Business
Mikheil Saakashvili admits election loss in Georgia
Georgian President Mikheil Saakashvili has admitted his party has lost the parliamentary election, in a live TV announcement. Mikheil Saakashvili said the Georgian Dream bloc...
Extreme Cheapskates: woman saves money by not using toilet roll
A woman from New York, who saves money by not using toilet roll, takes thriftiness to a whole different level in an upcoming series...
Iranian rial hits new record low
The rial, Iran's beleaguered currency, has fallen to fresh record lows against the US dollar. It fell a further 9% on Tuesday after Monday's 18%...
Insurers advise UK homeowners to buy flood insurance
Insurance policies covering flood damages become essential as flood warnings have been issued across the U.K. The British insurance companies caution homeowners that separate flood...
JP Morgan Chase faces $20 billion fraud suit over Bear Stearns mortgage securities
The New York Attorney General has sued JP Morgan Chase for allegedly defrauding investors who lost more than $20 billion on mortgage-backed securities sold...
Georgia election: ruling party and opposition both claim victory
Georgia's governing party and the opposition have both claimed victory in the country's parliamentary elections. Early results suggest the opposition Georgian Dream coalition, led by...
PM Yoshihiko Noda reshuffles his cabinet ahead of upcoming polls
Japan’s PM Yoshihiko Noda has named a new finance minister, in a reshuffle aimed at revitalizing his cabinet. Koriki Jojima replaces Jun Azumi in the...
Venezuela election: huge Caracas rally for opposition candidate Henrique Capriles
More than 100,000 people gathered in Venezuela's capital, Caracas, in support of opposition presidential candidate Henrique Capriles. Henrique Capriles criticized President Hugo Chavez for what...
Mikheil Saakashvili faces election test in Georgia
Voters in Georgia are going to the polls in an election regarded as President Mikheil Saakashvili's biggest test since he came to power in...
Venezuela election: two opposition politicians killed during a campaign rally
Two opposition politicians have been killed in Venezuela during a campaign rally, a week before the country's presidential election. Geison Valero belonged to the opposition...
Barack Obama and his family cost taxpayers $1.4 billion per year
US President Barack Obama and his family cost the taxpayer $1.4 billion per year, according to a recently published book. By contrast, the British Royal...
Spanish banks need an injection of 59.3 billion euros to survive a serious downturn
According an independent audit, Spain's banks will need an injection of 59.3 billion euros ($76.3 billion) to survive a serious downturn. The amount is broadly...
Joanne Trattoria: Lady Gaga’s parents restaurant slammed by critics
Joanne Trattoria, the Italian restaurant owned by the parents of Lady Gaga, has been slammed once again, this time by the New York Daily...
Bo Xilai faces criminal charges
Bo Xilai has been expelled from the Communist Party and will face justice, Chinese state media say. Bo Xilai, the ex-Communist Party leader in the...
France to raise taxes on top 10%
France’s Prime Minister Jean-Marc Ayrault has said that 9 out of 10 citizens will not see their income taxes rise in the new budget. He...
The Explanation for Unpayable Debts
That's what we use: money based on debt. If we don't have debt, we don't have money. When the debt disappears, so must the...
Greece’s governing coalition reaches basic agreement on the austerity package for 2013-2014
Greece’s finance minister Yannis Stournaras says the three parties in the country's governing coalition have reached a "basic agreement" on the austerity package for...
Robert Mugabe wants to hold Zimbabwe’s elections in March 2013
Zimbabwe's President Robert Mugabe wants to hold elections in March 2013 with a referendum on a new constitution this November, court papers reveal. His long-time...
Spain 2013 austerity budget to be set out today
Spain will set out today its austerity budget for 2013, against a backdrop of a deteriorating economy and 25% unemployment rate. Madrid is expected to...
France’s unemployment tops 3 million in August
The number of unemployed people in France has topped 3 million for the first time since 1999, according to latest labor ministry figures. August's jobless...
Greece: police fire tear gas and arrest dozens of protesters during one-day strike in Athens
Police have fired tear gas in Greece to disperse anarchists throwing petrol bombs near parliament in Athens. Dozens were arrested during the one-day strike against...
Spain GDP shrinks significantly
Spain’s economy continued to shrink at a "significant rate" in the third quarter, the Bank of Spain has said. Spain is currently in a deepening...
Greece: trade unions begin anti-austerity general strike
Greek trade unions have begun the first general strike since the country's conservative-led coalition government came to power in June. Wednesday's 24-hour walkout is to...
Park Geun-hye apologizes for human rights violations committed during her father’s rule
Presidential hopeful Park Geun-hye, the daughter of South Korea's former leader Park Chung-hee, has apologized for human rights violations committed during her father's rule. Park...
European Union struggles to reach budget agreement for 2014-2020
Senior EU officials are warning that it is proving harder than ever to reach an agreement on the European Union's next multi-annual budget. Ministers are...
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