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George Soros to Liquidate Hedge Fund
George Soros is getting out the hedge fund business, though he will still continue to manage his family assets which are estimated to be worth billions. Citing new rules...
Downgrade Doldrums: US Credit Rating May Drop Even if Debt Deal is Reached
As Democrats and Republicans continue to trade barbs in the senate over an agreeable debt deal, numerous market analysts and investors have now agreed that the US faces the...
2G Telecoms: India’s Biggest Corruption Scandal
Andimuthu Raja , former telecommunications minister is facing trial in India's biggest corruption scandal. But he wasn't going down alone. Raja deflected blame onto the prime minister in court on...
Blockbuster Drug Prices to Plummet as Patents Run Out
Patients will be paying less for the their medicines as seven of the world's most popular drugs turn generic, including cholesterol fighter Lipitor, blood thinner Plavix and anti-depressant LexaPro....
Infographic: 8 Ways Why China is Beating the US in Green Technology
A couple of weeks back, EconomyWatch.com cited a report by the United Nations Environment Programme, which stated that developing countries had overtaken their advanced counterparts to be the largest investors...
Oman Becomes the Latest Entrant to the Islamic Financial Industry
The Oman International Bank is set to become the latest market player in the US$1 trillion Islamic financial industry, according to reports from The National. The bank announced on...
High Unemployment Rates Among US War Veterans
Young male American war veterans returning from Afghanistan and Iraq are finding it increasingly difficult to secure a good-paying job as they struggle to re-adapt to civilian life. According...
Farewell Borders: The End of Book Culture?
Starting off as a used-book store in 1971, Borders pioneered the growth and boom of the book superstore with its wide selections and cheap pricing. But analysts believe the company...
Infographic: 10 Personal Finance Tips for 2011
If you've made 2011 your year to take control of your personal finances, tighten up careless spending and reign in those obligations, here are some great tips for staying...
Has Egypt’s Middle Class Gained From The Revolution?
Since June 12, half of the 18,000 workers employed in maritime services by seven subsidiary companies of the Suez Canal have been on strike. In contrast, those employed directly...


