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A “Good Year” Ahead Provided Fiscal Cliff is Avoided: Bernanke
Federal Reserve Chairman Ben Bernanke has said that the United States could enjoy a “good year” in 2013 if the fiscal cliff is resolved. Failing to avoid the cliff,...
China to Simplify Investment Rules
China’s currency regulator has announced it will loosen rules and reduce red tape for foreign direct investment, the latest step in efforts to buoy slowing inflows. China’s State Administration...
Russian Economy May Suffer From WTO Accession, Warns Putin
Russian President Vladimir Putin has urged domestic industries to adapt quickly to the new market conditions that have arisen from the nation’s entry into the World Trade Organisation (WTO);...
Syria To Seek $60 Billion In Financial Aid For First Six Months Post-Assad
Syria will need at least $60 billion in external assistance to rebuild its infrastructure once the regime of President Bashar al-Assad falls, said a leading opposition figure on Wednesday,...
EU Leaders Withhold Greece’s Aid Payment Again
Greece’s international lenders failed on Wednesday to secure a deal to give Greece the next tranche of its bailout, paving the way for a default. Greece’s next debt repayment...
Infographic: How Plastic Waste is Suffocating the World
In the U.S. alone, 280 billion plastic bags are used each year, which is enough to stretch around the earth nearly 30,000 times. China, on the other hand, uses...
Shell Plans To Invest $1 Billion Annually Into China
Royal Dutch Shell Plc, the world’s second largest company by 2011 revenue, is set to invest around $1 billion annually in its upstream businesses in China starting from this...
US Sees More Than 100% Increase In Citizen Donations Towards Reducing National Debt
Individual Americans have donated nearly $8 million this year – outside of federal taxes – to try and pay off part of the nation’s public debt, said a report...
Qatar to Invest €1bn in Italian Firms
A Qatari sovereign wealth fund will invest up to 1 billion euros in Italian industries over the next four years, as part of a strategy to manage the fund's...
France Loses AAA Credit Rating
Credit rating agency Moody’s Investors Service has downgraded France’s sovereign debt rating by a single notch from triple-A to Aa1, citing concerns over Paris’ competitive decline as well as...


