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Western Countries Yet To Fulfil Promise Of Aid To Arab Spring States: Tunisia Central Banker
Tunisia’s central bank governor Chadli Ayari has urged Western economies to make good on their promise to provide financial aid to Arab Spring states, reported Reuters on Monday, as...
Infographic: The Cost Of Healthcare Fraud – $70-250 Billion Per Year
According to a report by the OECD, the U.S. spends more on healthcare than any other country in the world. Yet the country also only has the eighth-lowest life...
Iraq To Invest $500 Billion Into Energy Projects By 2030: Minister
Iraq plans to spend close to $500 billion over the next eighteen years on energy-related projects and industries, said Deputy Prime Minister for Energy Hussain al-Shahristani on Sunday, in...
Russia’s 2018 World Cup Budget Doubles To Nearly $20 Billion
The Russian government is set to spend up to 600 billion roubles ($19.23 billion) on hosting the 2018 Football Cup, predicted the country’s Sports Minister Vitaly Mutko on Sunday,...
Spain To Borrow $267 Billion In 2013 Amid Bank Bailout Fears
The Spanish government will borrow up to 207.2 billion euros ($266.5 billion) next year in order to cover the cost of bailing out its banks, power system and other...
Libor Manipulators ‘Should Face Prosecution’: UK Regulator
Those who manipulate the London Interbank Offered Rate could and should face criminal prosecution, said the Financial Services Authority today. The ‘broken’ Libor system will also get a ‘complete...
M&A Earnings Drop to 8-Year Low
Earnings from merger and acquisitions and debt and equity capital markets have dropped to an 8-year low, falling to levels not seen since the collapse of Lehman Brothers. Banks...
Infographic: Will The Electric Car Change The World?
The re-emergence of the electric car could play a significant role in the future of the global economy. Besides its obvious impact to the automobile industry, the rise of...
EU Seek WTO Approval For $12 Billion In Yearly Sanctions On US Over Boeing-Airbus Row
The European Union will ask the World Trade Organisation for authorisation to impose up to $12 billion in annual trade sanctions on the U.S. for illegal subsidies made by...
L’Oreal Chief Criticises Planned 75% Income Tax
L’Oreal Chairman and Chief Executive yesterday criticised the French government’s plans to introduce a 75 percent marginal income tax rate, arguing that it would make it difficult if not...


