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A bank of, for, and by, the developing world

Mar 27, 2013
Leaders of the BRICS nations -- Brazil, Russia, India, China and South Africa -- are wrapping up a summit today. They have a new plan to create a bank to fuel economic growth in the developing world.
Posted In: BRICS, South Africa, developing countries

A view from inside the crisis in Cyprus

Mar 26, 2013
Fears of capital flight keep banks closed in Cyprus until Thursday. How are local businesses and individuals reacting to the shutdown?
Posted In: cyprus, Europe debt crisis, bailout

European Central Bank to Cyprus: Now or never

Mar 21, 2013
Cyprus has until Monday to come up with a new bailout package after the parliament rejected the initial plan that called for a controversial tax on the country’s bank deposits.
Posted In: cyprus, ECB, bailout, Europe debt crisis

Indians go for gold despite government hiking import taxes

Mar 20, 2013
India is the world's largest gold importer. The government hiked import taxes on gold to control the outward flow of cash, but for weddings, the lure of the yellow metal is not fading.
Posted In: India, weddings, gold

Cypriots protest bank deposit tax

Mar 19, 2013
Later today, the government of Cyprus will vote on a controversial bailout plan which would tax bank deposits up to 10 percent. The BBC's Nigel Cassidy in Cyprus discusses public reaction to the plan and whether the government will actually pass the measure.
Posted In: cyprus, Europe debt crisis, bailout

Crackdown on shark fishing opposed by Japan, China

Mar 14, 2013
Japan and China have failed to block new restrictions on shark fishing at an international conference in Thailand.
Posted In: animals, Japan, China, endangered species

Caught in the cross fire? Coca-Cola accused of illegal mapping in China

Mar 13, 2013
The government of the Yunnan province in Western China is going after Coca-Cola. Officials say the company has been illegally mapping the province with GPS devices.
Posted In: China, gps, Coca-cola

South Sudan, Sudan agree to restart oil production

Mar 12, 2013
South Sudan, which seceded from the rest of Sudan in 2011, will begin oil production again, under a new deal negotiated in Ethiopia.
Posted In: Africa, Oil, exports

Japan marks two year anniversary of tsunami

Mar 11, 2013
Today's anniversary is being marked with protests against nuclear power in Japan. But can the country sustain a non-nuclear energy policy?
Posted In: Japan, nuclear, Fukushima, tsunami, earthquake

Up, Up, and Away! Global stocks reach five-year high

Mar 8, 2013
The Dow Jones Industrial Average has hit yet another all-time high -- and the world is following suit. Global shares are at their highest level since June of 2008, thanks to strong market performance in France, Germany, the U.K., and Japan.
Posted In: stock market, Europe, Dow

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