Alan Greenspan, the architect of the meltdown in financial markets, says capitalism isn't to blame for all this income inequality. No way, he says, it's all about globalisation.Writing in th…
Greece has released the names of 4000 of its worst tax evaders. It accuses them of withholding or embezzling some €14.9 billion ($19.2 billion) from the Greek government. The list only names the ones…
Billionaire investor George Soros has warned that the global economy is in danger of collapse because European leaders don't know how to fix the problem.According to The Wall Street Journal, Soros…
US bankers are another breed. Everyone hates them for causing the financial crisis with their irresponsible lending practices and now they're saying everyone is picking on them. JP Morgan Chase CE…
Our economic picture has looked bleak for so long now that it's great to see a strong sector that has the makings for continued growth, and that is the recycling business. After all, not only ha…
Would-be US president Mitt Romney has released his tax return and if nothing else, it shows he lives in a completely different world from just about all Americans. For a start, few households anywher…
In his State of the Union address, Obama has announced a task force to go after the fraud that caused the financial crisis."We will…establish a Financial Crimes Unit of highly trained investiga…
So this is what Greece has come to. As reported here, Greece's culture ministry is planning to rent out sites like the Acropolis to advertising firms and other businesses. According to a ministe…
Lately, Google has been busy. As reported here, Google's US lobbying bill more than tripled to $3.76 million in the fourth quarter. It's Google's largest lobbying tab for any quarter sinc…
Microsoft has officially come out in support of legislation that would legalize same-sex marriage in Washington state. Microsoft, which is based in Redmond, Washington, has a simple position: it say…