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Shell To Pay $1.1 Million Fine For Polluting Arctic Air
Royal Dutch Shell plc, the world’s largest oil company, will pay $1.1 million to settle air-quality violations made during two oil-exploration activities in the Arctic Ocean last year, according...
Infographic: Behind The Dark Business Of Money Laundering
Money laundering is a massive global problem. Billions in illicitly-earned money is laundered every year, often through reputable banking systems. The transactions are often made to look legitimate, in...
Ex-Italy PM Paid “Millions” In Protection Money To Mafia: Court
Former Italian prime minister Silvio Berlusconi had a 20-year pact with the mafia for protection and help with his business interests in exchange for millions of euros in payment,...
Philippines Warn Against Toxic Lipstick From China
Women lipstick made in China could contain high levels of lead that have been linked to causing high blood pressure, joint pain and poor memory loss in adults, warned...
BRICS To Set Up $100 Billion Foreign Reserve Fund
The BRICS (Brazil, Russia, India, China and South Africa) group of emerging economies have agreed to contribute $100 billion to a currency reserve pool that will guard against future...
Infographic: Is America’s Tax Policy Failing The Nation?
Even with broad and prolonged support for raising taxes on the rich, tax reform regularly ranks near the bottom of America’s priority list. According to a Bloomberg poll, only...
Greece May Require Third Bailout in 2014
Officials from the European Central Bank arrived in Athens on Wednesday for a check on whether Greece was meeting conditions for a scheduled tranche of aid in October, a...
Brazil Seeks To Calm World Cup Hyperinflation
Brazil’s tourism board on Tuesday confirmed that it has asked world football governing body FIFA and hotel operators to lower prices during the 2014 World Cup, after a study...
Kenya and China Sign $5bn Infrastructure & Energy Deals
Kenya and China on Monday signed deals worth $5 billion to construct a new railway line and fund an energy project, with Kenyan President Uhuru Kenyatta calling the deals...
India’s Economic Troubles “Overplayed”, Says World Bank Chief Economist
The gloom and doom surrounding India’s economic crisis has been “overplayed”, said chief economist at the World Bank Kaushik Basu on Monday, dismissing rumours that that India will need...


