Economics

Sanctions dodge: India to pay gold for Iran oil, China may follow
24 January 2012

India has reportedly agreed to pay Tehran in gold for the oil it buys, in a move aimed at protecting Delhi from US-sanctions targeting countries who trade with Iran. China, another buyer of Iranian [...]

UK to ban hidden credit card fees
28 December 2011

Hidden fees are often not shown until the end of an ordering process on the web which prevents consumers from making an informed choice and comparing the actual prices of different products and services [...]

McDonald’s goes belly up in Bolivia
26 December 2011

By Lisa Karpova McDonald’s leaves Bolivia healthier forever! After 14 years of presence in the country, and despite all the existing campaigns and having a network, the chain was forced to close the eight [...]

Federal Reserve Owns USA!
20 December 2011

By Babu G. Ranganathan The U.S. government didn’t rescue the banks. The Federal Reserve (FED) did.  U.S. taxpayers did not pay for this rescue as is commonly believed. The Federal Reserve is overseen by [...]