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The article deals mostly with the trouble arising in Sri Lanka as both India and China, two super powers, want to have exclusive rights in the small country. The article then moves on to discuss how India will help support micro credit schemes for ex-combatants in the war-ridden country.

The article deals mostly with the trouble arising in Sri Lanka as both India and China, two super powers, want to have exclusive rights in the small country. The article then moves on to discuss how India will help support micro credit schemes for ex-combatants in the war-ridden country. The micro credit will help encourage entrepreneurship among these people who now have no way of earning a living.

Fitch's credit rating agency has recently upgraded Greece's credit rating out of restricted default after Athens carried out the biggest debt write down in history. This involved trading bonds with private investors to capitalize.

This article is an interview with Bangladesh's Grameen Bank founder Muhammad Yunus who just received the nobel peace prize for his work with micro credits. This article discusses many of the problems with people misusing micro credits to make personal gains.

The article discusses whether or not micro credit is helping people escape the poverty cycle, or whether it just forces them into further debt. The conclusion made is that maybe the micro banks should focus on savings instead of loans because "it is much harder to get in trouble by saving too much than by borrowing too much"

BBC News Investors fear there may be more trouble ahead for Greece Late on Friday night the International Swaps and Derivatives Association (ISDA) declared Greece's latest deal with its private lenders to be a "credit event".

The Indian rupee hits a record low, and this widens their losses in terms of oil import.

A day after the rebel retreat, relief workers were said to be poised to enter the shattered Baba Amr area on Friday to bring badly needed food and medical supplies to civilians. But it was not immediately clear when they would be able to begin the operation.