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Foto : Ilustration
IKEA now brews its own beers, but do they complement Swedish meatballs?

IKEA has introduced a new food product: regular and dark lager beer. Totally unexpected, or bestsellers in the making? Who here wants to admit they sometimes go over to IKEA just to get some affordable...
IKEA, 21.07.2012 more...
Foto : WTO
Russia officially joins World Trade Organization

Russian President Vladimir Putin has signed the bill ratifying the country's accession into the World Trade Organization after 18 years of complicated negotiations. The measure making Russia the 156th WTO...
Moscow, 21.07.2012 more...
Foto : Ilustration
Peter Doyle IMF economist critical of fund in resignation letter

Peter Doyle a top economist at the International Monetary Fund was sharply critical of the Fund in his resignation letter. Doyle said the process of selecting the head of the organization was illegitimate ...
Washington, 21.07.2012 more...
Foto : London
Focus Shifts to Regulators in British Inquiry on Rate-Fixing

British regulators will face further scrutiny for their role in a rate-manipulation scandal when top officials at the Financial Services Authority testify on Monday before Parliament. Lawmakers in London...
London, 16.07.2012 more...
Foto : Ilustration
ECB Interest Rate Cut Inspires Little Hope

The European Central Bank's interest rate is now lower than ever before. But, even with the cut, few believe it will do much to energize the euro-zone's flagging economy. The real problems are to be found...
ECB, 13.07.2012 more...
Foto : Ilustration
Romanian senate speaker takes over temporary presidency

The suspended Romanian President Traian Basescu Tuesday handed over his presidency to Senate Speaker Crin Antonescu, who is to serve as the interim head of state. "Romania's President, Mr. Traian Basescu,...
Bucharest, 11.07.2012 more...
Foto : Eurogroup president Jean-Claude Juncker speaks with Finnish Finance Minister Jutta Urpilainen ahead of the Euro Group meeting in Brussels on Monday.
AFP
Euro Group Agrees to Lend Spain 30 Billion Euros

At their meeting in Brussels on Monday evening, the Euro Group of euro-zone finance ministers agreed to lend 30 billion euros to Spain to help its troubled banks. They could not, however, agree on who should...
EU, 10.07.2012 more...
Foto : Ilustration
ECB cuts interest rate to a record low

The European Central Bank has cut its main interest rate by a quarter point to a record low of 0.75%, which is in line with markets expectations. The Bank of England intends to use £50bln to boost the UK...
ECB, 05.07.2012 more...
Foto : Raul Castro
Cuba's Raul Castro Visiting Trading Partner China

Cuban leader Raul Castro is visiting key trading partner China for talks with President Hu Jintao and other leaders in Beijing. Castro arrived Wednesday to begin a four-day visit. Cuban state media said he...
Beijing, 04.07.2012 more...
Foto : Ilustration
Chairman of the Board of Barclays Bank announced his resignation Libor scandal

Barclays Chairman of the Board, announced his resignation. Previously, less than a week, the Bank of England agreed to pay $ 450 million to resolve allegations related to its manipulation of the London...
London, 03.07.2012 more...
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