Tag Archives: Economics

13Jul/15

Rapper 50 Cent says bankruptcy filing is ‘strategic business move’

(EVO) – 50 Cent has filed for bankruptcy protection, reporting debts and assets in the range of $10 million to $50 million. The rapper called the voluntary Chapter 11 filing a “strategic business move” that would not affect fans.
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13Jul/15

IMF’s Lagarde says agreement found on Greece

IMF Managing Director says on leaving mammoth talks in Brussels that an agreement has been found to move forward with a third Greece bailout deal.

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09Jul/15

China stock market crash explained

(Next Media Online) – China stock markets went into complete meltdown on Tuesday and Wednesday after being in free fall since June 12.
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04Jul/15

Behind the rattled nerves of China’s markets

(Reuters Business Report) – By now, you’ve probably heard that China’s stock market is swinging wildly.

Sparking panic as one of the world’s biggest economies experiments with a free market.

But what exactly is behind all of the uncertainty?
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01Jul/15

UK stock markets calm despite Greek default

UK traders consider the consequences of a possible ‘Grexit’ on the European markets.

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30Jun/15

Analyst says Germany playing “dangerous game of chicken” with Greece

As Greece pleads for a short-term bailout extension to avert a midnight default, a U.S. analyst says Germany must urge the IMF to offer some sort of face-saving measure for Greece or risk further economic fallout.

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12Jun/15

DSK acquitted of “aggravated pimping”

(REUTERS) – It was expected and now it’s official.

Dominique Strauss-Kahn’s lawyer leaves a French court with the news of his client’s acquittal.

DSK, as he’s known in France, was found not guilty of hiring prostitutes for a party he and others attended.
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26May/15

Alleged Libor ringleader goes on trial in London

Former trader Tom Hayes, on trial for allegedly conspiring to rig benchmark interest rates, has admitted to being motivated by greed and was fired by U.S. bank Citigroup in 2010, prosecutors tell a London court.

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20Apr/15

The high cost of iron ore’s price fall

(Reuters Business Report) – Few people have much sympathy for the mining companies.

Environmentally damaging, polluting, and hugely profitable, finding friends is no easy task.

BUT they also employ millions of people.

Most of them in developing countries, and often poorly paid.
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