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China Reaffirms ‘Friendship’ With North Korea
Chinese president Hu Jintao has pledged to bolster ties with North Korea, after a meeting with the hermit state’s top envoy. The reaffirmation of friendship comes amid a huge...
Crime Is One of World’s Top 20 Economies: UN
A senior United Nations official has said that criminality is one of the biggest economies in the world. According to estimations, the crime industry generates 3.6 percent of world...
Shell Understated Nigerian Oil Spill Damage By More Than 60 Times: Report
Royal Dutch Shell plc may be liable for more than $150 million in compensation to victims of a 2008 Nigerian oil spill, said a report by The Guardian on...
Cuba To Move Half Of State’s Economic Activity To “Non-State” Sector
Private businesses and tax revenues will soon make up nearly 50 percent of Cuba’s economic activity, said a senior Communist party official over the weekend, as the government attempts...
Key Economic News To Watch This Week: April 23
A quick preview of the key economic events for the upcoming week: A busy week of meetings and announcements, the United States’ Federal Open Market Commission meeting on Wednesday...
Egypt Terminates Gas Deal With Israel
Egypt’s state-run gas company has terminated a controversial 2005 gas deal with Israel, citing dispute over payment. Israel, which imports over 40 percent of its natural gas supplies from...
Infographic: 5 Strange Signs That The Economy Is Improving
Economists love their indicators and indexes - from the more commonly known, such as the Big Mac Index, to the highly-lauded but hardly tested Skyscraper index, to the downright...
Dutch Government Heads For Breakdown As Austerity Talks Collapse
The Netherlands could be the latest eurozone member forced into an early election later this year, said the BBC on Saturday, after the nation’s political parties failed to agree...
Infographic: A Brief History of the Olympic Games
With the Olympic Games less than a 100 days away, businesses and advertisers are placing high hopes on social media to create a buzz for their brands. London, the...
Japan Could Lose Developed Nation Status by 2050
As its population continues to shrink and age, Japan, the third largest world economy, could lose its developed nation status and global significance by 2050, said the Tokyo-based 21st...


