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Infographic: 21 Shocking Facts About Food Waste In The US
Some 1.3 billion tons of food are wasted every year, according to a United Nations report published in September. Other reports suggest that the number is much higher at...
China To Install GPS Trackers In Government Cars To Prevent Misuse
The Chinese government is set to install GPS tracking systems in all state-bought vehicles, reported local state media last weekend, seeking to crack down on officials who use government...
Congolese Militia Smuggle $500 Million In Gold A Year: Report
M23 militants in eastern Congo have infiltrated several lucrative gold mines in order to bankroll their rebellion by smuggling out nearly $500 million of the precious metal a year,...
China, Europe Agree To $57 Billion Currency Swap Deal
The People’s Bank of China and the European Central Bank on Thursday have a signed currency swap agreement to boost trade between the two regions, marking China’s largest such...
Philippines Introduce Tax ‘Star Ratings’ For Restaurants
Forget the Michelin guide, the Philippines government has created a new and unique ratings directory for dining at restaurants – ranking eateries by the taxes they pay rather than...
Russia Leads Global Wealth Inequality – 110 People Own 35 Percent Of Wealth: Report
Global wealth has risen by 68 percent over the past 10 years, according to the 2013 Credit Suisse Global Wealth Report released on Wednesday, but the level of inequality...
Colombia Slaps 33 Percent Charge For Assets Sent To Foreign Tax Havens
Colombian companies and individuals will now have to pay a 33 percent fee when they transfer funds to countries listed by the government as a tax haven, announced Finance...
Chinese Official Fired After Son Holds 3-Day Long, $260,000 Wedding
A Communist Party village official in a Beijing suburb has been sacked by the party’s discipline inspection commission after reports of his son’s three-day wedding emerged in local media...
Warren Buffett Makes $10 Billion From Financial Crisis Lending
Billionaire investor Warren Buffett has earned more than $10 billion – and counting – from lending cash to blue-chip companies during the global financial crisis, reported the Wall Street...
China Presses US To End Government Shutdown & Avoid Debt Default
China, the world’s largest holder of U.S. foreign debt, has called on U.S. politicians to end their debt ceiling standoff ahead of the October 17th deadline, warning that a...


