacob Zuma pledged to clamp down on labor-related violence at the country’s mines, saying those responsible could not be allowed to disrupt the economy or tarnish the country’s image.
European Union Economic and Monetary Affairs Commissioner Olli Rehn said Latvia’s rebound from deep recession in 2009 to euro entry due next year highlights the need across Europe to narrow national budget deficits.