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America’s Richest Just Got 13 Percent Richer
America’s super high net worth individuals saw their net worth grow by 13 percent in the past year to $1.7 trillion, according to Forbes annual wealth survey. Collectively, their...
Zambia To Spend $5.6 Billion On Building Roads
Zambia’s President Michael Sata has announced a $5.6 billion plan to build and upgrade more than eight thousand kilometres worth of roads over the next five years to improve...
Senegal Abolishes Senate To Save Money
Senegalese politicians have voted to scrap the nation’s Senate, or upper house, in order to save an estimated $15 million from the nation’s annual budget – that will go...
Infographic: How Companies Track & Profile Their Customers
Ever received an ad or an email from a company that seemed to be designed specially for you? These days, many retailers are gathering and storing information about their...
Asia Now Home To Most Number Of Millionaires In The World: Report
The number of Asian millionaires surpassed that of North America’s for the first time ever last year, said a report by Capgemini and RBC Wealth Management on Wednesday, though...
Senior Chinese Government Advisor Calls For ‘Economic Attack’ On Japan
A senior advisor to the Chinese government has called on authorities to impose “tough measures” on Japan, such as sanctions and bond market manipulation, so as to force Tokyo...
Russia To Write Off 90 Percent Of North Korea’s Debt
Russia has agreed to “forgive” nearly all of a $11 billion Soviet-era debt owed to it by North Korea, reported the Financial Times, as part of a deal that...
Indonesia Could Overtake Germany and UK By 2030
Indonesia could soon surpass Germany and the United Kingdom to become the world’s seventh largest economy, generating $1.8 trillion in annual gross domestic product, according to a recent report...
China-Japan Territorial Dispute Hurts $340bn Trade Ties
Trade relations between two of Asia’s largest economies could take a hard hit as tensions over a territorial dispute escalate. Some of Japan’s largest firms have suspended operations at...
Shell Forced To Abandon Arctic Drilling Until 2013
Anglo-Dutch oil giant Royal Dutch Shell Plc has called off attempts to drill for oil in the Alaskan Arctic for this year at least, said the New York Times...


