When the world gets closer.

We help you see farther.

Sign up to our expressly international daily newsletter.

Already a subscriber? Log in.

You've reach your limit of free articles.

Get unlimited access to Worldcrunch

You can cancel anytime.

SUBSCRIBERS BENEFITS

Ad-free experience NEW

Exclusive international news coverage

Access to Worldcrunch archives

Monthly Access

30-day free trial, then $2.90 per month.

Annual Access BEST VALUE

$19.90 per year, save $14.90 compared to monthly billing.save $14.90.

Subscribe to Worldcrunch
Economy

China Moves Push Global Shares Toward Five-Year Highs

REUTERS

Worldcrunch

BEIJING- Share prices across global markets advanced towards five-year highs on Tuesday, as China's made efforts to avoid a hard landing for its slowing economy, Reuters reports.

Local media in China reported that the government was looking to increase investment in railway projects to reduce gluts in steel, cement and other materials, as it aims to ensure annual economic growth does not sink below 7%.

"Managing to keep growth above 7% will certainly be viewed as a positive stance," IG Markets analyst Alastair McCaig told Reuters. "But they really have only five months to prove their words are worth their weight."

[rebelmouse-image 27087188 alt="""" original_size="320x240" expand=1] Photo: Rick Harris

Newfound confidence in the Chinese economy's ability to rebound, and bring the rest of the world with it, also helped push shares higher in Europe through midday trading, mirroring record gains on Wall Street on Monday.

Read the full story in REUTERS

You've reached your limit of free articles.

To read the full story, start your free trial today.

Get unlimited access. Cancel anytime.

Exclusive coverage from the world's top sources, in English for the first time.

Insights from the widest range of perspectives, languages and countries.

Geopolitics

Are Iran And The Taliban Colluding In The Drug Trafficking Business?

Iran is reacting mildly to recurring Taliban provocations on its frontier. Is this due to diplomatic weakness, policy incompetence or is there some murky complicity inside Iran with the Afghan drug trade?

Image of Afghan men consuming drugs on a street in Kabul.

Afghan men consume drugs on a street in Kabul.

Hamed Mohamed Gazouillement

-Analysis-

After about a week-long exchange of fire between Taliban forces and Iranian border guards (at or near Sasuli in eastern Iran) and in spite of Iranian authorities claiming the "misunderstanding" had been resolved and peace restored at the frontier, late on May 30, the Taliban were reportedly moving guns and armored troop carriers to the frontier district of Islam Qala, in northwestern Afghanistan.

Keep reading...Show less

You've reached your limit of free articles.

To read the full story, start your free trial today.

Get unlimited access. Cancel anytime.

Exclusive coverage from the world's top sources, in English for the first time.

Insights from the widest range of perspectives, languages and countries.

Already a subscriber? Log in.

You've reach your limit of free articles.

Get unlimited access to Worldcrunch

You can cancel anytime.

SUBSCRIBERS BENEFITS

Ad-free experience NEW

Exclusive international news coverage

Access to Worldcrunch archives

Monthly Access

30-day free trial, then $2.90 per month.

Annual Access BEST VALUE

$19.90 per year, save $14.90 compared to monthly billing.save $14.90.

Subscribe to Worldcrunch

The latest