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Household debt casts long economic shadow: IMF

Housing busts and recessions are more severe and last for at least five years when they follow a big run-up in household debt, according to a study released on Tuesday by the International Monetary Fund.
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Iceland to repay early a fifth of IMF, Nordic loans

The Icelandic government said on Thursday it would repay early a fifth of the billions of dollars of loans it received from the International Monetary fund and its Nordic neighbors in the wake of the collapse of its banking sector in 2008.
Alcohol in films

On-Screen Boozing Tied to Kids' Binge Drinking

How much drinking kids and teens had seen in recent movies was linked to the chances they overdid it on alcohol themselves in a new study from six European countries.
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WikiLeaks Reveals Stratfor's Exclusive Glossary

Following the controversial release of over five million private emails by online anti-secrecy organization WikiLeaks, global intelligence company Stratfor undoubtedly has some explaining to do. The emails reveal all sorts of information including details regarding sources, operations and miscellaneous gossip. But, perhaps most peculiar is one specific document circulated among employees in 2007. The document, titled The Stratfor Glossary of Useful, Baffling and Strange Intelligence Terms.
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Iceland's Financial Watchdog Sacks Director Gunnar Andersen

Iceland's Financial Surveillance Authority (FME) said on Saturday it had sacked director Gunnar Andersen following a report into his time as an executive at failed bank Landsbanki. Daily Morgunbladid quoted Andersen as saying he would forcefully fight for his job and denying any wrongdoing.
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Iceland's financial watchdog sacks director

Iceland's Financial Surveillance Authority said on Saturday it had sacked director Gunnar Andersen following a report into his time as an executive at failed bank Landsbanki.
Incheon Airport (ICN)

Top 5 Airports in the World

The Airport Council International has announced the list of the top airports in the world.
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Alcoa takes aim at high-cost European smelters

Alcoa Inc said on Monday it plans to close its Portovesme, Italy, smelter and slash output at two Spanish smelters as the U.S. aluminum producer takes aim at its high-cost European operations.
Alcoa to curtail global production

Alcoa to Curtail and Close 12% of Production

More than half of the company's announced cut backs are taking place in the United States. Company officials intend to permanently close its smelting operations in Alcoa, Tenn., as well as two of six idled potlines in Rockdale, Texas.

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