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US Lifts Restrictions on Myanmar Banks
The United States has taken further steps to ease restrictions on four major Myanmar banks allowing them access to the U.S. financial system. All four banks have faced U.S....
Key Economic News to Watch This Week: February 25
Italy votes for the second day on Monday in one of the most closely watched and unpredictable elections in years. Any shock result or political stalemate could reawaken the...
South Africa Vows To ‘Name & Shame’ Corrupt Officials
South Africa's Justice Minister Jeff Radebe has promised to publish the names and details of all public service officials ever found guilty of corruption, reported AFP, in response to...
Indian Billionaires Vie To Set Up Banks After New License Guidelines
Indian billionaires Kumar Mangalam Birla and Anil Ambani are among several corporate players keen to set up their own banks in the world’s second most populous nation, reported Bloomberg...
Russia to Partially Write-off Cuba’s Soviet-Era Debt
Moscow has agreed to write off part of Cuba’s $30 billion debt and will offer a 10-year refinancing plan for the remaining amount, Russia’s industry and trade minister said...
EU Chief Tells Italians Not to Vote for Berlusconi
The German president of the European Parliament has warned Italians not to vote for former prime minister Silvio Berlusconi, citing worries that he will reverse Rome’s economic reforms if...
Young Americans Taking On Less Debt After Recession: Study
Americans under the age of 35 are taking on less debt obligations than before the financial crisis, showed a study by the Pew Research Center on Friday, highlighting the...
Greece Threatened With 70,000-Euro Daily Fine Over Illegal Landfills
The European Union’s legislative body, the European Commission (EC), has warned Greece to shut down several hundred illegal waste dumps across the country, or face daily fines of up...
Infographic: America’s Most Hated Companies
Why are some companies hated despite raking in huge profits for its investors and shareholders? Check out this infographic which identifies three of America’s most hated companies and details...
Nearly $50bn Left Russia Illegally in 2012, Reveals Central Bank
Russia’s illegal capital outflows reached $49 billion last year with more than half the amount controlled by one organised group, Russia’s central bank revealed on Wednesday. The illicit transfers,...


