Hopes for a quick economic turnaround were essentially dashed on Friday when the Labor Department reported that American employers axed 49,000 jobs in May, the fifth straight month of job losses, an event that signals a recession and inspired a
Central banks across much of Asia, Latin America, and Eastern Europe will soon have to jam on the breaks or risk a serious crisis as inflation spirals into the danger zone. As the stark reality becomes ever clearer, this year`s
A German company, facing international criticism, agreed to stop delivering bank note paper to the Reserve Bank of Zimbabwe. Critics claim the money helped prop up the government of President Robert Mugabe.
Once considered the bread basket of Europe, Ukraine's farms are still recovering from the economic collapse that followed the break-up of the Soviet Union. With Ukraine's grain yield about 35 per cent of western...
Recognizing that professional accountants in business play an important role in helping their organizations deliver long-term value, the International Federation of Accountants (IFAC) Professional Accountants in Business (PAIB) Committee has released new guidance on the use of discounted cash flow
OPK Mining, a Russian coking coal producer, plans to raise $1 billion in an initial public offering next year to develop its mines in Siberia. A stake of at least 25 percent may be sold in Hong Kong or London,
On June 25, 2008, the Cabinet of Ministers of Ukraine obliged NAK "Naftogas" to supply cheap fuel to agrarians during the harvesting campaign, the profitability is not to exceed 10%. Thus, it's for the first time the Government of Yulia
Travellers flying to the United States from next January will need to supply personal details to the country's authorities using an online form at least three days before they fly.
London remains the global economy's most influential city, according to the 2008 MasterCard Worldwide Centers of Commerce Index(TM), an annual research initiative designed to evaluate and rank how major cities compare in performing critical functions that connect markets and commerce