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US Lifts Economic Sanctions Against Liberia After Decades

The United States lifted economic sanctions against Liberia on Thursday as Prresident Barack Obama cited the country's tremendous progress and committment to democracy.

Nov 15, 2015 03:38 AM EST


UK Sold Northern Rock Mortgages To US Worth £13bn

The treasury has sold worth £13bn of Rock Mortgages to a US private investment firm in what is being thought to be the biggest ever financial asset sold by the European government.

Nov 15, 2015 06:36 AM EST


Bargain buying creates robust US demand for gold

The August market crash and other adverse conditions in the global economy had created robust demand for the yellow metal in the US. Amercians concerned over market mayhem started buying gold bards and coins boosting the demand growth by a whopping 207 percent. during the third quarter. Equity analysts term it as bargain buying of US investors that pushed god demand spriraling up.

Nov 15, 2015 05:28 AM EST


Indonesia challenges China's claims on South China Sea claims

Indonesia announced Thursday that its country asked China to clarify and prove its claims on the South China Sea, as it plans to bring the matter to international court.

Nov 13, 2015 08:35 PM EST


Pound Fell Against Dollar Before Fed Speakers Could Impose Rate Hike

The pound fell for the first time in four days against the dollar amid speculation.

Nov 15, 2015 04:42 AM EST


Visiting Athens, Greece Landmarks, the Acropolis Hills and Parthenon

Athens, Greece is one of the most travelled destination. What makes it famous is its ancient long and fascinating history and the poular tourists' site, the Acropolis hills and the Parthenon.

Nov 13, 2015 05:47 AM EST


US Fed may hike interest rate in December

The top officials at US Federal Reserve are indicating a possible rise in interest rate in next December meeting if economic data is supportive. On the other hand, the rising dollar and weak global economy are impacting US exports, while easing pressure on imports.

Nov 16, 2015 03:05 AM EST


The UN launches ShareTheMeal, an app that lets people donate a meal to refugee children

The United Nations Food Programme recently launched the ShareTheMeal app to help end world hunger by 2030 by allowing people to feed refugee children with just the tap of their fingers.

Nov 13, 2015 07:35 AM EST


UK unemployment rate down 5.3%; its lowest since April 2008

The UK unemployment rate dropped 5.3 percent in the third quarter, the lowest it has been since April 2008.

Nov 13, 2015 07:52 AM EST


Passionate Horse Race Event, the Palio Di Siena in Siena Italy

The Paio in Siena, Italy is the most important event in the Italian city. It is a horse race event honoring the holy images of Madonna of Provenzano.

Nov 13, 2015 05:41 AM EST


Alibaba Group may acquire SCMP group

Alibaba Group, a China-based e-commerce major, is said to be in negotiations to acquire SCMP Group, which runs China Daily. Alibaba is investing in media companies.

Nov 16, 2015 03:01 AM EST


McDonald's drops realty, focuses on turnaround plan

McDonald's has dropped the plan of spinning off its real estate assets to Real Estate Investment Trust (REIT) and instead it'll focus on turnaround plan. The hamburger chain is also expanding its restarant network on franchise basis. McDonald's is also changing its menu list and process of products to alure more number of diners. It has also increased dividend payout to shareholders.

Nov 15, 2015 06:18 AM EST


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