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Infographic: Are Corporations People, or Sociopaths?
The pro-business line "Corporations are people" rings in many ears. If this is so true, what type of person would they be? This infographic highlights the angle and tendencies...
Ireland’s Painful 2012 Budget: 23 % VAT, €3.5bn in Spending Cuts
Ireland’s finance minister Michael Noonan has unveiled the country’s 2012 austerity budget. In order to qualify for continuing IMF-EU loans, the painful budget saw taxes increase by a further...
No Sign Of Yakuza Involvement In Olympus Scandal: Panel Report
An investigative panel, led by a former Supreme Court judge, has uncovered no evidence of any involvement by organised crime groups in Olympus’s years-long cover-up of investment losses, with...
Citigroup To Incur $400 Million Cost To Cut 4,500 Jobs
Citigroup Inc will record a $400 million charge for severances and other layoff-related expenses in its fourth quarter this year, as the company embarks on its latest effort to...
HSBC Fined A Record £10.5m For Mis-Selling Bonds To Elderly
Britain’s biggest bank, HSBC, has been slapped with a record £10.5 ($16.4) million fine, and ordered to repay £29.3 million to elderly investors after authorities found it guilty of mis-selling...
Freakonomics Author: Fears of Doomsday Overblown
The fears of a major economic crisis are exaggerated, according to “rogue economist” and author of the bestselling books Freakonomics and SuperFreakonomics. Despite fears and extensive media coverage of...
Infographic: The Walmart Economy
How big is Walmart? Apart from being the world’s largest retailer, Walmart is also the biggest private employer in the world with over 2 million employees worldwide. With over...
Eurozone Faces Unprecedented Mass Downgrade
International credit rating agency Standard & Poor’s have placed 15 out of the 17-member eurozone on its negative credit watch list, as growing "systemic stresses" in the region continue...
Key Economic News To Watch This Week: Dec. 5
A quick preview of the key economic events for the upcoming week: The European debt crisis will continue to take centre stage this week – with the ECB interest...
China “Deeply Concerned” With US’s “Strong Tendency For Trade Protectionism”
The Chinese Commerce Ministry has criticised the US for its “strong tendency for trade protectionism”, after a recent preliminary ruling by the US International Trade Commission voted unanimously to...


