Australian Prime Minister Retires After 'Winner Takes All, Loser Retires' Vote Spectacularly Backfires
Kevin Rudd makes a triumphant return to Australian politics as Julia Gillard has to eat her words.
Black Market Criminals Are Taking Advantage Of Europe's Financial Crisis
As Europe tries to pull itself out of financial trouble, criminal gangs are making billions from the black market.
Micky Arison Replaced As CEO Of Carnival Cruises After A year Full Of Mishaps
After the Costa Concordia sinking and Carnival Triumph fire, Micky Arison has decided to step down as CEO, paving the way for a fresh start.
Turkey membership Talks Suspended After EU Decides Recent Violent Streak Is Unacceptable
The EU gave Turkey a probationary period regarding how it handles basic rights of citizens, an official said.
Maersk Solves Long Haul Problem By Opening A New Transshipping Facility In Malaysia
Maersk has opened a new transshipping facility in Malaysia offering storage space to commodity traders that will enable shorter shipping times to China.
Pinochet Nemesis Garzón May Help Edward Snowden Find Refuge
Edward Snowden's journey to find asylum may be helped by famous Spanish jurist Baltasar Garzón.
William Dudley: Monetary Policy Hard To Achieve If Financial Instability Sustains
New York Fed President William Dudley said that financial instability, itself, was reducing the effectiveness of monetary policy.
Silvio Berlusconi Found Guilty Of Having Sex With An Underage Prostitute And Abusing His Power In Office
Three female judges found the former Italian premier guilty of patronizing an underage prostitute. But he's not going to jail, pending appeals.
Berlusconi To Discover His Fate In Long Running Sex and Corruption case
Former Italian Prime Minister Silvio Berlusconi will discover Monday if he will be sentenced for patronizing a prostitute who was a minor.
Vladimir Putin Has Pledged To Boost The Russian Economy With $13.6 Billion Of Oil Revenue.
Russia will invest half of its welfare reserves in a bid to boost the flagging economy.
Lionel Messi Will Face Tax Fraud Allegations After A Spanish Judge Orders Him To Appear In Court
Lionel Messi is accused of tax fraud and will appear in Spanish court with his father in September.
New Bank Asset Requirements Leave Five Of The Big Six Banks Trailing Behind
Some banks may have to retain earnings and shareholder dividends to meet the new requirement.
IMF to Stop Payments To Greece After Shortfall Is Discovered In Eurozone Bailout Package
The IMF will stop bailout payments to Greece unless a 3 billion-euro gap can be filled.
Impressionist Art Has A $165M Night In London; Monet Fetches $30M
Monet and Picasso led the charge at Sotheby's London as $165 million changed hands in a lucrative art auction.
9,000 Wealthy Chinese Escape Mainland Taxes Via Gambian Residency Loophole
Over 9.000 mainland Chinese have taken Gambian citizenship in order to live tax-free in Hong Kong.
Nine Inspector General Posts Remain Unfilled Leading To Concerns Over Government Oversight
The U.S. government has come under fresh scrutiny as top watchdog posts go unfilled for up to five years.
Retired Army General Wesley Clark Joins Blackstone Energy As A Deal Adviser
Blackstone has hired former NATO Commander Wesley Clark as their new deal adviser.
Obama Speech Calls For A Reduction In Global Nuclear Arsenals And Outlines A New Nuclear Defense Strategy
President Obama's speech at the Brandenburg Gate occurred nearly 50 years after President Kennedy appeared there in defiance of the Berlin Wall.
Bharti Airtel, Indian Telecommunications Company, To Invest $125 Million in Gabon's Telecommunications Network
India's biggest telecommunications company will also support social programs in Gabon.
Immigration Reform Bill Could Cut Almost $1 Trillion From Deficit And Add 10 Million Legal Residents Over The Next 20 Years: CBO
The CBO report forecasts that the creation of millions of new taxpayers each year would outweigh the increased assimilation costs.
Jerome Levy Report Suggests European Recovery Is Not Sustainable; European Central Bank Agrees
A report by the Jerome Levy Forecasting Center says that the euro zone recovery will only last a few months.
