The Hungarian Central Bank is issuing stacks of old currency notes to its impoverished citizens across the country, so as to allow its citizens to burn the notes in order to keep warm during one of Europe’s deadliest cold snaps.
For the past four years, the Hungarian government has been recycling nearly $1 billion worth of unusable notes into briquettes, which are then sent to several charities as a form of heating fuel.
What can Americans not live without? A car? A smartphone? Credit cards? Lake Research Partners found out via a survey, and the answer may be a little surprise for some.
A recent poll conducted on behalf of the National Association of Home Builders has found that a huge majority of Americans believe in investing in homeownership, with over 78 percent of all respondents agreeing, and 43 percent strongly agreeing.
Unemployment in America peaked 3 years ago, at the height of the subprime housing crisis which slowly spread across the financial markets across the world. While the labour situation has since improved, unemployment remains high. But one industry darling has added almost half a million jobs to the American economy.
You’ve probably heard of the iEconomy, but have you heard of the App Economy?
Local government authorities from the Guangdong province in China are stepping up food-safety inspections for the region, after a batch of suspect fake chicken eggs were discovered by a local supermarket shopper in its capital city of Guangzhou.
According to the China Daily, almost 3,000 eggs had to be removed from the supermarket, located within the Panyu district of Guangzhou, on Monday after a shopper complained that the ones he had bought were fake.
Prosecutors from the US Justice Department indicted a Chinese state-owned company, along with several other conspirators, on Wednesday, for an espionage scheme aimed at stealing industrial secrets from chemical giant DuPont.
With Apple’s decision to revamp iBooks, many are keen to see how the product would revolutionise textbooks and the education industry. But what impact does it have on the cost of education, for students, parents, and governments?
With the recent news of Apple’s move into textbooks – iBooks 2 – could this revolutionary move into the education industry work out? In particular, what are the costs involved, and can America afford to bring technology into every classroom?
Japan’s fourth largest automobile maker, Mitsubishi Motors, has said that would sell its Netherlands plant in Born ‘for one euro’ provided all 1,500 workers keep their jobs.
The sale, which the company said would be completed by the end of 2012, would be the end of Mitsubishi’s manufacturing operations in Europe.
Google Inc has removed all content deemed objectionable by a New Delhi court from its Indian domains after being slapped with legal charges in December last year for carrying “offensive and objectionable” material.
Iran has banned all forms of merchandise related to the popular cartoon series The Simpsons in the country, claimed a report by Reuters on Monday, with the cartoon family joining Barbie as the latest American pop culture icon targeted by the nation’s morality police.
Following Burma’s recent political reform, the United States has announced that it would lift sanctions on Myanmar, opening new economic and funding opportunities for the South-East Asian nation.
The United States State Department announced in a statement today that Secretary of State Hillary Clinton has signed a partial waiver of restrictions imposed on Myanmar under the Trafficking Victims Protection Act.
