Author : EW News Desk Team

The United States has allowed China to purchase government debt directly from the Treasury Department, bypassing primary dealers in Wall Street. According to Reuters, the agreement is the Treasury’s...

The proposed Keystone XL pipeline has been the subject of debate among the major players in the North American Energy Industry. While the oil sands in Canada are believed...

South Korea’s defence ministry plans to spend up to 2.5 trillion won ($2.1 billion) over the next five years in order to purchase 500-600 new cruise and ballistic missiles...

Chinese Premier Wen Jiabao has called for stimulus policies that would boost the nation’s slowing economic prospects, raising expectations that the government will undertake new expansionary measures to prevent...

Last week, investors witnessed a modern-day bank run in Greece when reports indicated Greek depositors pulled nearly $1 billion from local banks, while borrowing costs for Italy and Spain...

Japanese police are investigating the inner workings of the nation’s alibi-ya industry, reported ABC News on Monday, after officials busted two alibi-ya clients for using false documents to obtain...

A proposal to impose an additional tax on Italian pet-owners had to be scrapped by the government just hours after it was revealed to the public last Friday, after...

Mark Zuckerberg and friends are about to get even richer than they already are: Facebook was born almost eight years ago, developed and launched from inside a Harvard dormitory...

Immigration to Germany, the eurozone’s single largest economy, has reached its highest level in 16 years as residents from countries like Greece and Spain flee rising unemployment and weak...

Acting on his campaign promise, newly elected president Francois Hollande and his ministers have agreed to take a 30 percent pay cut in order to “lead by example”. Under...