Passports . . . for a price
(Reuters) – For decades, the two-island nation of St. Kitts and Nevis exported sugarcane to keep its economy afloat. When sugar prices fell, St. Kitts began to sell an even sweeter commodity: its citizenship....
Category: Government Money
Amid clashes, Greek Parliament approves austerity measures
Athens, Greece (CNN) — Lawmakers in Greece voted early Monday to approve another round of austerity measures, sought in return for a new eurozone bailout of the debt-stricken country, while protests raged in the...
Japan economy contracts amid strong yen and Thai floods
Japan’s economy contracted more than expected in the last three months of 2011 as a rising yen and floods in Thailand hurt businesses. Gross domestic product shrunk by 2.3% during the period from a...
Greece: running street battles erupt in Athens!
(multimedia) Violent clashes erupt between Greek protesters and police outside Athens parliament.
China’s exports and imports dip raising growth concerns
China’s exports fell in January, the first decline in more than two years, raising fresh concerns about the impact of a global slowdown on its economy. Exports dipped 0.5% from a year earlier hurt...
Greeks rail against cuts as EU demands more
(AP) ATHENS, Greece – Thousands took to the streets of Athens as Greek unions launched a two-day general strike against planned austerity measures on Friday, a day after the country’s crucial international bailout was...
Postal Service pleads for help as losses continue
NEW YORK (CNNMoney) — The U.S. Postal Service renewed its pleas for congressional support Thursday as the floundering agency reported another massive quarterly loss. The Postal Service announced that it sustained a net loss...
Egypt’s NGO Crisis: How Will U.S. Aid Play in the Controversy?
Was this the tell-tale evidence? Egyptian authorities say they found maps in the offices of raided pro-democracy NGOs, the country’sJustice Ministry told reporters on Wednesday. Maps that dividedEgypt into zones. Maps containing English writing. “We found a number...
Senators irked by India’s Iran ties, stalled nuclear trade
WASHINGTON: India’s continued engagement with Iran in the face of American pathology against Tehran and New Delhi’s insistence on putting safety before commerce in nuclear energy trade surfaced as wrinkles in an otherwise smooth...
Dependence on Government at All-Time High
The 2012 Index of Dependence on Government, released today, should be a wake-up call for America. Published by The Heritage Foundation for the past 10 years, the Index tracks the growth in government dependence...
