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America: The best place to put your money

December 8th, 2014 (0)
If you slept through the past five years, you missed a helluva ride for the American stock market. Not only did U.S. equities trounce their depressing performance from last decade, but they left all other major markets in the ...

‘Global Islamic Economy Indicator’ introduced

December 8th, 2014 (0)
DIEDC launches ‘State of Global Islamic Economy Report’ Dubai Islamic Economy Development Centre (DIEDC), in partnership with Thomson Reuters and in collaboration with the Dinar Standard, has launched the ‘State of the Global Islamic Economy Report (SGIE)’ for the ...

How Did Germany Limit Unemployment in the Recession?

December 8th, 2014 (0)
Here’s a puzzle: During the Great Recession, the total contraction in economic output was noticeably larger in Germany than in the United States, but the rise in the unemployment rate was noticeably higher in the United States than in ...

Business lobby warning on chancellor’s new ‘Google tax’

December 5th, 2014 (0)
The chancellor wants multinationals to pay their “fair share” of tax The Confederation of British Industry has warned over Chancellor George Osborne’s plans for the UK to “go it alone” on corporate tax reform. The Organisation for Economic Cooperation ...

Osborne moves to cut spending to 1930s levels in dramatic autumn statement

December 4th, 2014 (0)
The chancellor, George Osborne, has set out dramatic plans to move Britain from the red into the black that will see public spending as a percentage of GDP fall to its lowest level since the 1930s and could require ...

Sony Pictures hack: Leaked Data Reveals A Big Gender Pay Gap At The Top Of Deloitte

December 4th, 2014 (0)
In the mid-2000s, the auditing and consulting firm Deloitte had a gender pay problem. The chart below comes from Fusion, which analyzed 2005 salary information for over 30,000 employees. The data was leaked as part of the major Sony Pictures ...

Enforcement Directorate probes Rs.20,000 crore hawala link in India-Iran trade, UCO Bank under scanner

December 4th, 2014 (0)
The Enforcement Directorate (ED) has begun an open enquiry under FEMA Act, in perhaps – one of the biggest hawala scam – against all those export-import (exim) companies that deals with Central Asian nations, specifically Iran and Azerbaijan. The ...

Fall of the Bond King: How Gross Lost Empire as Pimco Cracked

December 4th, 2014 (0)
Bill Gross, the 70-year-old king of bonds, rushed through the offices of his $2 trillion empire on a Friday morning distributing hand-written notes. He knew his reign was over. The billionaire co-founder of Pacific Investment Management Co. and its ...

New U.S. oil and gas well November permits tumble nearly 40 percent

December 3rd, 2014 (0)
Plunging oil prices sparked a drop of almost 40 percent in new well permits issued across the United States in November, in a sudden pause in the growth of the U.S. shale oil and gas boom that started around ...

Australia probes bitcoin crime links as currency craves legitimacy

December 3rd, 2014 (0)
A top Australian law enforcement agency is investigating bitcoin’s role in organized crime, a senior official said, just as politicians and financial regulators embrace the digital currency as a legitimate part of modern business. The investigation into bitcoin’s crime ...
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