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Iran May Offer Discounted Oil To Lure Back Old Customers
The Iranian government is considering giving crude price discounts to its former customers as long as Western sanctions against it can be eased in the future, said a senior...
Thailand Mulls ‘Tourist Tax’ To Cover Foreigners’ Unpaid Medical Bills
The Thai government may begin charging foreigners up to 500-baht ($16.13) to enter the country starting from January next year, said authorities this week, in the hopes of attracting...
Starbucks Slammed By Chinese State Media For Higher Prices
The world's largest coffee chain, Starbucks Corp, has come under fire from China’s official state broadcaster, China Central Television (CCTV), for charging locals up to 50 percent more for...
Sugar Prices Soar After Fire At Brazil Port
Global sugar prices have risen to a one-year high after a fire broke out at several warehouses in the southern Brazilian port of Santos last Friday, destroying some 180,000...
Argentine Scientists Hope To Turn Cow ‘Burps’ Into Energy Source
Argentine scientists have found a way to convert gas produced by bovine digestive systems into a fuel source, reported Reuters on Monday, though they do not expect the method...
JPMorgan May Pay Record $13 Billion Fine For Role In Subprime Mortgage Crisis
U.S. banking giant JP Morgan Chase will reportedly pay $13 billion to end federal and state investigations into mortgage-backed securities it sold before the financial crisis, marking the largest...
30 Million People Worldwide Living As Slaves: Report
An estimated 30 million people worldwide are currently living as slaves, according to the inaugural Global Slavery Index published Thursday, with India said to have the largest number of...
World Bank Slashes India’s Forecast For 2013, Sees Better Growth Next Year
The World Bank has cut its forecast for India’s economic growth from 6.1 percent to 4.7 percent in this fiscal year, citing a sharp slowdown in manufacturing and high...
China Steps Up Calls To End US Dollar’s Reign As World’s Reserve Currency
As nations worldwide continue to fret over the U.S. budget impasse, China has once again called for the creation of a new international reserve currency to replace the U.S....
Lowly-Paid US Fast-Food Workers Require $7 Billion a Year in Public Aid: Study
More than half of employees working at the largest fast-food chains in the U.S. are earning so little in wages that they must rely on some sort of public...


