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Germans To Pay 47 Percent More For Renewable Energy In 2013
Germany’s push towards renewable energy sources will cause a sharp increase in electricity prices for consumers next year, reported AFP on Monday, with green power surcharges expected to rise...
Singapore to Crack Down on Tax Dodgers
In a bid to protect its reputation as a “trusted financial centre”, Singapore is clamping down on foreigners who evade taxes by shifting money to its banks. In a...
Key Economic News to Watch This Week: October 15
The European Union is expected to meet later this week and both Spain and Greece are expected to top the agenda of the two-day meeting held in Brussels. This...
Germany Determined To Keep Eurozone Together: Finance Minister
German Finance Minister Wolfgang Schaeuble has once again affirmed his nation’s desire to keep Greece in the eurozone, despite fresh speculation that the debt-laden Greek government could leave the...
Iran Denies Involvement In Cyberattacks On Gulf Oil Companies
Iranian officials on Sunday denied any role in recent cyberattacks on Persian Gulf oil and gas companies; and claimed that the American allegations had been “politically motivated”, particularly ahead...
Germany in “Great Danger” of Recession
Germany, the eurozone’s largest economy, is in “great danger” of falling into recession, warned the country’s leading economic think-tanks. A group of leading German economic institutes has revised their...
One-in-Four Greeks Unemployed as Austerity Bites
Unemployment in Greece has hit a record high of 25.1 percent in the month of July, with more than 1,000 jobs lost every day over the past year, according...
Indonesian Government Wants Primary Schools To Stop Teaching English
The Indonesian government is set to omit the English language as a subject from primary school education as part of a curriculum overhaul to come into effect next year,...
French Woman Receives ‘Shock Of Her Life’ From $15.5 Quadrillion Phone Bill
When Solenne San Jose, an unemployed child minder living in south-west France, decided to end her phone subscription last month, she had no idea just how much her decision...
Red Cross Launches First Ever Spain Crisis Fund to Feed Vulnerable
The Spanish Red Cross has made a public appeal for donations as it struggles to cope with the country’s growing pool of vulnerable people. The first campaign of its...


