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Russians To Vote On ‘New’ Rouble
Russians will get to decide on a new symbol for their currency, reported Reuters on Wednesday, in a move by the government to enhance the international profile of the...
Global Billionaire Population Hits New Record Thanks To Rapid Growth In Asia
There are 2,170 billionaires in the world today, according to the inaugural Wealth-X and UBS Billionaire Census 2013, with their combined net worth estimated at over $6.5 trillion –...
US Consumer Watchdog Seek To Crack Down On Aggressive Debt Collectors
The U.S. Consumer Financial Protection Bureau will seek out public opinion before proposing new rules targeting the end of intimidating tactics used by debt collectors, Reuters reported on Wednesday,...
EU Misspent Nearly $9 Billion Of Budget In 2012: Auditors
Approximately 6.6 billion euros ($8.9 billion) in European Union funds were misallocated or lost to inefficient expenditure schemes last year, according to the bloc’s official auditors on Tuesday, marking...
China Needs 7.2 Percent GDP Growth To Sustain Job Market: Premier
China’s economy must continue growing by at least 7.2 percent per year in order to sustain the unemployment rate from rising, said Premier Li Keqiang in remarks published on...
UK MPs Call For Greater Scrutiny Into Prince Charles’s Tax Affairs
The heir to the British throne, Prince Charles, should face a Treasury inquiry into the amount of taxes he pay each year, said an influential committee of U.K. MPs...
Britons Eating Cheaper, But More Unhealthy Food After Financial Crisis: Study
Despite a sharp rise in food inflation, U.K. families are spending 8.5 percent less on food today than what they did before the financial crisis; but the savings had...
Swiss Banks May Face Higher Leverage Ratio Requirements
Swiss banks could be forced to raise their minimum leverage ratios to as much as 10 percent, reported the Wall Street Journal on Sunday, in a move aimed at...
US Budget Deficit Drops By 37 Percent, Lowest In Five Years
The U.S. government saw a budget deficit of $680.3 billion for fiscal year 2013, showed Treasury Department data on Wednesday, a 37 percent drop from the fiscal 2012 deficit...
US Treasury Says Germany Is Hurting World Economy
Germany’s persistently high trade surplus and export-led growth model is preventing the eurozone from recovering quickly, harming the wider global economy in the process, said a U.S. Treasury report...


