A former U.S. trader arrested for $1 billion fraud
A former broker at Rochdale Securities was arrested by FBI agents and accused of fraud for trying to …
ali Archive
UK: richest 10% are 850 times better off than the poorest 10%
The richest 10% of Britons are 850 times better off than the poorest 10% of UK population, according …
Student loans, three horror stories
U.S. student debt to banks reached a record level of $1,000 billion, amid a stagnant economy and rising …
The most expensive parking spot in the world
The most expensive parking spot in the world is held and have been used in the last decade …
George Soros and John Paulson are heavily investing in gold
The gold price has been rising for the past 12 years, the longest period of appreciation in the …
BP settled for $4.5 billion in Gulf of Mexico oil spill
BP Group has agreed Thursday to pay $4.5 billion to close U.S. federal investigation related to the worst …
London will lose this year its position of main financial center
London can expect to lose this year its statute of the most important global financial center, due to …
U.S. will become the world’s largest producer of oil by 2020
The United States will surpass Saudi Arabia by 2020 and will become the world’s largest oil producer. At …
EBRD, EIB and the World Bank, €30 billion euro plan for Europe
European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB) and the World Bank (WB) announced Thursday …
The next big financial crisis might occur in Asia
Asian economies are still growing strong, but the massive credit to the private sector creates the foundation for …