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What Kim Jong-Il's successor could do for North Korea

Dec 19, 2011
Now that Kim Jong-Il is no longer the leader, questions remain as to what direction his son Kim Jong-Un will to to help, or hurt, his country.
Posted In: North Korea, Kim Jong-Il

Italian lawmakers vote on austerity measures

Dec 16, 2011
A vote today in Italy passes a round of austerity measures suggested by newly appointed Prime Minister Mario Monti. But is it enough to make a dent in the problem?
Posted In: italy, austerity, Mario Monti, Europe debt crisis

Olympus escapes delisting on stock exchange... For now

Dec 14, 2011
Japanese camera maker Olympus has been in trouble recently over alleged fraud. It met a deadline to avoid being delisted on the Tokyo stock exchange, but it isn't out of the woods yet.
Posted In: Olympus, Tokyo

Iraqi government will still depend on U.S. for help

Dec 12, 2011
The country has money from the billions of barrels of oil it produces everyday, but it will still need guidance from the U.S. when it comes to strategic planning and training.
Posted In: Iraq

European summit almost gets the job done

Dec 9, 2011
A deal was reached among the majority of countries in the European Union at today's summit, but a few countries are sticking on the sidelines.
Posted In: Europe debt crisis, david cameron

Markets had European debt drama 'baked in'

Dec 9, 2011
European countries agree to a deal on balanced budgets and debt reduction. A unanimous vote wasn't reached, but the BBC's Andrew Walker says investors already had limited expectations.
Posted In: eurobond, Europe debt crisis, bonds, david cameron

Coffee consumption on the rise around the world

Dec 8, 2011
Coffee consumption continues to grow globally, and some predict that the price of raw coffee will continue to dip in the coming years.
Posted In: coffee

David Cameron not ready to agree on treaty changes

Dec 7, 2011
While the rest of Europe is ready to re-write treaties in the hopes of healing the debt crisis, British Prime Minister David Cameron is not ready to give up the interests of his own country.
Posted In: Europe debt crisis, david cameron

White House trying to avoid economic headwinds from Europe

Dec 6, 2011
Leaders in the U.S. are increasingly worried about the debt crisis in Europe. Treasury Secretary Timothy Geithner is on a grand tour this week to check in on progress there.
Posted In: Europe debt crisis, Timothy Geithner

Eurozone threatened with downgrade if summit fails

Dec 6, 2011
Yet another summit is planned in Europe this week to find a solution to the debt problems there. But is this summit the one that will produce results?
Posted In: Timothy Geithner, Europe debt crisis

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About this collection

A near billion dollar company, World Finance is the largest of an often-overlooked breed of high-cost lender: installment lenders. Ranging from a few hundred to a few thousand dollars, the loans typically last anywhere from six months to three years. The industry boasts millions of customers and over 4,000 locations across at least 19 states, mostly in the south and Midwest, and touts the product as a consumer-friendly alternative to payday loans. World and its competitors gouge borrowers with unnecessary insurance products and persuade their customers to renew their loans over and over again, creating a cycle of debt that often grinds on for years.