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China Obtains Dramatic Voting Rights Boost in IMF
The US Senate recently agreed to changes to the International Monetary Fund's voting rights. This ratification redistributed voting rights to give emerging economies a bigger role in the affairs...
Japan, South Korea Reach Reparations Deal
A hotly contentious issue that has driven rage and anger across the Sea of Japan is closer to being resolved after Japan and South Korea agreed on a settlement....
Corsica Nationalists Grow More Popular as Economy Falters
French politicians were taken aback when Corsican nationalists won December regional elections by a landslide, according to AFP. The Corsican public has long expressed frustration with such issues as...
OECD Report: India Biggest Exporter of Doctors and Nurses to Europe
A recent study by the Organization for Economic Cooperation and Development (OECD) has made some interesting findings about the pedigrees of doctors and nurses in Europe. As it turns...
Bank Fined for Student Loan Fraud
A financial institution specializing in student loans received a fine as well as orders to cease operations for lying to students about fees and costs associated with their offerings....
Vietnam’s Economy Performs Better than Expected in 2015
Vietnam's economy grew at its fastest pace in five years due to such factors as record foreign investment and strong domestic demand, according to AFP. The government recorded 6.68...
World Bank: Pakistan Business Tax Rate World’s Third Highest
The World Bank has released its December 2015 report titled "Toward a More Business Friendly Tax Regime: Key Challenges in South Asia." In it, the World Bank warns that...
Insurance Companies Become More Receptive to Myanmar
Burmese leaders plan to foster a more open economy as insurance companies help the enclosed Southeast Asian country open up to foreign companies, according to the Chicago Tribune. Various...
Ukraine Passes Budget, Additional Bailout Funds Possible
Ukraine's parliament has finally approved a new budget for 2016. The budget was a compromise designed to satisfy demands of the International Monetary Fund (IMF) if Ukraine wanted to...
Rising Oil, Spending Bolster U.S. Stocks
After a sharp decline at the beginning of the week, stocks surged strongly as rising oil prices and higher consumer spending indicate improvements for parts of the U.S. economy. ...