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Generous Tax Breaks Allow Fortune 500 Companies To Make Money From Taxes
Twenty-six Fortune 500 companies did not have to pay a single cent in federal income taxes over the last four years, wrote a report by consumer group Citizens for...
Greek Government To Rent Out Police Officers At Hourly Rates
Greece’s cash-strapped government may consider renting out police officers and equipment – including patrol boats and helicopters – to private citizens and businesses, said a report by AFP on...
Key Economic News to Watch This Week: April 9
A quick preview of the key economic events for the upcoming week: After Spain’s disappointing debt auction last week, investors are anticipating Italy’s performance as it heads for its...
China To Impose Lifetime Bans For Food Safety Violators
Any individual or company that has been convicted of food safety crimes in China could be banned from the food industry for life, claimed a report by the China...
China & Japan To Collaborate On IMF Decisions
Asia’s two largest economies, China and Japan, have agreed to coordinate their efforts to support any IMF funding, said Japanese finance minister Jun Azumi on Monday, with ministers from...
The End of Cheap Burgers as the UK Bans Low-Quality Meat
Acting on a ban by the European Commission, the United Kingdom has issued a moratorium against the technique of stripping meat from animal bones, raising concerns over the future...
BRICS To Rally Behind Single World Bank Candidate
The BRICS nations must be united in backing a single nominee as the next World Bank president, said Brazil’s finance minister Guido Mantega on Thursday. Though Mantega was speaking...
ECB Holds Benchmark Rate At Record Low 1%
The eurozone has announced it will keep the benchmark lending rate at the current 1 percent, with the ECB chief Mario Draghi saying it is still premature for the...
2.4 Million Victims in $32 Billion Human Trafficking Industry: UN
Human trafficking is an industry worth $32 billion, and at any one time 2.4 million people suffer the misery of this humiliating and degrading crime, with 80 percent of...
Major Petrol Companies Investigated For Price-Fixing In Germany
Germany’s competition watchdog, the Federal Cartel Office (FCO), is set to launch an inquiry against five major petrol companies for allegedly trying to drive independent petrol stations out of...


