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Vatican Bank Fires President Amidst Money Laundering Scandal
Vatican Bank president Ettore Gotti Tedeschi has been removed from his position as the Holy See’s chief banker after receiving a unanimous vote of no-confidence from the bank’s board...
Infographic: The Biggest Heists in Crime History
All of the biggest heists in the world have one thing in common: A daring audacity to break the network of protection and security technology that have become so...
China’s Slowdown a Drag for East Asian Economies: World Bank
While China’s economy is still booming compared with other world economies, the World Bank has once again cut China’s growth forecast to 8.2 percent. Calling on China to act...
Greek Banks Received $125 Billion In “Secret Aid”
The European Central Bank (ECB) secretly approved 100 billion euros ($125 billion) in emergency liquidity assistance (ELA) to Greece’s struggling banking industry, revealed the Financial Times this week, who...
Putin To Slap $32,000 Fine On Russian Protestors
Russian President Vladimir Putin has signalled his support for a controversial new anti-protest bill, which will increase fines for any unsanctioned protestor from the current maximum of 5,000 rubles...
Japan Retains Status as World’s Top Creditor Nation
Japan has retained its position as the world’s top creditor nation in 2011, a title it has held on to for the past 21 years. According to data released...
Eurozone Poses Greatest Risk to Global Economy: OECD
The global economy is slowing gaining momentum, but the Organisation for Economic Cooperation and Development warns that recovery is extremely uneven across different regions and could be derailed by...
EU May Order France To Overturn Monsanto Ban
The European Union’s food safety body, the European Food Safety Authority (EFSA), said on Monday that it would consider forcing France to lift its ban on a Monsanto strain...
Students & Teachers Unite Against Education Cuts In Spain
Spain’s education system came to a grinding halt on Tuesday after teachers and students across the entire education sector – from kindergarten to university – went on strike to...
Hollande Pushes For Eurobonds Despite Obstinate German Opposition
Despite tough opposition from Germany, French president Francois Hollande is expected to revisit the idea of Eurobonds at the EU Summit later this week. Hollande is pushing Eurobonds as...


