A day after President Mohamed Morsi reshuffled Egypt's cabinet, an IMF representative was in Cairo to discuss a $4.8 billion loan. But the cost of that needed cash appears steep.
For most of history, there were always new lands to discover, explore, and exploit. Resources like water were taken for granted. But an important shift has occurred as we've looked back at our planet from space: We've become more conscious of preserving our rare, blue-green island in the universe.
It's getting easier to do business in many countries, according to a World Bank report, with Eastern Europe and Central Asia making significant strides this year.
The prime minister-elect of Georgia announced earlier this week his choice of soccer sensation Kakha Kaladze as his new energy minister. The soccer star has played for top Italian clubs Milan and Genoa, according to OilPrice.com.
Everyone from the US Census Bureau to the United Nations has a definition of poverty. A reasonable income is unquestionably important. But income alone doesn't determine whether someone is poor. Or rich.
A top priority of Russian President Vladimir Putin is the reintegration of former Soviet republics – based on tighter economic links and culminating in a political and security pact centered around Russia. Meddling in Eastern European elections is one way to fulfill Putin's regional ambition.