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Cuba Approves New Foreign Investment Law, Aims To Bring In $2 Billion A Year
The Cuban parliament on Saturday unanimously passed a new law to open up the country to more foreign investments, promising less government control and greater flexibility for overseas investors....
UN Court Orders Japan To End Whaling In Antarctic
The United Nations’ highest court, the International Court of Justice (ICJ), has banned Japan from hunting for whales off Antarctica, ruling that the nation's annual hunt was not for...
Germany May Send Military Aid To Eastern Europe In Response To Russia’s Actions
The German defence ministry is considering providing military assistance to some eastern European members of the NATO defence alliance, in order to assuage fears of further Russian aggression following...
China Seizes $14.5 Billion In Assets From Ex-Security Chief And Associates
In what has been described as the largest corruption scandal in the country in more than six decades, Chinese authorities have seized at least 90 billion yuan ($14.5 billion)...
Ukrainians To Pay 50 Percent More For Gas Under IMF Bailout Package
Ukraine will raise domestic gas prices by as much as 50 percent starting from May 1, said the government on Wednesday, in order to meet a key loan condition...
Malaysia Could Lose $1.3 Billion In Tourism Revenue Due To MH370 Controversy
The Malaysian economy could lose nearly $1.3 billion in tourism revenue this year, according to analysts speaking to the South China Morning Post, with many Chinese tourists now cancelling...
Banks Have Paid $100 Billion In US Fines Since Financial Crisis: Report
The world’s largest banks have forked out close to $100 billion to settle U.S.-based legal disputes since the beginning of the financial crisis, according to a research study by...
Italian Mafia Has Larger Annual Budget Than The EU
Organised crime syndicates in Italy operate on an annual budget of more than 200 billion euros ($276 billion), claimed the country's foreign ministry on Tuesday, with significant investments both...
Air Pollution Kills 7 Million People A Year: WHO
Medical ailments brought on by air pollution is causing up to 7 million deaths a year, said a new report by the World Health Organisation, making air pollution the...
Brazil Suffers First Ratings Cut In A Decade
Standard & Poor's on Monday cut the credit rating on Brazil's long-term bonds from BBB+ to BBB-, reported Bloomberg, ending a decade-long stretch of upgrades for Latin America’s largest...


