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EU Fails To Agree On Bankers’ Bonus Cap
The European Union has failed to seal a deal on the Basel bank rules, reported Bloomberg on Wednesday, after members disagreed on how far to go in curbing bankers’...
Russia, Arab League Push For Direct Syria Talks
Leaders from Russia and the Arab League on Wednesday offered to broker talks between the Syrian opposition and President Bashar Assad’s regime, in order to end the country’s two-year-long...
Titan CEO Slams French Productivity, Tells France to Keep its “So-Called Workers”
The head of U.S. tyremaker Titan International has launched a brutal attack on productivity in France, telling the government to keep its “so-called workers” who command a high pay...
China’s Overseas Oil Output to Rival OPEC Members
China’s foreign oil production could soon match rival OPEC members such as Kuwait and the United Arab Emirates, after Beijing’s state-owned oil companies spent a record $35 billion in...
Qatar To Launch $12 Billion Overseas Investment Fund
The Qatari government on Tuesday announced plans to launch a new $12 billion investment company focused on buying distressed assets overseas, with the aim of providing an opportunity for...
Brazil On Verge Of Ending Extreme Poverty, Claims Rousseff
Nearly 2.5 million Brazilians living in poverty will receive a 70 reais ($35) monthly stipend from the government starting from March 18, reported Reuters on Tuesday, after President Dilma...
Tax Avoiders Should be Named and Shamed, Says UK Watchdog
Britain’s tax agency should name and shame individuals and companies who use legal loopholes to avoid paying tax, said a UK spending watchdog, warning that the taxman is losing...
Infographic: Are We Moving Closer to a Global Currency?
Over $4 trillion in world currencies is traded each day in forex markets, 16.5 times more than the trading volume of all global stock markets. Yet, only 2 percent...
Russia To Spend $2 Billion On ‘Asteroid Defense’: Report
The Russian government are speeding up a 58-billion-ruble ($2 billion) program to protect the nation against threats from outer space, claimed Russia Today News on Tuesday, after a meteor...
Germany To Avoid Recession & Return To Growth: Bundesbank
Europe’s largest economy, Germany, will return to growth in the first quarter of 2013, predicted the Bundesbank on Monday, alleviating fears of a technical recession, after its GDP contracted...


