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Japan central bank hopes a bold bond buy will solve an old problem
Apr 4, 2013
Japan is fed up with deflation and a sluggish economy, and its central bank is getting aggressive. Today, the Bank of Japan launched a sweeping bond-buying program to pump money into the economy.
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Jamaican power company reacts to electricity theft
Apr 4, 2013
Power costs in Jamaica are among the highest in the Caribbean. Many poor people have devised ways to get their supply free and illegally. Now the utility company is cracking down on this theft.
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North Korea blocks off industrial zone, border trade
Apr 3, 2013
Tensions rise on the Korean Peninsula as North Korea blocks South Korean worker access to an industrial zone along the border of the two countries.
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Egypt's loan delay is about prices -- and power
Apr 3, 2013
Egypt needs a loan from the IMF to right its floundering economy, but the money will come with austerity strings attached.
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Quiz: How much will gas mileage standards save you?
Apr 2, 2013
If the Obama administration's fuel efficiency standards, which are set for 2025, were enforced today, how much less money would each American driver spend per year on gasoline?
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Euro unemployment rises to record high 12 percent
Apr 2, 2013
The jobless rate across the 17 counties that use the euro currency rose to 12 percent in January and February of 2013, adding to signs that the region's economic slump may not be over.
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Britain's new 'Bedroom Tax' is not what you'd think
Apr 1, 2013
The U.K. revealed the biggest overhaul to its welfare system in a generation. One major cut will be to crackdown on people who live in large houses but collect welfare payments.
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Many German Christians quit church to avoid tax
Apr 1, 2013
In Germany, taxes are levied on believers to fund the churches. Many Germany are now leaving their church in order to avoid the tax.
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India Novartis patent ruling: Good for access, bad for innovation?
Apr 1, 2013
India's Supreme Court has rejected a patent filed by Swiss drug maker Novartis for its cancer drug. The decision has implications for the pharmaceutical industry and millions of people in poor countries.
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India rejects Novartis cancer drug patent
Apr 1, 2013
The Supreme Court in India has rejected an attempt by the Swiss drug maker Novartis to patent an update to a cancer treatment.











